And the IRSseems to be tolerating donor-friendly manipulations of charitable trusts it once would have frowned on, such as investing in variable annuities to game the timingof income.
But collectively, these factors might reduce overall economic impact by 1-3% this year, as opposed to the 5-10% it may have fallen if Tiger was on top of his game physically and mentally AND if the timingof the announcement pre-dated the event by several months.