Michael Jordan was the reason for Jock Tax?

alko

Registered User
Oct 20, 2004
9,384
3,100
Slovakia
www.slovakhockey.sk
From Bloombergtax

Like many things in sports, jock taxes can be traced to Michael Jordan.
After the Chicago Bulls beat the Lakers in the 1991 NBA finals, California sought to capture some of the pay Jordan earned while playing in Los Angeles. His home-state Illinois retaliated with its own out-of-state tax, and soon the rest of the country was doing it—and the jock tax was born.

Is this really true?
 

Ad

Upcoming events

Ad

Ad