Lebron James Tax Holiday?

posted by jalinski on Jul 11, 2010

From the Wall Street Journal: “We come not to praise or bury LeBron James, but only to note that by moving to Miami he’s going to save a bundle on taxes. We’ll take the King of ESPN’s word that he’s jumping to the Miami Heat from the Cleveland Cavaliers mainly for basketball reasons, but it is also true that Florida has no income tax. The rate in Akron, Ohio is a little over 7%.”

Click on this link for more of the story: http://online.wsj.com/article/SB10001424052748704075604575357232023445918.html?mod=WSJ_newsreel_opinion

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