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Tuesday, January 22, 2013

Phil Mickelson on Taxes

Regardless of your politics, it would appear that the number of professional athletes making their permanent residences in California will dwindle.  Read here about Mickelson's comments, but if you life in Florida or Texas -- and in areas where pro athletes already live -- you probably will have some new neighbors.


Anonymous George Clark said...

So glad you are posting more frequently, but I have no idea what the point of this one might be. Mickelson has been the anti-Tiger for much of his career, certainly since Woods threw up on himself. The typical complaint from tour players relates to the quality of the courtesy cars they are furnished or the pro-ams they must endure. Whining about taxes when unemployment in the gallery hovers near 8% seems particularly self-absorbed. 50 mil/per/yr can only take a fellow so far.

5:03 PM  
Anonymous The Sports Curmudgeon said...

I too am glad to see you posting more frequently...

I think that Mickelson could have made his point more effectively if he had announced the reason for his move to a "low tax venue" after the fact instead of announcing his plan to deliberate on the matter.

The "rational actor" we all studied in Economics 101 would make that move and reduce cost. Humans are far more complex than the so-called "rational actor" but that does not mean that we care about the deliberations he will go through to decide where his residence shall be.

3:57 PM  
Blogger SportsProf said...

Thanks for the comments gentlemen. I always heard that "taxation effects behavior" and once lived in California. Moved back because I felt the area where I live has a better sense of community. While it's not totally sports related, competitive athletes probably dislike high taxes as much as anyone. So, look for an exodus, even from the Golden State.

5:52 PM  

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