Not long ago, I shared my thoughts about the athletic department at the University of Arkansas and their "free" use of loaner cars with dealer tags. It turns out that these cars are, in some cases, considered a part of their total compensation package. What this means is that they are paying income taxes on the use of the cars.
Above all else, I want to be fair. I happen to be very fond of football Coach Houston Nutt. He is a good Christian man with a fair sense of values, and he is very enthusiastic about Arkansas in general. Still, I wonder why the university does not just buy the darn cars? What benefit comes to the dealers? I think the cars are being leased but if this is true, why should the University not go ahead and get their own darn tags?
Whoo, Pig Sooie.
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