Found this on Stracka.
At first I was abhorred at the thought, but after thinking about it, it might not be a bad idea. Well, that is if they can better define what the tax would cover. I know taxes suck, but I don’t think most of us would forgo playing because the round costs a couple extra bucks. Now Governor Arnold Schwarzenegger is planning on putting this into effect February 1, 2009, to help California’s $11.2 Billion Deficit.
Alright, so, I’m going to attempt some math….
Back in 2004, there were 495 million rounds of golf played in the US. Just for estimates sake, lets divide that by 50 and say that In California, 9.9 million rounds of golf are played per year. Say the average round is $50 bucks and the tax is $4.37. That times that is $43,263,000.
So in theory, by just adding a tax to a round of golf, you could generate $43,263,000 in revenue for the state.
As it stands, the golf industry is suffering through it’s worst business in decades and if something doesn’t happen this trend is only going to get worse. So you have the players who have stopped playing or buying because of financial obligations or whatever and you have the players that are still getting out to play, I’m of the mindset that those who are still playing are not going to stop because of a few dollars more per round. Overtime, this may have a positive impact on the economy and those who weren’t playing might start getting out again.
What do you think?
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