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Police officers in Seattle, Washington held their first gun buyback program in 20 years this weekend, underneath interstate 5, and soon found that private gun collectors were working the large crowd as little makeshift gun shows began dotting the parking lot and sidewalks. Some even had “cash for guns” signs prominently displayed.

Police stood in awe as gun enthusiasts and collectors waved wads of cash for the guns being held by those standing in line for the buyback program.

People that had arrived to trade in their weapons for $100 or $200 BuyBack gift cards($100 for handguns, shotguns and rifles, and $200 for assault weapons) soon realized that gun collectors were there and paying top dollar for collectible firearms. So, as the line for the chump cards got longer and longer people began to jump ship and head over to the dealers.

Pinky wrote:There's a lot written about the stupidity of voluntary gun buybacks. Basically, people don't turn in guns unless they're worth less than the amount paid by the Pollyanna dipshits running the buyback. That usually means people turn in worthless crap or guns they need to get rid of "no questions asked".

The Golden State's new 13.3 percent income tax on top earners prompted golfer Phil Mickelson to say earlier this month he was considering a move, and according to the accountants who advise millionaire athletes, he was just saying what a lot of jocks were already thinking. Federal taxes on the top income bracket just rose by roughly 5 percent, and, while there's nothing rich athletes can do about that, they are paying attention to which states dip into their game checks — and how much they take.

“They’re going to have an exodus of people,” said John Karaffa, president of ProSport CPA, a Virginia-based firm that represents nearly 300 professional athletes, primarily in basketball and football. “I think they’ll see some [leave California] for sure. They were already a very high tax state and it’s getting to a point where folks have to make a business decision as well as a lifestyle decision.”

Read more: http://www.foxnews.com/sports/2013/01/3 ... z2JW4fw4MM

Turdacious wrote:Pro athletes v. Gov. Moonbeam on economics:

The Golden State's new 13.3 percent income tax on top earners prompted golfer Phil Mickelson to say earlier this month he was considering a move, and according to the accountants who advise millionaire athletes, he was just saying what a lot of jocks were already thinking. Federal taxes on the top income bracket just rose by roughly 5 percent, and, while there's nothing rich athletes can do about that, they are paying attention to which states dip into their game checks — and how much they take.

“They’re going to have an exodus of people,” said John Karaffa, president of ProSport CPA, a Virginia-based firm that represents nearly 300 professional athletes, primarily in basketball and football. “I think they’ll see some [leave California] for sure. They were already a very high tax state and it’s getting to a point where folks have to make a business decision as well as a lifestyle decision.”

Read more: http://www.foxnews.com/sports/2013/01/3 ... z2JW4fw4MM