LeBronomics

So, why did LeBron pick Miami?  Could it be the great beaches?  D-Wade?  And why not New York, the “greatest” city in America?  The spotlight, celebrities, and endorsements are presumably all much bigger in New York.  Let us take a hard look at the economics of the situation.

LeBron’s income tax for a New York contract:  $12.34 million.

LeBron’s income tax for a Miami contract:  $0.

Need I say more?  Could we blame New York’s dysfunctional, tax hungry politicians for LeBron’s flight to Miami?  Maybe just a little bit.

source

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: