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VTTW Board Index > Sports > VTTW Message Board (Moderators: droner, Stogie Vol, TheRealOrange) > Arkansas the first state to exempt NIL funds from state income tax....
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Author Topic: Arkansas the first state to exempt NIL funds from state income tax....  (Read 475 times)
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droner
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« on: April 26, 2025, 12:28:32 EDT »
"Funds related to NIL or revenue-sharing directly from a university will be exempt from state income tax."

https://www.msn.com/en-us/news/politics/arkansas-gov-sarah-huckabee-sanders-signs-bill-into-law-exempting-nil-dollars-from-state-income-tax/ar-AA1DDpTf?ocid=msedgdhp&pc=U531&cvid=2041a0bf91c44313b5c40cf04b2ee4d2&ei=66

Added to the states already without a state income tax, that makes 10 states not taxing NIL funds. A definite advantage.

https://financebuzz.com/no-income-tax-states?msockid=1ae5041f1476678826dc11d715a0664d
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BanditVol
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« Reply #1 on: April 30, 2025, 02:57:40 EDT »
As if the deals aren't good enough already 😕

Misplaced priorities? Maybe some poor working families could use a break?

It's too much IYAM.
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« Reply #2 on: April 30, 2025, 05:21:34 EDT »
What about the kids that are working to put themselves through school?! If they don't get exempt, I would sue their asses off.
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« Reply #3 on: May 06, 2025, 04:10:09 EDT »
Quote from: Tnphil on April 30, 2025, 05:21:34 EDT
What about the kids that are working to put themselves through school?! If they don't get exempt, I would sue their asses off.

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"The speed of our movements is amazing, even to me, and must be a constant source of surprise to the Germans.”  G. Patton
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