The official and unofficial golf season kicked off Thursday with the Masters. The PGA and all other tours convene for four special days in Augusta, Georgia. But did you know that most of the PGA Tour stars tend to make their full-time homes in Florida, Texas, and Nevada?
And it is not just because they like fresh squeezed orange juice, rodeos, and blackjack tables. They make their homes in such states because of something those locations lack: State Income Taxes.
Further, many of the American Tour pros live in places like the Bahamas, Cayman Islands and the British Virgin Islands where they can escape nearly all income taxes, federal and state.
The financial benefits can be significant. If you are interested in exploring this further, retirement living has a offers a helpful interactive chart where you can click a state and get more information about its tax structure.
Hit them straight!