This interesting article caught my eye because I represent some professional athletes including MLB players and because I live in Arizona. It has a really interesting bit of info at the end.
The conventional wisdom at play in the U.S. is that the best way to raise government revenues is to tax wealth creators at the very highest rates possible.
Arizona makes a large amount of money by being tax friendly and allowing enterprise to flourish, vs. what the state would have made by taxing MLB players in a more aggressive way.
If you are a ball player that wants to relocate your residence to Arizona please let me know, we have some great professional resources to help you. – Ike
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