Obama calls foul on donor tax break for college sports tickets

By Kevin Drawbaugh WASHINGTON (Reuters) - College sports fans who donate money to their favorite schools and get priority seating at big games in exchange could lose a tax break under a federal budget plan proposed on Monday. Democratic President Barack Obama's plan would close a loophole that lets donors deduct four-fifths of the value of a gift made to a school, even if priority seating rights ... http://ift.tt/1BXK0AM