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    1. Government is inherently rife with inefficiency and the various abusive ways in which it spends other people’s money. Few in Congress illustrated this better than former senator Tom Coburn, R-Okla., who became renowned for his annual...

    2. The NFL Tackles Its Tax Problem: A Score for Roger Goodell

      The Fiscal Times via Yahoo! NewsApr 28 04:00 PM

      Underneath all the scandals that swirled around the NFL last season, from the Ray Rice domestic abuse embarrassment to the New England Patriots’ Deflategate, was the fact — equally scandalous to some — that while each of the 32 teams is required to pay taxes on its income, the league’s central office is a tax-exempt not-for-profit organization. With every public relations black eye, the NFL’s ...

    3. "Government spending is spiraling out of control," McCain writes in the report. The report cites a new study from the Congressional Budget Office that found the federal government is spending $294 billion on programs no longer authorized to receive federal funding. Among the agencies receiving unauthorized funds were the National Aeronautics and Space Administration (NASA) and the National ...

    4. Unnecessary, wasteful government spending is today putting America on a dangerous path, as we burden future generations with a mounting national debt — now totaling more than $18 trillion. The future

    5. It was not out of a sense of decency that the National Football League recently let go of its tax-exempt status. You see, as a tax-exempt organization, the NFL had to disclose Commissioner Roger Goodell’s compensation – $44.2 million in 2012. That seemed an excessive sum for the head of a “nonprofit” freed from having to pay any federal income tax. Now the NFL can keep it secret. Tax exemption ...

    6. NFL to give up tax-exempt status amid congressional pressure

      Shutdown Corner via Yahoo! SportsApr 28 10:21 AM

      For years, the NFL has avoided paying taxes. But one report that suggests the NFL is giving up that right.

    7. Bloomberg the Company & Products

      BloombergMay 07 05:19 PM

      Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

    8. Why the NFL Suddenly Wants to Pay Taxes

      Time MagazineApr 28 02:37 PM

      America's richest sports league relinquishes its non-profit status. How much will Uncle Sam benefit?

    9. The official salary of NFL commissioner Roger Goodell will no longer become public knowledge with the league planning to change how it pays government taxes.

    10. NFL Will End Its Tax-Exempt Status, Goodell Tells Owners

      Bloomberg via Yahoo! FinanceApr 28 01:35 PM

      The National Football League’s central office will become a taxable entity, ending its tax-exempt status in a move with minimal financial effect and significant symbolic value. “Every dollar of income generated through television rights fees, licensing agreements, sponsorships, ticket sales, and other means is earned by the 32 clubs and is taxable there,” Goodell wrote. The league’s decision pre...

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