Julio Gonzalez from Engineered Tax Services joined Bold TV to discuss his recent meeting at the White House about the “jock tax.” This tax requires athletes and entertainers pay taxes based on all states they perform in, even for a few hours. Host Clay Aiken, famous for his singing on “American Idol,” weighed in with his perspective as a traveling performer:
“I am a person who pays this jock/entertainer tax. When I play a show in another state, I pay income tax on that show because I’m being paid in that state. That’s a lot of money for that particular state; if I weren’t working there, it would all go to North Carolina.”
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Editor’s Note: Engineered Tax Services is a Bold sponsor.