The bad news for the mailing industry keeps on coming, dimming the prospects that the two-year-old postal rate hike that went into effect days ago will end.
Sen. Tom Coburn
Professional sports leagues like the National Football League and the National Hockey League are getting swept up in the move towards tax reform in Congress. Two bills introduced in the the House and the Senate would take away the leagues' non-profit tax exempt status. Currently, the team franchises are taxable, but the leagues themselves are not.