NC Senator Proposes Taxing of Athletic Scholarships October 31, 2019 by Susan Dutca Lovell In response to the NCAA's vote to allow athletes to profit from their names, images and likeness, Senator Richard Burr of North Carolina has proposed taxing those scholarships.
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Senator Burr tweeted: "If college athletes are going to used rc cars on craigslist make money off their likenesses while in school, their scholarships should be treated like income.
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I'll be introducing legislation that subjects scholarships given to athletes who choose to 'cash in' to income taxes.
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