Business to Business Marketing

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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