NIL Exemption for State Tax?

[king_kong_]

In GA it may be

 

[huskerfan66]

In GA it may be

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That would be total bs. How could that NOT be income? People busting their humps to donate 5 dollars here and 10 dollars there to help pay them sure don't get exemption

 

[HuskerJag]

That would be total bs. How could that NOT be income? People busting their humps to donate 5 dollars here and 10 dollars there to help pay them sure don't get exemption

But they could! Come on Unicameral, re-write the Nebraska Revenue Code to allow NIL donations to be a tax deduction, or better yet a tax credit for the individual making the donation. That will grow that NIL pool

 

[Cedric]

In GA it may be

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They would still be liable for federal income tax

 

[Dean Pope]

But they could! Come on Unicameral, re-write the Nebraska Revenue Code to allow NIL donations to be a tax deduction, or better yet a tax credit for the individual making the donation. That will grow that NIL pool

OMG. If churches, Wounded Warriors, etc. have to compete with Husker football for tax deductible donations, then our state would sink to a new low. And letting it be a tax credit would probably put us in competition with Mississippi and New Mexico for the most hapless state government in the union. Probably have to go to volunteer state patrol. Maybe go back to the Wild West posse system of yesteryear.

 

[Huskers123456]

Looks like Georgia cfb players figured out how to use lobbyists!