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More on the athlete lawsuits before the courts, NLRB
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<blockquote data-quote="GTNavyNuke" data-source="post: 153480" data-attributes="member: 322"><p>Liked the sarcasm in post #5 and #16.</p><p></p><p>They are probably already paying taxes on the scholarships. My daughter had a scholarship and got a 1099-T. Later she worked for GT as a grad student. Parts of the tuition both times were taxable ..... but there were exemptions and since she was in such a low income bracket she paid little taxes. (Which is the way it should be.)</p><p></p><p>I think student athletes in D1 football will be found to be employees. Then they will also get the lifetime medical benefits for injuries suffered on the job. What I can't predict is the political side - will Congress then make college football a tax exempt like they did for the NFL and MLB? (I think those tax exemptions should be phased out, but that would lose contributions and votes so it'll never happen.)</p></blockquote><p></p>
[QUOTE="GTNavyNuke, post: 153480, member: 322"] Liked the sarcasm in post #5 and #16. They are probably already paying taxes on the scholarships. My daughter had a scholarship and got a 1099-T. Later she worked for GT as a grad student. Parts of the tuition both times were taxable ..... but there were exemptions and since she was in such a low income bracket she paid little taxes. (Which is the way it should be.) I think student athletes in D1 football will be found to be employees. Then they will also get the lifetime medical benefits for injuries suffered on the job. What I can't predict is the political side - will Congress then make college football a tax exempt like they did for the NFL and MLB? (I think those tax exemptions should be phased out, but that would lose contributions and votes so it'll never happen.) [/QUOTE]
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More on the athlete lawsuits before the courts, NLRB
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