As a student body, we are privileged to have free access to all school sporting events. Simply show off our Spartan card and enjoy a full night of entertainment. However, what about those schools that charge an entrance fee, should they be charged a tax on top of that for simply cheering on their team?
It only seems fair to enact Florida House Bill (HB) 905 that exempts tax admission charges to certain educational events sponsored by public colleges, universities and community colleges. It’s bad enough as financially struggling college students to have to fork over money to support your team, but for the government to tax that amount is just ridiculous.
Sports at many universities, especially state schools, have become much more commercialized. Due to this, the Congressional Budget Office has to asses the degree of commercialization on the basis that it be more educational rather than commercial. According to tax laws, in order to remain untaxed, the money earned from a university sport events must be used “in furtherance of” the schools educational mission.
According to The Economist, the average D1 School rakes in over $1.6 million from sports events including ticket sales. Though paying tax on a ten-dollar ticket may seem like nothing, $1.6 million proves that it can quickly add up.
Also Included in this bill are tax exemptions to the admissions of events held in museums and cinemas where the success or the failure is dependent upon the sponsor of the event. If a universities football league qualifies for a championship game or a national collegiate tournament then no tax shall be levied on the admissions of these events. Lastly, admissions to live theater, live opera or live ballet in this state.
Taxes shouldn’t be imposed on sports events especially those at the collegiate level. HB 905 is a great incentive not only for students but also for the school as a whole.
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