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Posts: 152
In response to
"
USA Today says Dwight Howard to Houston.
"
by
David
Have they figured out yet that he actually makes more money there over the next 4 years -- nm
Posted by
stewie (aka whysoserious)
Jul 5 '13, 15:14
(No message)
Responses:
I'm surprised all pro athletes don't choose Texas, Florida, Washington and Tennessee as their landing spots. -- nm
-
David
Jul 5, 15:18
30
Because it is Texas and Tennessee. Florida and Washington are OK -- nm
-
amoxy
Jul 5, 15:40
1
How much time have you spent in Floribama? -- nm
-
ty97
Jul 5, 15:41
True, it helps some. Yet most states have a special law that taxes the player for being in that state for a game -- nm
-
Truman
Jul 5, 15:31
6
41 games you aren't though. So that is where you gain. -- nm
-
Bacon
Jul 5, 15:39
5
True, though some cities do have their own income tax you might pay too
-
Truman
Jul 5, 15:42
4
Yes but the state has one too right? I don't know of any city that has one in a state that doesn't
-
Bacon
Jul 5, 15:49
3
AFAIK this is correct. None of the cities in 'no income tax' states have city income tax. -- nm
-
ty97
Jul 5, 15:51
2
I got something right! *drops the keyboard and mouse, and just walks away* -- nm
-
Bacon
Jul 5, 15:52
1
And in 12 hours you will be correct again. 12 hours after that too. :) -- nm
-
ty97
Jul 5, 15:55
I agree. It just makes fiscal sense if you are in that income bracket and you can choose. -- nm
-
Bacon
Jul 5, 15:29
20
You could say that for any job, in theory. Most job/living decisions go beyond single factor analysis though.
-
ty97
Jul 5, 15:31
19
To a point. But I could move somewhere with no income tax but if the cost of living is higher then I lose. -- nm
-
Bacon
Jul 5, 15:38
18
Quality/satisfaction of the job matters. Quality of living (not just cost wise) in the area matters.
-
ty97
Jul 5, 15:40
17
I look at it this way. When your NBA career is over, then you move to where you want. If I could retire at 40 with 200 million dollars?SIGN ME UP
-
Bacon
Jul 5, 15:45
16
If you could retire at 40 with 180 million dollars and 3 rings rather than playing for a team with a 50% winning percentage....
-
ty97
Jul 5, 15:47
9
Houston is a better chance to win as well and there is no income tax. Win Win -- nm
-
Bacon
Jul 5, 15:48
8
But at every player can play for Houston. (also, have you been to Houston?) -- nm
-
ty97
Jul 5, 15:49
7
I have not been to Houston but I hear it's the armpit of Texas. Which goes to prove my point. Live in a crappy place to make more
-
Bacon
Jul 5, 15:50
6
So live the prime of your life in a place you may despise in order to make 200 million instead of 180 million?
-
ty97
Jul 5, 15:52
5
houston sounds like it has amazing, diverse food and a great arts scene....nm
-
x
Jul 5, 16:07
I don't think I would despise any city with an NBA franchise. Okay, wait. Indiana Pacers. That place would be brutal. So no way on that place -- nm
-
Bacon
Jul 5, 15:55
3
I am speaking theoretically, of course, of someone weight two options.
-
ty97
Jul 5, 15:58
2
I will say this. I don't think I could live in NY so there is that. I am not a big city guy. I get claustrophobia -- nm
-
Bacon
Jul 5, 16:02
1
I am not making an argument for any specific place.
-
ty97
Jul 5, 16:08
Pick the worst place in the country. Everyone here would live there for 200 million dollars. Well not the dumb people with principles.
-
Bacon
Jul 5, 15:46
5
Just remember it's not 200 million vs 0. It's 200 million vs 90-95% of 200 million.
-
ty97
Jul 5, 15:48
4
California has a Millionares tax that really digs into that much harder than what you are saying -- nm
-
Bacon
Jul 5, 15:49
3
CA has a graduate system where the income over $1 million is taxed at 10.30% for an effective rate of roughly 10%.
-
ty97
Jul 5, 15:54
2
Then you also have to compare sales taxes I would guess. He's going to spend a lot. -- nm
-
Bacon
Jul 5, 15:55
1
Sure, and property taxes too. But those are probably a smaller differential.
-
ty97
Jul 5, 15:59
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