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From London’s Tennis Courts to California, Aggressive Taxes Always Disappoint

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From London’s Tennis Courts to California, Aggressive Taxes Always Disappoint
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Veronique de Rugy
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Commentary

Last week, nearly every elite men’s tennis player skipped one of London’s marquee tournaments. Only one of the world’s top 10 showed up at Queen’s Club, the traditional Wimbledon warmup; stars including Alexander Zverev, Daniil Medvedev, Taylor Fritz and Ben Shelton were playing 300 miles away in Halle, Germany. A culprit was likely Britain’s tax code, which doesn’t stop at taxing prize money earned on British soil.

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Veronique de Rugy
Veronique de Rugy
Author
Veronique de Rugy, Ph.D., is a senior research fellow at the Mercatus Center at George Mason University. She has testified numerous times in front of Congress on the effects of fiscal stimulus, debt, deficits, and regulation on the economy. Previously, de Rugy has been a resident fellow at the American Enterprise Institute, a policy analyst at the Cato Institute, and a research fellow at the Atlas Economic Research Foundation.