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Why Doesn’t The NFL Pay Taxes? Why Is The NFL A Non-Profit Organization? Tax Status Allows The League To Keep All Of Its Profits

With all of the current controversy in the National Football League right now, it's not surprising that American's are taking a new look at the industry that generates almost $10-billion dollars a year - not counting second-tier profit centers.  But - did you know that the NFL is a non-profit organization and because of that designation - doesn't pay a dime of taxes on those profits?

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Thinkstock
Thinkstock
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EPA Regulations Ban Most Brands Of Wood-Burning Stoves; Tighter Standards Will Affect Many Americans

If you like your heat-producing stove you can keep it.  Unless it burns wood, apparently.  New regulations set forth from the Environmental Protection Agency (EPA) ban the production and sale of 80% of the current wood-burning stove models in the United States.

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(Photo by Mark Wilson/Getty Images)
(Photo by Mark Wilson/Getty Images)
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Nancy Pelosi’s Sequestration Concern: Her Paycheck And Her Dignity

 

It's good to see that Nancy Pelosi has her priorities straight.  The House Minority Leader has harsh words for the upcoming sequestration dilemma, because - she wants her paycheck!

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(Photo by Justin Sullivan/Getty Images)
(Photo by Justin Sullivan/Getty Images)
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Bank Of Walmart Operates Without A Charter

Quick: What does one of the largest retailers in America do when the Federal Government declines their application for a banking charter?  Do it anyway - ala carte.
Four years ago, Walmart abandoned its long-sought plans to obtain a federal bank charter amid opposition from the banking industry and lawmakers

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