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To: RayChuang88

Again I repeat....the endorsement money he could get in the NY market is so much higher than what he could get in Texas, that he could probably pay a 60% tax and still come out ahead. With the way contracts are structured and the charitable contributions that players use to avoid taxes, they are not hurt as much by higher rates as regular individuals are. If things were as bad as you paint them out to be in NY, then the Yankees would never be able to attract top talent. They don’t have any problems, neither do the Mets, Giants, Jets, Knicks or any of the Fortune 500 firms that set up shop in NYC.


17 posted on 10/24/2010 11:44:03 AM PDT by XRdsRev (New Jersey - Crossroads of the American Revolution)
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To: XRdsRev
Then how come the Mets and Knicks are having trouble attracting really good talent? Both teams are a mess. If the Knicks can convince Carmelo Anthony to come to the team, that might make the Knicks actually viable again.
18 posted on 10/24/2010 12:33:13 PM PDT by RayChuang88 (FairTax: America's economic cure)
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