Tax Plan Impacts College Athletics

[GGGG]

http://www.newsobserver.com/news/politics-government/politics-columns-blogs/under-the-dome/article182403556.html

Basically gone is the 80/20 rule.  If you make a gift to purchase season tickets for Marquette basketball, 80% of that gift would no longer be tax deductible.

[B. McBannerson]

Welcome back

[GGGG]

Thank you.  Gave myself a four week (minus one day) break.

[warriorchick]

http://www.newsobserver.com/news/politics-government/politics-columns-blogs/under-the-dome/article182403556.html

Basically gone is the 80/20 rule.  If you make a gift to purchase season tickets for Marquette basketball, 80% of that gift would no longer be tax deductible.

Not sure that is going to affect anyone's decision on whether or not to donate/buy tickets.  Anyone who sits in the ones that require a ton of donation-related points is probably going to spend the money anyway.

Glow and I have specifically asked for certain contributions not to count towards points because we don't need any more to sit where we want to sit, and we'd rather have the deduction.

[GGGG]

Not sure that is going to affect anyone's decision on whether or not to donate/buy tickets.  Anyone who sits in the ones that require a ton of donation-related points is probably going to spend the money anyway.

Glow and I have specifically asked for certain contributions not to count towards points because we don't need any more to sit where we want to sit, and we'd rather have the deduction.

I think price points are going to have to go down which is going to cost the schools money.  Supply and demand suggests that's going to happen.

[tower912]

Glad you are back

[GGGG]

Thank you.

[Dr. Blackheart]

Thank you.  Gave myself a four week (minus one day) break.

Welcome back Sultan! I hope things are going well.

[real chili 83]

Thank you.  Gave myself a four week (minus one day) break.

Rumor was you were on an island with Keefe.

[Lennys Tap]

Thank you.  Gave myself a four week (minus one day) break.

Didn't see this thread when I welcomed your return in another one - happy for your return!

[GGGG]

Rumor was you were on an island with Keefe.

Eeww.

Didn't see this thread when I welcomed your return in another one - happy for your return!

Thanks Lennys!

[Jay Bee]

http://www.newsobserver.com/news/politics-government/politics-columns-blogs/under-the-dome/article182403556.html

Basically gone is the 80/20 rule.  If you make a gift to purchase season tickets for Marquette basketball, 80% of that gift would no longer be tax deductible.

Obama tried to do this as well.. didn't fly.

http://latenighthoops.com/university-minnesota-vs-president-obama/#.Wf3xtVtSzIU