OT: Tax bill eliminates tax deduction for JPC ticket related gifts

[BoilerAndy]

That's not a straw man.
How about answering whether you are a lawyer...

Another deflection. Your arrogance and dishonesty reminds me of this quote:

“Don't forget that we lawyers, we're a higher breed of intellect, and so it's our privilege to lie.”
― Yevgeny Zamyatin

You remind me of another quote: "Lawyers are the only people who will announce to everyone in the room that they are lawyers."

No. That ain't me.

 

[70boiler]

Actually, the reason I was interested if you were a lawyer, was that your post

But US Supreme Court went much further than that, using clear, broad language:
"The exemption created a more minimal and remote involvement between church and state than did taxation because it restricted the fiscal relationship between church and state and reinforced the desired separation insulating one from the other."

attributes the quote to the Supreme Court. Actually what you quoted is headnote 3 of the Syllabus which is prepared and added by the Reporter of Decisions, and is NOT part of the opinion, nor does it have precedential implications. Had you been a lawyer, I intended to ask why you stated what you did.
Additionally, your ad hominem is unbelievably childish.

 

[Gold&Black]

First off I'm not a lawyer.

The Constitution only restrains Congress. IIRC several of the original states DID have official religions.

 

[BoilerAndy]

Additionally, your ad hominem is unbelievably childish.

EXACTLY what I thought when you continued to use straw man arguments to deflect throughout this thread. And the lawyers I know have a thicker skin.

In any case Boilers win and I'm good with it.

 

[lbodel]

It's just gonna have to be 2 buckets. One normal tax deductible JPC without ticket rights, and a second ticket bucket. It will absolutely drive the price of tickets up. I would look at doing the tickets as a charity auction. You can still deduct a lot that way.

I think that will work for the Oklahomas, Ohio States, etc. of the world. But will people buy tickets for $1,000 per ticket for Purdue football? With no tax deduction? Eh, I dunno. Even basketball....there's more demand there, but not sure there's significant high dollar demand.

Also keep in mind, your JPC gift covered both football and basketball - you raise ticket prices, you're paying even more if you go to both.

All in all, it's a no win situation for Purdue or its fans.

 

[Boilermb]

Also keep in mind, your JPC gift covered both football and basketball - you raise ticket prices, you're paying even more if you go to both.

All in all, it's a no win situation for Purdue or its fans.

Purdue currently requires you to be a JPC member at a minimum of the $2500/year level to be eligible for Mackey lower arena seats. However ticket availability is based on your accumulated JPC priority points. For each ticket you get, you then pay the ticket price plus a $250 legacy fee. Most upper arena seats also have legacy fees, although those are lower.

 

[lbodel]

Purdue currently requires you to be a JPC member at a minimum of the $2500/year level to be eligible for Mackey lower arena seats. However ticket availability is based on your accumulated JPC priority points. For each ticket you get, you then pay the ticket price plus a $250 legacy fee. Most upper arena seats also have legacy fees, although those are lower.

Has the JPC sent any communication about this yet?

Purdue's system is different, but I'd imagine if they are using priority points to determine your season ticket location - then every dollar that you're giving towards accumulating those priority points would no longer be tax-deductible.

The Legacy Fee would also then be not tax-deductible. Those are NOT the same thing as a per seat donation that most schools use. Purdue basically double charges people with the Legacy Fee.

At most schools, you pay a per seat donation and that's all - there' usually upwards of 10 different levels. There's no other donation on top of that. Usually these per seat donations add up to the different levels. i.e. getting two seats that is a $100 per seat donation would add up to a $200 gift, the equivalent of a JPC First Team membership. And it applies to both football and basketball - so you make a $200 gift, that qualifies you for 2 seats at the $100 level in football and basketball.

That's not Purdue's version of a Legacy fee. The Legacy fee is on top of that.

 

[Boilermb]

That's not Purdue's version of a Legacy fee. The Legacy fee is on top of that.

From what I recall, Purdue added the legacy fee instead of increasing ticket prices. The revenue from increased ticket prices would have to be shared with other schools, but the legacy fee income does not get shared.

 

[lbodel]

From what I recall, Purdue added the legacy fee instead of increasing ticket prices. The revenue from increased ticket prices would have to be shared with other schools, but the legacy fee income does not get shared.

Well, let's be frank. Purdue needed more money cause football revenue was in the toilet. So it gouged/"double-taxed" its most loyal supporters by adding a "fee" on top of their JPC donation. That's the reasoning without the sugarcoating.

One would expect ticket costs to now go up - but not sure Purdue can do that with a JPC + Legacy fee (neither would be tax deductible anymore). So basically with the Legacy fee - every ticket just went up X number of dollars since that is no longer tax-deductible.