Louisiana to raise taxes to support college sports

[Beasts of the East]

Louisiana is poised to hike its sports betting tax to help colleges pay their athletes

Louisiana soon could raise taxes on sports betting to help finance the athletic departments at many of its public universities. Legislation pending before Gov.

apnews.com

 

[MainMan]

Means errybody 'round these parts has themselves a hand in them Tigers' national championship yesssir.

 

[Spocky Ramone]

I want my $ to go to Livvy!

 

[Beasts of the East]

If this becomes a trend (and why wouldn't it?) we've just made college athletics a ward of the state.

Private universities day will be over soon.

 

[Spocky Ramone]

If this becomes a trend (and why wouldn't it?) we've just made college athletics a ward of the state.

Private universities day will be over soon.

Maybe… other side of the coin it becomes a ward of the state, and too much money is going to sports so distribute the funds to other areas to be more equitable.

 

[austour]

I think tying it specifically to sports betting at least ties the tax to the folks who are most interested in the subject at least.

 

[Beasts of the East]

I think tying it specifically to sports betting at least ties the tax to the folks who are most interested in the subject at least.

Does this mean the bets you place are tax deductible as part of rev share donations?

 

[mjmaherjr]

The Pope would announce 10% of all money collected during mass goes to the Big East

 

[Beasts of the East]

The Pope would announce 10% of all money collected during mass goes to the Big East

And offering indulgences to all Big East refs who refuse to call offensive fouls on Villanova players who push off.