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RE: LeoThread 2025-03-10 23:28

in LeoFinance19 hours ago

Part 3/8:

State legislators like Travis Weaver from Illinois have proposed bills advocating for NIL tax exemptions for college athletes. Weaver argues that while it may initially sound unjust for high-earning athletes to avoid taxes while the average taxpayer is burdened with them, the potential benefits to the community and state economy are substantial. Every time a local college football team makes a bowl game or a basketball team reaches the NCAA tournament, applications to those institutions increase, demonstrating a direct correlation between athletic success and economic gain.

Arguments For and Against Tax Exemption