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New Tax Bill will Cost UW some money

WestWYOPoke

Well-known member
Figured as this could be construed as political I would stick it in the Hole in the Wall, although it does affect UW Athletics.

Seems that part of the new tax bill will require non-profit institutions (I.E. public universities, hospitals, etc.) to have to pay a 21% tax on their Top 5 salaries over $1 million each year.

While this doesn't affect UW as much as many other schools (Alabama will have to pay $1.2 million in tax in 2018 for Nick Saban's contract alone), it would cost UW a few dollars. From what I can find, Coach Bohl's 2017 salary was $1,412,000. That would cost the school another $87,000 a year. A far cry from what the big schools will be paying, but still another 87K the school has to find somewhere.

NCAA gonna pay more taxes
 

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