Posted on 07/09/2010 1:02:03 PM PDT by Michael Eden
I’d have to agree with what was said. Lebron has made his bed, let him sleep in it. He created this circus, and for now I’m just going to forget I was ever a fan.
Who do you think I am referring to?
If you don’t like Rush then you must be lost.
Please go play in some other sand box.
Try the Kos.
Thanks for the nibble
I hate to say it but this is where Rush gets it wrong. Sports figures pay taxes on where they play the game.
IE. LeBron plays an away game in NJ. He is paying the income tax for NJ on his per game salary.
Half the games are home games. Then, he’s got games against the Rockets, Spurs and Mavericks, and Texas also has no income tax. Limbaugh has also mentioned that New York has been harassing him every year since he moved to Florida.
BTW, an aside on James. He’s catching a lot of heat (HAW! I Kill me!) for changing teams, but he did his contract in Cleveland and moved on to another team. He didn’t hold out or refuse to play. He finished his contract and got another one. I don’t care about basketball one way or the other, but if I had his talent, I’d probably try to get where I wanted to go, also.
What Richard said. Half the games would be home games, which would lower his taxes even on your argument. Not to mention the fact that he has likely earned more in endorsements than in salary, and that his endorsement money would not be taxable in any but his home state.
Here’s from an article:
“James made $42,410,581, including $14,410,581 in salary and winnings and $28 million in endorsements.”
So based on that, he earns twice as much in endorsements as he does in salary.
Don’t forget James made $90 million from Nike alone. Before he’d even played a single NBA game.
I hadn’t heard that an athlete had to pay income tax on every venue he plays in. But our tax code is so messed up I guess I wouldn’t be surprised.
What Richard said. Half the games would be home games, which would lower his taxes even on your argument. Not to mention the fact that he has likely earned more in endorsements than in salary, and that his endorsement money would not be taxable in any but his home state.
Here’s from an article:
“James made $42,410,581, including $14,410,581 in salary and winnings and $28 million in endorsements.”
So based on that, he earns twice as much in endorsements as he does in salary.
Don’t forget James made $90 million from Nike alone. Before he’d even played a single NBA game.
I hadn’t heard that an athlete had to pay income tax on every venue he plays in. But our tax code is so messed up I guess I wouldn’t be surprised.
Ooops. My bad.
Yeah, it’s commonly referred to as a “locker tax.” Home cities sometimes have them also, so the players don’t get completely away, even in non-income tax states.
ROTF!
You catch a fish every time ;-)
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