Toro
Diamond Member
- Thread starter
- #21
The study is of professional soccer players. They are hardly representative of the general economy.
They are representative of high earners. High earners are never representative of the general economy.
Not only are they representative of high earners, they are generally more mobile than high earners in most professions, and are more motivated because they only earn that money in a short period of time.
They are not representative of high earners.
They are representative of professional athletes.
They are not representative of high earners only in that they are more mobile and motivated and thus more sensitive to tax rates than other high earning professions. A top footballer can pick up and move to another country to ply his trade tomorrow. A doctor or a lawyer cannot just pick up and start practicing in another country next week. Plus, they have more incentive to move, given that a professional athlete has a career of maybe 10 years compared to a lawyer or a doctor, who can work for several decades. Thus, they are an even better representative of sensitivity to income tax rates than most other professions.
But if you can make an argument otherwise, I'd like to hear it.