
By choosing Miami Heat, LeBron James saves millions in state income taxes
When he announced his intent to sign a contract with the Miami Heat, LeBron James stressed winning championships, not cutting his taxes.
Even so, Florida economic boosters pounced on James’ decision as an opportunity to tout the state’s lack of an income tax.
"Make no mistake, LeBron James is as large as any corporation moving to our area," said Kelly Smallridge, president of the Business Development Board of Palm Beach County.
Smallridge noted that James will save millions over the life of the five-year contract he’s expected to sign.
James entertained pitches from teams in six states. Five of those states – Illinois, Ohio, New York, New Jersey and California – impose income taxes. The highest rates on individuals in 2010 range from 3 percent in Illinois to 10.55 percent in California, according to the Tax Foundation.
If James signs a deal totaling $96 million over five years, his state income taxes would range from nothing with the Heat to nearly $2.9 million with the Chicago Bulls, roughly $8.6 million with the New York Knicks or New Jersey Nets and $10 million with the Los Angeles Clippers.
And those bills could increase if tax-strapped states raise their income tax rates. But an income tax in Florida is a near impossibility in the next five years.
Don’t forget city income taxes. Cleveland has a 2 percent income tax on top of Ohio’s income tax, while New York City’s income tax tops out at 3.65 percent.
"We think that’s why so many millionaires move to Florida," said Edie Ousley, spokeswoman for the Florida Chamber of Commerce.
http://www.palmbeachpost.com/money/by-choosing-miami-heat-lebron-james-saves-millions-794079.html
GOD I LOVE FLORIDA!
Actually, this "hate the rich’ attitude is just too frequent. If someone finds a way to make money, what right have you to rob them ? Just because they have more than you ? That’s UnAmerican.
The real issue is that those that move to lower income tax states are doing so mainly obviously to avoid paying more of thier money out. But only those still making money do it. If your going to ‘hate the rich’ effectively, or get people to supposedly ‘pay thier fair share’, there are many of the rich whom don’t make all that much money through conventional means.
Take a look at the Aspen institute and the mean spirit toward Obama and the idea of taxing those with money but not making money and are rich.
Obama’s time is coming, choose which side of the fence you are on wisely.
Old people will have to pay more of thier dividends to the government as taxes increase form 15% to 40%
The responsible people earning a living will have to spend more on Obama care even though we were promised it wouldn’t increase our premiums. Not to mention this whole move the government has been making to eventually make insurance agencies insolvent and force them out of business.
1.Mike is arrested at a warehouse in North Industrial Park and arrested for burglary and larceny. A government prosecutor present the matter to a Grand Jury and it issues charges against Mike in a formal document . This document is known as
a. an inquisition.
b. an indictment.
c. an arraignment.
d. an information.
2.The police arrest Lou, who confesses to a crime. Later, Lou refutes the confession and demands a trial, at which witnesses testify they saw him commit the crime. Lou is convicted and sentenced. The U.S. Constitution provides safeguards against all of the following except
a. punishment.
b. not being allowed to question witnesses.
c. self-incrimination.
d. deprivations of life or liberty without due process of law.
3.Sandy, a businessperson, is convicted of RICO offenses. Sandy’s penalties may include
a. dissolution or divestiture of his business, but not his imprisonment.
b. his imprisonment, but not dissolution or divestiture of his business.
c. dissolution or divestiture of her business, and his imprisonment.
d. divestiture of his business, but not its dissolution or his imprisonment.
4.Metro City Center is an area of tourist attractions in Metro City. The Center’s director, under the city’s authority, issues a rule to require street performers to obtain permits. The Center cites Nobby, a magician, for performing without a permit. Under the principles discussed in "A Sample Court Case," Berger v. City of Seattle, the Center most likely acted
a. reasonably in the circumstances and under the law.
b. reasonably in citing Nobby but not in issuing the rule.
c. reasonably in issuing the rule but not in citing Nobby.
d. in violation of Nobby’s rights under the First Amendment.
5.Steele Tool Company’s decision makers view a particular risk in the use of Steele’s product as open and obvious. They believe that because the risk is obvious, consumers are already taking steps to avoid it and that adding a warning could result in lower sales that would necessitate layoffs of employees. Thus, in the managers’ view, the warning would not benefit consumers but could have a serious negative impact on Steele’s employees. Continuing to market the product without telling consumers of the risk could be justified from a perspective of
a. rights-based ethics.
b. Kantian ethics.
c. utilitarian ethics.
d. duty-based ethics.
6.Uniform laws apply in all states, including those in which the laws have not been adopted.
a. True
b. False
7.Uniform laws apply in all states, including those in which the laws have not been adopted.
a. True
b. False
8.Every state has adopted the Uniform Commercial Code in some form.
a. True
b. False
9.Judges use precedent when deciding a case in a common law legal system.
a. True
b. False
10.Equity is a branch of law that seeks to primarily supply equitable remedies when monetary damages are not adequate to make the claimant whole.
a. True
b. False
11.To Pete, the written law of a particular society at a particular time is most significant. Pete is
a. a person who adheres to the natural law tradition.
b. a legal realist.
c. a legal positivist.
d. a legal rationalist.
12.Voters in North Carolina approve a new state constitution, after which the Ocean City Council passes new ordinances, the North Carolina Department of Parks and Recreation issues new rules, and the Ocean City Chamber of Commerce sends out new instructions. Sources of law do not include
a. rules issued by the North Carolina Department of Parks and Recreation.
b. instructions issued by the Ocean City Chamber of Commerce.
c. ordinances passed by the Ocean City Council.
d. state constitutions passed by popular vote.
13.A state trial court has before it Eagle Manufacturing Co. v. Fine Products Corp., a case with no binding authority. The court can
a. postpone deciding Eagle indefinitely.
b. not refuse to decide the Eagle case.
c. refuse to decide Eagle.
d. postpone deciding Eagle until there is binding authority
14.Metro City Center is an area of tourist attractions in Metro City. The Center’s director, under the city’s authority, issues a rule to require street performers to obtain permits. The Center cites Nobby, a magician, for performing without a permit. Under the principles discussed in "A Sample Court Case," Berger v. City of Seattle, the Center most likely acted
a. reasonably in the circumstances and under the law.
b. reasonably in citing Nobby but not in issuing the rule.
c. reasonably in issuing the rule but not in citing Nobby.
d. in violation of Nobby’s rights under the First Amendment.
15.Acting in good faith gives a business firm a better chance of defending its actions in court.
a. True
b. False
16.One guideline to evaluating the ethics of a particular action is to "let your conscienc
1) c
2)
ok i make jewelry and im really good. but im between 11- 14 and i want to start business and my mom said its ok so what do people look in online businesses? thank you!
To see how people are going to respond to your product,
try it out for free here: http://www.listia.com/?r=104277
This site gives things away for free, and the exposure
to see how the public will respond to your product is priceless.
Have your mom sign up because I believe that you need to be 18 to join.
Post some of your jewelry pieces and see how it goes.
Sign up with your company name so it don’t sound too childish,
and you are in business. Click on my pic (redbarchettadrive), (because I will favorite you) after you sign up and you can see what I am giving away for FREE! Jewelry, Cell Phones, & Silver Coins…. Check it out. —–> http://www.listia.com/?r=104277 Good Luck Kaylee!
By choosing Miami Heat, LeBron James saves millions in state income taxes
When he announced his intent to sign a contract with the Miami Heat, LeBron James stressed winning championships, not cutting his taxes.
Even so, Florida economic boosters pounced on James’ decision as an opportunity to tout the state’s lack of an income tax.
"Make no mistake, LeBron James is as large as any corporation moving to our area," said Kelly Smallridge, president of the Business Development Board of Palm Beach County.
Smallridge noted that James will save millions over the life of the five-year contract he’s expected to sign.
James entertained pitches from teams in six states. Five of those states – Illinois, Ohio, New York, New Jersey and California – impose income taxes. The highest rates on individuals in 2010 range from 3 percent in Illinois to 10.55 percent in California, according to the Tax Foundation.
If James signs a deal totaling $96 million over five years, his state income taxes would range from nothing with the Heat to nearly $2.9 million with the Chicago Bulls, roughly $8.6 million with the New York Knicks or New Jersey Nets and $10 million with the Los Angeles Clippers.
And those bills could increase if tax-strapped states raise their income tax rates. But an income tax in Florida is a near impossibility in the next five years.
Don’t forget city income taxes. Cleveland has a 2 percent income tax on top of Ohio’s income tax, while New York City’s income tax tops out at 3.65 percent.
"We think that’s why so many millionaires move to Florida," said Edie Ousley, spokeswoman for the Florida Chamber of Commerce.
http://www.palmbeachpost.com/money/by-choosing-miami-heat-lebron-james-saves-millions-794079.html
God bless Florida!
D.R., East-Coast Elite – I’m here in Miami, Fl my thermosat for my air condtioning says 68 deg. I feel cool and comfy, how do you feel?
Lebron – was seen hanging out here yesterday!
http://www.youtube.com/watch?v=fKcTQb9ifhM&feature=player_embedded
Not only will they NOT move there… But they will FLEE those states in MASS.
I would like to work for a big company like apple or open a spa resort(me being the owner) I need to know what degree would be most helpful. PLEASE I only want to hear from people that have majored in business.
Accounting since the others aren’t all that useful.
This is long, but worth the read; Pass these odds on to others, too!
I know some people who have left already while others are waiting until they can smell oil, or no smell(methane gas) before deciding. To my way of thinking, it’s not too early to be looking for bug-out land up north – just in case. If the well continues spewing into winter, the odds of mandatory movement go up – and better me thinks to go on your own accord and by your own plans than a mass-packaged solution.
As long as we’re on it, a fair number of people have written in, in hushed conspiratorial tones – wondering whether the "George, does this Gulf spill lead to the government setting up REX-84 FEMA camps?"
Maybe. In the event of a higher level of global conflict, it’s possible. More likely, though, seems to me is that there’s a legitimate role for government to try and provide some level of housing, etc for disaster victims after events like the developing Gulf disaster.
Let’s do a mental exercise here: Say you have a family of four and no prospects, no income, and so on, and the smell of oil shows up.
Questions is: Is the federal government expected to provide some basic level of food & housing for disaster victims? I think so…unless I’ve got political winds judged all wrong.
Follow-up question: Based on what we saw in KatRita, would you trust your family’s fate to just a Wild West kind of tent/camper enclosed encampment, (I’ve seen that future of crowded families, don’t know which way is up or out, their lost in their own senses.) Or, would you rather
duke it out on the streets of a strange northern city in the middle of winter? Gangs, druggies, zombies, and maybe even local police who missed the Chamber of Commerce welcome training?
You see where this goes? On the one hand, government could actually have plans in its back pocket for resettlement centers and such, but whether they’d be prison camps — or simply be best efforts to help people — may depend on how your meds are holding out and if you listen to fear mongering.
Whether people will ever arrive at such possible future government ‘assistance centers’ from the Gulf Oil disaster, WW III, or terrorist attacks can be debated all day long. The further question is "Would such facilities be properly classed "prison camps" or would they be more along the lines of the CCC Camps of the last Depression?"
Then let’s ask if there aren’t political interests who raise money for opposition republicorp candidates (then then go promptly to the same corporate trough) by trying to whip up all kinds of fears about political enemies lists, and so on, in order to bolster their own agenda? Of course!
Figuring out where markets are going seems a better pursuit, since "He who pays the piper calls the tune." Such pursuits may sound base if downright immoral to some, but as a Cuban-American friend of mine taught me years ago: "We don’t have any problems revenue can’t fix…"
It’s -always- a good time to leave the Gulf Coast area. I know, I live on it. There’s really nothing here at all, and all the waters west of the Mississippi River are full of sewage (even before the BP disaster and the severe hurricanes five or so years ago).
Trust me, humans are not meant to live here. Marshes aren’t fun, floods aren’t fun, 100% humidity isn’t fun, and mosquitoes aren’t fun.
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http://www.articlesbase.com/affiliate-programs-articles/roadmap-to-your-success-business-affiliate-marketing-promotion-internet-online-with-advertising-affiliate-marketing-program-132879.html
Can Anyone suggest me some nice domain name for it, Pleas help me i this I want people to think and give answer.
clubsocialmarketing
In order to succeed in your Network Marketing Business, you must develop the mindset of a leader. 98% of the people who start a home-based business wind up quitting after a few months because they put too much emphasis on being a follower. The ability to positioning yourself as a leader is the one thing that makes the difference between success and failure.
Why are you struggling with your business? It is not because the products you represent are not good. It is not because people have less spendable income than they did a year ago. It is not because you are not cut out to succeed. It is simply because you have not figured out how to get yourself into the driver’s seat!
How many times have you been instructed to do 3-way calling with your upline? It looks really good on paper, right? Unfortunately, all this tactic does is position your upline as a leader instead of you. It helps them grow their business, but you are left looking like someone who is sitting in the passenger’s seat.
Needless to say, you must stop doing 3-way calls with your upline! Even if you may not be as comfortable moving your products as you think you should be, no one but you has to know that. You are the CEO of your network marketing business. Recruiting people who are under the assumption that someone else is an expert will teach them that they will not have to be an expert either.
Another way to put yourself in the driver’s seat is to stop begging for business. People can sense when you are desperate, and that is looked upon as a sign of weakness. Leaders never sound desperate for anything. The minute that a person thinks you need them, it is all over. They do not want to be in a network marketing business with someone who can not stand on their own.
I know it may be difficult since you really do need to pay your rent, but shifting the focus off money and aiming it toward helping people is what will catapult your business into orbit. You have the upper hand here, so use it. Let people know that you are considering them to join your network marketing business instead of trying to persuade them.
To be successful in our network marketing business remember to always be confident, in yourself and in anyone you talk to. Your attitude needs to be self-assured because you know the value of what you offer. You hold the keys to an exclusive club, and you have to power to admit only the best qualified people. Always hold your head up high.
When you do not think you can succeed, it comes across in the way you talk to people and your body language as well. Who wants to be in your network marketing business with you if you do not think you are going to be successful? Remember this phrase: fake it until you make it. That does not mean be a fake person, but have the confidence that you will reach your goals before you actually experience the success.
Understanding your capacity to improve people’s lives by mentoring them is another important factor of being a leader. Be aware of the struggles your prospects faces every day, and his or her options for improving their situation. The changes posed by a changing economy and diminishing job market may not affect you, but it affects the people looking to work from home who are fed up with working for corporate America.
You actually have more at stake than the person you are mentoring. Realize that you are taking the responsibility to develop their business and work alongside them until they can do it. Their success is your success. Do not do their work for them, but show them how to do it for themselves. Successful leaders do not babysit, they mentor.
Putting yourself in the driver’s seat of your network marketing business requires the mindset of a leader. Leaders offer prospects a chance to take charge of their future, to develop self-confidence, and to become free for once in their lives. Instead of asking who you can convince, ask who is qualified to work with you.
You hold the keys to a better future, for yourself and for everyone you care about. With proper network marketing education, you can learn how to get prospects calling you on daily basis begging you to take them into your network marketing business. The days of chasing down existing customers and prospects sitting on the fence will be gone for good. Trust me, I know.
I spent over 10 years handing out flyers, talking to people in parking lots, hanging signs and alienating my friends and family members. It wasn’t until I learned How To Put Myself In The Driver’s Seat Of My Network Marketing Business that I began to succeed. The only thing that changed was my way of thinking.
William Winch
http://www.articlesbase.com/home-business-articles/how-to-put-yourself-in-the-drivers-seat-of-your-network-marketing-business-746391.html