Comment on College coaches' salaries increase despite threat of new tax

College coaches' salaries increase despite threat of new tax

WASHINGTON (AP) — A potential new tax on seven-figure salaries for employees of non-profits hasn't deterred schools from doling out huge contracts to new coaches. Both the House and Senate versions of the GOP tax overhaul include a new 20 percent excise tax on salaries of $1 million or more paid by universities and other nonprofits.Read more on NewsOK.com

 

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