One of the main reasons that the NYT will not tell you why NYC lost LJ.....

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marc

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One of the main reasons that the NYT will not tell you why NYC lost LJ.....

posted on Jul 08, 2010 11:39PM

Lebron James has decided to join his friends in Florida. Some wonder how he could do that and leave the big Chicago bucks and NY bucks behind. His two super star friends and he will demand a lot of the salary cap however What is not mentioned is by signing in Florida that over a five year $100 million contract Lebron and or his friends will save $12 million in State taxes. Florida does not have a state tax but Ohio, NY and Illinois do. So our President who is a big basketball fan has a real time lesson on what taxes cost millions of Ohioans as well as the hopes and aspirations of other States and Fans.

Taxes can have some unintended consequences....

Just an fyi

God Bless

Marc

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