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Article: Baseball Teams in Florida, Texas and Washington Benefit from No State Income Tax, Study Says.
- Article from:
- Ascribe Higher Education News Service
- Article date:
- October 25, 2007
CopyrightCOPYRIGHT 2007 AScribe. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: University of Colorado, Boulder
BOULDER, Colo., Oct. 25 (AScribe Newswire) -- Businesses have long made decisions on where to locate partly based on taxes and a new study by three university economists now says free agent baseball players do so, too.
Major League Baseball teams in Florida, Texas and Washington benefit from having no state income taxes because they are able to get free agents to accept offers of lower salaries, according to the authors of "Baseball Salaries and State Income Taxes: The 'Home Field Advantage' of Income Taxes on Free Agent Salaries."
Unlike the pre-tax salaries reported in the media, MLB players compare ...