THE UNLIKELY CHARITY KNOWN AS COLLEGE FOOTBALL

When my wife tells me she really likes a piece about taxes, I know to pay attention.  Peter J. Reilly's review of the tax treatment of college football in Forbes was spot on.    http://www.forbes.com/sites/peterjreilly/2015/09/01/billion-dollar-ball-by-gilbert-gaul-and-the-unlikely-charity-known-as-college-football/  And wouldn't it be nice if John Oliver took up the struggle, or Congress actually looked at the absurdity of giving the elite football powers a Free Ride on all of those billions they take in from television, corporate advertising and those mandatory seat donations? I know. I know. You don't win any votes taking on the local university. but still........