Bush proves Brandt right about income tax concerns

Maybe the Green Bay Packers aren't drawing free agents due to income tax concerns after all.

Back in April, former Green Bay Packers contract negotiator Andrew Brandt wrote an article for the National Football Post about how players could make more money playing for teams in a state without income taxes.

"The states without income tax, I felt, always had an advantage in recruiting free agent players," wrote Brandt. "Teams in Florida, Tennessee and Texas used the fact that their states had no income tax to show players how much more they would take home than teams in high income tax states (like Wisconsin). In some cases, agents actually showed me data from other teams showing how much more the player would make over the life of the same contract in one of those states. In recruiting players for Green Bay, I would always hear from agents how much more a player would make from, say, the Buccaneers or Texans compared to the 6.6-percent state income tax that Wisconsin would take from Packer players."

Just this week during Organized Team Activities (OTAs), Packers defensive back Jarrett Bush spoke to the Green Bay Press-Gazette about the contract he was offered from the Tennessee Titans, which the Packers chose to match.

"It was a win-win situation for me, really," Bush told the Press-Gazette. "Either I went to Tennessee, or I could stay here. Tennessee had no state taxes."

Bush was a highly sought after restricted free agent. In addition to the Titans, he also visited the Baltimore Ravens and reportedly had interest from four other teams.

The fact that Bush chose the Titans over five other teams shows the pull an extra six percent of your paycheck can mean to a player of Bush's caliber. While he's making millions of dollars, he's not making the money top tier free agents make. He only has a few short years to make himself financially set for the rest of his life, and hopefully his family as well.

Packers general manager Ted Thompson has been known as a general manager who hasn't dipped his toe into the free agent pool very often. But is it entirely possible that he's not able to attract free agents to come to a place like Green Bay where it's small, rural and cold in addition to having a state income tax?

For his part, Bush said he was happy to come back to the Packers.

"I know the (Packers) coaching staff, I know the organization, I know where we have training camp, I know the head coach, I know what’s going on here and how things operate," said Bush. "So, I was like, it don’t matter where I go. If I stay, great. If I don’t, great anyway."

But as long as he mentioned the income tax situation, it leaves at least a seed of doubt about whether the Packers can attract free agents compared to the rest of the NFL.

Comments

 

Satori said:

I am not surprised that the agents would play up the income tax angle,but life is rarely a single data point. What about the cost of living in GB compared to Florida ? Housing costs alone would wipe out the 6 % he is paying on his state income tax. The entire cost of living has to enter into any valid discussion about "where you will do better" - but its unlikely the agent or player looks any further than the paycheck in making that decision. A fool and his money....
June 7, 2009 1:10 PM
 

Bush proves Brandt right about income tax concerns - Railbird Central « Taxes Income said:

Pingback from  Bush proves Brandt right about income tax concerns - Railbird Central «  Taxes Income

June 7, 2009 1:27 PM
 

Zarjdfafa said:

The income tax is one of the most equitable means of government finance we have. I should pay an effectively higher porportion of my income through things like the sales tax and "fees" so guys like Bush can pay less? Screw that! If that's what it comes down to, i'd rather they take their franchise and move to some sunbelt hole. There are plenty of things more important than the Packers.
June 7, 2009 8:09 PM
 

Lucky Luck » Bush proves Brandt right about income tax concerns - Railbird Central said:

Pingback from  Lucky Luck » Bush proves Brandt right about income tax concerns - Railbird Central

June 15, 2009 10:18 AM
 

tax attorneys said:

First, lets all agree that breaking the law is wrong. Next, lets all agree that dozens of federal laws prohibit unauthorized entry or stay on US soil and that these laws are required to ensure civility, national security, and orderly and regulated immigration

July 10, 2009 5:16 PM

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