Skip to comments.
Golisano leaving New York to escape income taxes
The Buffalo News ^
| By Tom Precious
Posted on 05/15/2009 3:56:37 PM PDT by fhayek
Golisano leaving New York to escape income taxes Says he’s paying $13,000 a day
ALBANY — Ending any speculation about another possible run for governor, Rochester businessman and Sabres owner B. Thomas Golisano said Thursday he will be moving his legal residence to Florida to escape New York state taxes.
Golisano told a gathering of Rochester business executives that he will remain as owner of the Buffalo hockey team, but he is fleeing the Empire State to avoid paying $13,000 a day in state income taxes.
While Golisano said his move will not end his role as outspoken critic of New York state government, it remains uncertain how seriously his cause will be taken at the State Capitol as a resident of the Town of Naples, Fla.
(exerpt) read more at http://www.buffalonews.com/cityregion/story/672153.html
(Excerpt) Read more at buffalonews.com ...
TOPICS: Business/Economy; News/Current Events; US: Florida; US: New York
KEYWORDS: golisano; leavingnewyork; nomorehightaxes
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61-69 next last
I wonder if Governor Paterson will joke about this departure like he did when Rush Limbaugh left.
1
posted on
05/15/2009 3:56:37 PM PDT
by
fhayek
To: fhayek
Any income he derives from the Sabres will be taxable by NY State...unless I'm mistaken
To: fhayek
Sometimes to get the politicians attention you have to take away the money they think is all theirs.
3
posted on
05/15/2009 3:59:56 PM PDT
by
handy old one
(It is unbecoming for young men to utter maxims. Aristotle)
To: fhayek
$13k a day? This guy needs a new tax planner. Perhaps Tim Geithner could help.
4
posted on
05/15/2009 4:00:36 PM PDT
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money.)
To: fhayek
DAMN!!!
Just what Florida DOESN’T need is another rich yankee!
5
posted on
05/15/2009 4:00:53 PM PDT
by
Mr. Jazzy
(No greater friend, no worse enemy -The United States Marine Corps.)
To: fhayek
Killing the goose, part ???
6
posted on
05/15/2009 4:01:01 PM PDT
by
truthguy
(Good intentions are not enough!)
To: fhayek
B. Thomas Golisano going Gault on a Naples gulf beach house?
LOL NY suckers!
7
posted on
05/15/2009 4:01:12 PM PDT
by
sausageseller
(http://coolblue.typepad.com/the_cool_blue_blog/)
To: Gay State Conservative
You are probably right. He may end up selling it all before it’s over!
To: Mr. Jazzy
It must really create a vacuum to have rich people moving in. Maybe you’d rather have some of our Yankee dregs.
9
posted on
05/15/2009 4:03:06 PM PDT
by
Past Your Eyes
(When the going gets tough, Democrats switch sides.)
To: Mr. Jazzy
BS. That is what is keeping your state afloat. Don’t knock it.
10
posted on
05/15/2009 4:03:21 PM PDT
by
fish hawk
(The trouble with Socialism is that you eventually run out of other peoples money.)
To: Gay State Conservative
Any income he derives from the Sabres will be taxable by NY State...unless I'm mistaken You don't really think the "Sabres" make any money, do you?
11
posted on
05/15/2009 4:03:23 PM PDT
by
sausageseller
(http://coolblue.typepad.com/the_cool_blue_blog/)
To: Gay State Conservative
"Any income he derives from the Sabres will be taxable by NY State" Probably true, but why pay double?
12
posted on
05/15/2009 4:03:55 PM PDT
by
NoGrayZone
(The beauty of the 2nd amendment is that it will not be needed until they try to take it. T.J.)
To: fhayek
This is going to get really interesting. And instructional, well, at least for liberals who are about to discover Ayn Rand.
13
posted on
05/15/2009 4:04:28 PM PDT
by
raptor29
To: fhayek
I hope so. I hope he holds a press conferene every time his tax base shrinks.
14
posted on
05/15/2009 4:05:27 PM PDT
by
americanophile
(There's science, logic, reason; there's thought verified by experience & then there's California)
To: Oldeconomybuyer
$13,000 a day is, of course, off the hook. But if some lesser millionaire could even save $2,000 a month in income taxes, they could, in effect get a free house by moving to Florida and applying that $2,000 to a mortgage.
15
posted on
05/15/2009 4:05:34 PM PDT
by
fhayek
To: neverdem
California also had Republican politicians moving away.
16
posted on
05/15/2009 4:06:00 PM PDT
by
Clintonfatigued
(The McCain/Palin ticket was like a Kangaroo, stronger on the bottom than at the top)
To: Mr. Jazzy
Oh really?
So property taxes. Purchases in upscale stores, etc. is not welcome in Florida?
17
posted on
05/15/2009 4:06:35 PM PDT
by
Carley
(OBAMA IS A MALEVOLENT FORCE IN THE WORLD)
To: raptor29
How much longer are the people of New York going to continue funding the sewer called NYC?
18
posted on
05/15/2009 4:06:43 PM PDT
by
rocksblues
(Sarah and Joe, Real Americans!)
To: Gay State Conservative
Did you miss the part that says, “business man” and Sabres owner”. I don't know this dude but I'd be willing to bet that the Sabres part is a very small part of his income. Most of sports team owners didn't get rich by owning the team but bought the team because they are already rich.
19
posted on
05/15/2009 4:06:51 PM PDT
by
fish hawk
(The trouble with Socialism is that you eventually run out of other peoples money.)
To: fhayek
20
posted on
05/15/2009 4:07:07 PM PDT
by
GOP Poet
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61-69 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson