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Been saying it for awhile now..... taxes are an issue

April 27, 2024 09:54AM
Don't think for a second that millionaires don't include taxes and cost of living into their calculations about where to live and work.

I suspect that the time is coming quickly that teams in super high tax states like California, New York, and Illinois are going to say that there needs to be an offset in their cap to account for it.... because the players are going to.... especially the really desirable FAs.

Take that cool over 1/2 mil that is owed in Illinois for every $10 mil in compensation, and now think about Josh Allen's 150 mil.... 15 times that amount. It comes to nearly $8million!! Do that in Miami, Tampa or Jacksonville, and it's a fraction of that.

This isn't judgment, it's just reality.
SubjectAuthorViewsPosted

  A 'Bear" of a Problem...

LoboRam341April 27, 2024 07:40AM

  This needs to be fixed….

Rampage2K-63April 27, 2024 09:22AM

  Re: A 'Bear" of a Problem...

Ekern5543April 27, 2024 09:27AM

  We don't have state taxes in Texas, but..

sstrams41April 27, 2024 09:36AM

  Re: We don't have state taxes in Texas, but..

Old Goat38April 27, 2024 09:40AM

  From what I can tell..

sstrams33April 27, 2024 09:44AM

  Been saying it for awhile now..... taxes are an issue

RockRam31April 27, 2024 09:54AM