Comments on: Lebron James, Wealth, and Taxes - A lesson for State Legislators http://knsfinancial.com/lebron-james-wealth-and-taxes/ Personal Finance From a Biblical Perspective Fri, 03 Feb 2012 21:27:53 +0000 hourly 1 http://wordpress.org/?v= By: George@new driver car insurancehttp://knsfinancial.com/lebron-james-wealth-and-taxes/comment-page-1/#comment-36860 George@new driver car insurance Wed, 28 Sep 2011 11:56:37 +0000 http://knsfinancial.com/?p=1003#comment-36860 Well, so far it doesn't seem that Miami was the perfect choice. Yeah, they were close to win the championship but history only remembers the winners! I hope he will get there in the end, he deserves it! Well, so far it doesn’t seem that Miami was the perfect choice. Yeah, they were close to win the championship but history only remembers the winners! I hope he will get there in the end, he deserves it!

]]> By: Dan@Debt Solutionshttp://knsfinancial.com/lebron-james-wealth-and-taxes/comment-page-1/#comment-14610 Dan@Debt Solutions Tue, 21 Jun 2011 17:48:47 +0000 http://knsfinancial.com/?p=1003#comment-14610 Hey Khaleef, Honestly I am not sure why politicians don't understand this simple principle. It has been proven time and time again, that when you raise taxes to a level that is deemed to be unreasonable, people, especially wealthy people will vote with their feet. When you look at the amount of income tax to the state (not including federal) Lebron would have had to pay in New York vs Florida it is astounding. Sure Lebron can afford it, but I don't care how much money you make, 12 million dollars is a lot of money to give up just to live in a certain area. Look at all of the revenue that Florida is going to gain by having Lebron live there. The parties, the cars, the huge houses. Why is it that some of the few states that are doing well right now, have some of the lowest income tax rates? Maybe there is a lesson to be learned there. :-) Hey Khaleef,
Honestly I am not sure why politicians don’t understand this simple principle. It has been proven time and time again, that when you raise taxes to a level that is deemed to be unreasonable, people, especially wealthy people will vote with their feet. When you look at the amount of income tax to the state (not including federal) Lebron would have had to pay in New York vs Florida it is astounding. Sure Lebron can afford it, but I don’t care how much money you make, 12 million dollars is a lot of money to give up just to live in a certain area.

Look at all of the revenue that Florida is going to gain by having Lebron live there. The parties, the cars, the huge houses. Why is it that some of the few states that are doing well right now, have some of the lowest income tax rates? Maybe there is a lesson to be learned there. :-)

]]> By: Khaleef Crumbleyhttp://knsfinancial.com/lebron-james-wealth-and-taxes/comment-page-1/#comment-2831 Khaleef Crumbley Fri, 17 Dec 2010 00:32:22 +0000 http://knsfinancial.com/?p=1003#comment-2831 I think that soon this will happen on a much larger scale. Everyone thinks that the solution to our financial problems is to tax the rich. However, they are the ones who can easily pick up and go to another country! I think that soon this will happen on a much larger scale. Everyone thinks that the solution to our financial problems is to tax the rich. However, they are the ones who can easily pick up and go to another country!

]]> By: Buckhttp://knsfinancial.com/lebron-james-wealth-and-taxes/comment-page-1/#comment-2801 Buck Wed, 15 Dec 2010 07:54:51 +0000 http://knsfinancial.com/?p=1003#comment-2801 Interesting post. Sports is a business. Although LeBron looked like a fool making his decision by taking his talents to South Beach, nice to see it made financial sense. He's not a total idiot. :) Great point about taxing the super rich. Never saw the negative side effect of losing their wealth potential and jobs. Interesting post. Sports is a business. Although LeBron looked like a fool making his decision by taking his talents to South Beach, nice to see it made financial sense. He’s not a total idiot. :) Great point about taxing the super rich. Never saw the negative side effect of losing their wealth potential and jobs.

]]> By: Tax Carnival #74: Labor Day 2010 « Finance Bloghttp://knsfinancial.com/lebron-james-wealth-and-taxes/comment-page-1/#comment-822 Tax Carnival #74: Labor Day 2010 « Finance Blog Mon, 06 Sep 2010 20:30:05 +0000 http://knsfinancial.com/?p=1003#comment-822 [...] us a lot about taxes from a local, state or federal level," says Khaleef, offering details in Lebron James, Wealth, and Taxes, posted at Faithful With A [...] [...] us a lot about taxes from a local, state or federal level," says Khaleef, offering details in Lebron James, Wealth, and Taxes, posted at Faithful With A [...]

]]> By: Tax Carnival #74: Labor Day 2010 « Finance Law Bloghttp://knsfinancial.com/lebron-james-wealth-and-taxes/comment-page-1/#comment-816 Tax Carnival #74: Labor Day 2010 « Finance Law Blog Mon, 06 Sep 2010 17:49:58 +0000 http://knsfinancial.com/?p=1003#comment-816 [...] us a lot about taxes from a local, state or federal level," says Khaleef, offering details in Lebron James, Wealth, and Taxes, posted at Faithful With A [...] [...] us a lot about taxes from a local, state or federal level," says Khaleef, offering details in Lebron James, Wealth, and Taxes, posted at Faithful With A [...]

]]> By: Tony@Lebron Jameshttp://knsfinancial.com/lebron-james-wealth-and-taxes/comment-page-1/#comment-780 Tony@Lebron James Fri, 03 Sep 2010 19:12:43 +0000 http://knsfinancial.com/?p=1003#comment-780 Can't blame him for going. The tax situation is going to make Lebron's situation much better. Can’t blame him for going. The tax situation is going to make Lebron’s situation much better.

]]> By: Tweets that mention Lebron James, Wealth, and Taxes -- Topsy.comhttp://knsfinancial.com/lebron-james-wealth-and-taxes/comment-page-1/#comment-372 Tweets that mention Lebron James, Wealth, and Taxes -- Topsy.com Fri, 09 Jul 2010 20:07:38 +0000 http://knsfinancial.com/?p=1003#comment-372 [...] This post was mentioned on Twitter by Jo Pastner and Khaleef Crumbley. Khaleef Crumbley said: New blog post: Lebron James, Wealth, and Taxes http://bit.ly/cfVv9e #lebron #taxes #lbj [...] [...] This post was mentioned on Twitter by Jo Pastner and Khaleef Crumbley. Khaleef Crumbley said: New blog post: Lebron James, Wealth, and Taxes http://bit.ly/cfVv9e #lebron #taxes #lbj [...]

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