Posted Feb 12, 2013 by Martin Armstrong
Sports figures are changing venues and refusing to accept payments for services all because of taxes. Politicians do not get it. Raise taxes and people change their behavior. Why is it raising taxes including payroll is OK, but cutting government waste would be bad for the economy?
David Beckham is donating all earnings from France to Charity. Why? Because if he takes anything, he will owe taxes on everything he earns during that period – endorsements etc.
Taxes are changing everything