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Squanto
PostPosted: Mon Jul 12, 2010 11:03 am 
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Carlos Spicy-Wiener
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Location: FAP TURBO
I stumbled across this article this morning, and since the subject of athletes and taxes came up with the whole LeBron thing, wanted to share it.

http://articles.latimes.com/2009/apr/12 ... jock-tax12

In a nutshell, athletes that play for a team in a no income tax state (like Florida) don't get significant tax advantages because they have to pay taxes in states that they play in for income earned in that state.

So, while LeBron may not have to pay states taxes on time he spends in South Florida, he'll have to pony up every time he plays in another state.


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Crosscheck
PostPosted: Mon Jul 12, 2010 11:41 am 
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Sober enough to run a server
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Location: 2,568 miles from the F'n arena
so it's still a 50% savings....all home games being income tax free.

That sounds like a significant tax advantage to me.

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NYIntensity
PostPosted: Thu Jul 15, 2010 8:42 am 
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Superstar Goalie
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I remember reading an article about this during last season about Vanek I think.

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CriminallyVu1gar
PostPosted: Thu Jul 15, 2010 12:27 pm 
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Captain Dynasty
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yeah i raise the same point cross does.

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