Fair Tax, Flat Tax, Tax Reform, US Taxes

Psst – Phil! Here’s How You Say It!!

FINALLY, someone comes out and fills the void created when Phil Mickelson opened the logistical door for the movement against higher taxes.

John Karaffa, president of ProSport CPA, a Virginia-based firm that represents nearly 300 professional athletes, primarily in basketball and football is coming out and expounding on the comments that Phil so meekly shied away from:

“I think they’ll see some [leave California] for sure. They were already a very high tax state and it’s getting to a point where folks have to make a business decision as well as a lifestyle decision.

“They’ll start to see it more from paycheck to paycheck,” Karaffa said of the state’s tax bite. “And it’ll actually help my practice because guys will ask more questions and be more attuned to this. You’ll see more attention paid from professional athletes to their taxes this year because this is their largest expense.”

Read more: http://www.foxnews.com/sports/2013/01/30/federal-state-tax-hikes-could-send-athletes-migrating-to-tax-friendlier-states/#ixzz2JVYu2Ror

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