It's About Liberty: A Conservative Forum

Topics => Sports => Topic started by: Libertas on July 25, 2013, 11:56:19 AM

Title: How Long Will High Tax States Continue to Draw Top Talent?
Post by: Libertas 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/ (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...

Title: Re: How Long Will High Tax States Continue to Draw Top Talent?
Post by: Glock32 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.

Title: Re: How Long Will High Tax States Continue to Draw Top Talent?
Post by: ToddF 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.