Thursday, January 8, 2009

Lawmaker Proposes 'Titans Tax'

Posted by Jeff Woods on Thu, Jan 8, 2009 at 1:01 PM

To help bail out the state government, Rep. G.E. Hardaway is calling for professional athletes and entertainers to pay a $400 annual tax. And you might think these lucky citizens living in a state with no income tax would be more than happy to make a little extra contribution for the good of all. Not exactly.

Former Titans' wide receiver Chris Sanders says the tax might not sit well with some players. "There is going to be some griping a little bit, guys get upset when they pay a lot of taxes because they get taxed in so many areas," Sanders explains.

Musicians don't like it, either. American Federation of Musicians Local 257 President Dave Pomeroy:

Mr. Hardaway's bill suggesting a 'privilege tax' for professional entertainers and athletes is laughable in its premise, but also insulting to our community in a time when intellectual property is under attack and professional musicians struggle to make a living in the digital age when music is perceived to be 'free'. Music isn't free - we work for a living. While we all share his concern about funding the juvenile court system, I respectfully suggest that Mr. Hardaway look elsewhere for a more equitable solution.

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I guess it's only ok for some to pay:
"An occupations tax is imposed on those persons with an active Tennessee license or registration to practice any of the following professions.
Accountant Optometrist
Agent (Securities) Osteopathic Physician
Architect Pharmacist
Attorney Physician
Audiologist Podiatrist
Broker-Dealer (Agents) Psychologist
Chiropractor Real Estate Principal
Dentist Broker
Engineer Speech Pathologist
Investment Advisor Sports Agent
Landscape Architect Veterinarian
Lobbyist
DUE DATE
Annual – June 1
TAX RATE
$400
FOR ADDITIONAL INFORMATION CONTACT:
Statewide toll-free: (800) 342-1003
Nashville and Out-of-state: (615) 253-0600
E-mail: professionpriv.help@state.tn.us
General Revenue E-mail: TN.revenue@state.tn.us
http://www.tennessee.gov/revenue/tntaxes/proftax.htm
On the other hand . . .
The minimum salary structure for 2007 is as follows:
Rookies and first-year players $285,000
Second-year players $360,000
Third-year $435,000
Fourth-year $510,000
Fifth- through seventh-year $595,000
Eighth- through tenth-year $720,000
Eleventh-year and longer $820,000
Or
Toby Keith nabs the top spot on our list, raking in $48 million over the last year.
http://www.forbes.com/2008/05/21/country-music-stars-biz-media-cz_ls_0521countrystars.html

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Posted by athome on January 8, 2009 at 3:54 PM

Call it the Pacman/Kid Rock tax.
Tax these phucks for every penny you can.
Millions for throwing a goddamn ball around? Millions for keerap music?
Nicole and her old man too weary to drive to Nashville from Franklin? They drop 8 million on an in-town house?
Jesus-h-christ.

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Posted by working man is pissed on January 8, 2009 at 9:14 PM

Notice not included in athome's list of those "professions" blessed with being allowed to pay the tax, are a couple of occupations with large lobbying staffs...insurance and real estate agents. Wonder how that happened?

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Posted by Emmett Flatus on January 9, 2009 at 12:28 PM

50,000 a year is incredibly hard for a musician to earn. Why not tax Rep. Hardaway and some of these Jackleg policitians instead?

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Posted by royster on January 20, 2009 at 9:11 PM

I have an idea, why don't we tax everyone exactly the same?! strange idea I'm sure. We work so hard for everyone to be treated equally, then we throw that idea out of the window when it comes to deciding where we can get more tax money.
I'd love to see some 9-5ers try to make $50,000 in the music business and maintain their "off-time" and vacation time. Don't judge other's and how hard they work unless you're walked in their shoes. You think Nicole and Keith don't work hard? Please!!!! Don't hate someone more successful than you and don't tax them just because of their success.

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Posted by Greg Lawrence on January 24, 2009 at 11:15 AM
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