John Kasich and LeBron James

Discussion in 'Sports' started by Kevin_Kennedy, Jul 8, 2010.

  1. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Tonight LeBron James is supposed to announce which team he will sign to, and word is that he may choose not to re-sign with the Cleveland Cavaliers and choose the Miami Heat instead. A big reason for this rumor is that Florida has no state income tax, and that is an important factor when you will be forced to pay $5.69 million in taxes if he remains with the Cavs.

    LeBronomics: Could High Taxes Influence James' Team Decision?

    How this relates to Ohio Republican Gubernatorial candidate John Kasich is because Kasich has said that if elected he will attempt to get rid of the state income tax. If LeBron leaves the Cavs for the Heat then I think that could become quite a talking point for Kasich on the campaign trail, especially here in Northeast Ohio where LeBron is extremely popular to us Cavs fans. And Ted Strickland, the sitting Governor of Ohio, has been attacking Kasich on his plan to get rid of the state income tax. This could honestly become a huge campaign issue if LeBron goes to Miami. It'll be interesting to see how it plays out.
     
  2. xotoxi
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    xotoxi Platinum Member

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    Holy shit!

    All this time, I thought that his FIRST name was James!!!
     
  3. Greenbeard
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    Greenbeard Gold Member

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    Yeah, if he goes to Miami clearly the decision is about the income tax situation, not Wade and Bosh.
     
  4. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Massachusetts had a voter referendum in 2008 to eliminate the income tax and 70% of voters voted to keep it. That's one example as to why I moved away. People in that state are stuck on stupid.
     
  5. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    It's foolish to think the money isn't a factor, but I'm sure it's not the only one. Who the fuck wants to live in Cleveland after all?
     
  6. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    I'm not saying the income tax is the only reason, but it's certainly part of it.
     
  7. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    He lives in Akron.
     
  8. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Well now that LeBron is going to Miami, land of no state income tax, it will be interesting to see if Kasich tries to turn this into a positive for his stance on eliminating Ohio's income tax.
     
  9. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Is that supposed to be an improvement? :lol:
     
  10. kwc57
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    kwc57 BOHICA Obama

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    I've never understood all the hoohah over states with "no state income tax". I've worked in financial institution data processing for 30+ years. One companyy I worked for did savings and loan processing and we had "no state income tax" Texas institutions as customers. It is true, there is no income tax. However, for things like mortgage loans, the escrow side of the loan had a laundry list of agencies and departments that got a piece of the action on your loan. One that I remember was the state railroad commission. My point is this. A lot of "no state income tax" is merely smoke and mirrors. The state has to have income to function and they are going to get it out of you one way or another. Here in Oklahoma where we do have state income tax, the escrow on our mortgages is fairly simple and doesn't contain the laundry list Texas does. Texas still collects from you, just not thru an income tax........but it is still money out of your pocket.
     

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