Quote:
Originally Posted by GioforPM
Except they don't. They like to spend their dough, and they want their dough now. Read a Russian or Slovakian interview with a player. It's all cars, houses, money.
Lots of these guys have no patience for a deferred revenue plan. Plus, the taxes have to be paid. The sheltering doesn't save them that much at the end of the day.
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Depending on where they live now and where they plan to live upon retiring, deferring their taxable earnings can save them a tremendous amount of taxes.