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How Long Will High Tax States Continue to Draw Top Talent?
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Topic: How Long Will High Tax States Continue to Draw Top Talent? (Read 962 times)
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Libertas
Conservative Superhero
Posts: 63974
Alea iacta est! Libertatem aut mori!
How Long Will High Tax States Continue to Draw Top Talent?
«
on:
July 25, 2013, 11:56:19 AM »
http://losangeles.cbslocal.com/2013/07/24/phil-mickelson-faces-61-percent-tax-rate-following-back-to-back-wins/
I can envision a time where top performers start passing on such events...sports may be insulated a bit since players can make up earnings lost elsewhere easier...but if the efforts to confiscate more earnings expands and increases it will eventually kill the golden goose...
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We are now where The Founders were when they faced despotism.
Glock32
Conservative Superhero
Posts: 8747
Get some!
Re: How Long Will High Tax States Continue to Draw Top Talent?
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Reply #1 on:
July 25, 2013, 01:35:22 PM »
I don't see why not, because it happens in music and film. Look at all the bands and actors who relocate for tax purposes. It's especially galling when it's people who spend the rest of the time lecturing us, e.g. U2.
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"The Fourth Estate is less honorable than the First Profession."
- Yours Truly
ToddF
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Posts: 5841
Re: How Long Will High Tax States Continue to Draw Top Talent?
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Reply #2 on:
July 25, 2013, 01:36:17 PM »
As long as the dumbass' keep funneling more and more of their tax money to pro sports, to then make up for the extra taxes on everybody else.
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How Long Will High Tax States Continue to Draw Top Talent?