bucs90
Gold Member
- Feb 25, 2010
- 26,545
- 6,028
- 280
Any sports fans notice how liberal tax policies are affecting the NBA? Yep. Lebron James, the current mega-star of the NBA, is shopping for a new team to play for. He'll make millions anywhere, but Jersey and Miami are selling him on the lower taxes ploy. Reportedly, in a 5 year deal, he'll bank an extra $15 million just from saved taxes by playing for Miami instead of NY.
NOW, apply the NBA/James situation to a state trying to lure a big-name company with 5,000 good jobs to their state. Wouldn't it help if they had lower taxes?
Now, this isn't a sports thread, it's a political tax policy thread using a sports star as an analogy. James is gonna go where he has the best opportunity to succeed and get paid. The tax issue is a big one, since Florida has no income tax, neither does Texas, and Jersey's are lower or soon-to-be lower under Chris Christie.
Here in South Carolina we just went through the business equivalent of the above. Boeing was planning a massive new facility to build Dreamliners. The city of Charleston was trying to lure them here away from their traditional home of Seattle. Seattle is far left, union heavy, tax heavy. Boeing considered both fronts. And guess what? Charleston won. Yep. Boeing is coming, with 5,000 HIGH paying jobs. Why? South Carolina is non-union state, and has far lower taxes. The good liberal folks in Seattle ran comic strips trashing South Carolina, calling us rednecks, making fun of our culture. They were pissed. But guess what? 5,000 of our folks will be working on those jobs because we have non-union work conditions, and lower corporate taxes. Hence, Charleston and the SC coast are among the top 40 fastest growing areas in America, even in this economy, while places like Illinois, California, New York, New Jersey, and yes, Seattle, are going broke in crisis.
Wake up folks. Liberalism is a suicide pact.
NOW, apply the NBA/James situation to a state trying to lure a big-name company with 5,000 good jobs to their state. Wouldn't it help if they had lower taxes?
Now, this isn't a sports thread, it's a political tax policy thread using a sports star as an analogy. James is gonna go where he has the best opportunity to succeed and get paid. The tax issue is a big one, since Florida has no income tax, neither does Texas, and Jersey's are lower or soon-to-be lower under Chris Christie.
Here in South Carolina we just went through the business equivalent of the above. Boeing was planning a massive new facility to build Dreamliners. The city of Charleston was trying to lure them here away from their traditional home of Seattle. Seattle is far left, union heavy, tax heavy. Boeing considered both fronts. And guess what? Charleston won. Yep. Boeing is coming, with 5,000 HIGH paying jobs. Why? South Carolina is non-union state, and has far lower taxes. The good liberal folks in Seattle ran comic strips trashing South Carolina, calling us rednecks, making fun of our culture. They were pissed. But guess what? 5,000 of our folks will be working on those jobs because we have non-union work conditions, and lower corporate taxes. Hence, Charleston and the SC coast are among the top 40 fastest growing areas in America, even in this economy, while places like Illinois, California, New York, New Jersey, and yes, Seattle, are going broke in crisis.
Wake up folks. Liberalism is a suicide pact.