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I'm no tax accountant, but...

RavinTerp

All-Big Ten
Gold Member
Jan 2, 2003
3,511
621
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San Diego, California
Should the proposed tax reform bill become law, groups like the Terrapin Club are probably going to take a major hit with a doubling of the standard deduction. Has the athletic dept had discussions about this? It could have a significant impact on college sports all over the country with people no longer donating to get the tax deduction.

Not trying to debate the merits of the tax plan here...don't need another political flame war. Just tinking about the realities going forward.
 
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