UNREAL: CONGRESS JUST TEED UP A NEW BILL STRIPPING PGA TOUR’S TAX-EXEMPT STATUS 🚨 Just a day after the PGA Tour shocked the entire world by announcing it would be merging with the Saudi-owned LIV Golf Tour-a for-profit venture-a Congressional bill has been introduced to strip the tour of its tax-exempt status. Rep. John Garamendi (D-California), the third-ranking minority member on the House Armed Services Committee, proposed the “No Corporate Tax Exemption for Professional Sports Act,” which would put an end the PGA Tour’s ability to file as an IRS 501-C organization, as it has done for decades. What are your thoughts? Should the PGA lose its tax exempt status?
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