NFL Unhappy with Tax Reform Proposals that Cut Billions in Sports Stadium Subsidies

The NFL is not a big fan of recent Republican tax reform proposals that cancel the billions that teams get in tax subsidies to build and operate sports stadiums across the country, a report says.

The tax proposal would eliminate the big tax breaks cities and states receive on money borrowed to build stadiums meant to entice or prevent sports franchises from moving to another city.

“The proposed tax bill would target the tax exemption on municipal bonds,” Pro Football Talk wrote, “and those bonds have become a key piece of the $750 million in public funding that will build a new stadium for the Raiders in Las Vegas.”

http://www.breitbart.com/sports/2017/11/06/nfl-unhappy-tax-reform-propos...