Quote:
Originally Posted by golfing eagles
So, the question is whether the PGA makes a taxable profit????? Unless we hear from their accountant, none of us knows. Remember, all those "billions" are won by players who pay tax. The rest is given to charity or covers administrative costs. There are no shareholders and no team owners like those other leagues.
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They’re now guaranteeing 500k to every player per year and it was discovered they were sitting on a billion in reserve.
Jay Monahan is flying around on a tax-exempt private jet to do personal errands. C’mon man. They’re making a mockery out of everyday tax-paying folks.
Furthermore plenty of tax paying corporations, companies and sports organizations donate to charity and good causes.
It's time the PGA gets off the government teat.