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Hayward meeting with Miami

Brett Preston @b_preston
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1h
Replying to @DJJazzyJody and @ScottAgness
Danny has to fit Gordon's meeting around the three hours of church. Heard he invited Gordon to the linger longer
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All the Mormons - or former Mo's should laugh at this one. Jello salad, snickerdoodles and root beer for Hay and the Mrs.
 
cowhide said:
Hayward would be foolish to go to Miami. The only good thing about Florida is no state taxes. The way the Heat organization treated Wade is enough to not consider them.
Their fans are bandwagon fans. They don't support their team like the Jazz fans do.
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Not totally correct. Brian Windhorst broke this down the other day saying is was a myth around the league.

Players pay tax in the states they play in... If a player plays for Miami but plays against NY in NY then they owe income tax to that state. Overall it would still be less tax paid but the idea of 'no income tax' is wrong according to Windhorst.
 
elan_prodigy said:
Not totally correct. Brian Windhorst broke this down the other day saying is was a myth around the league.

Players pay tax in the states they play in... If a player plays for Miami but plays against NY in NY then they owe income tax to that state. Overall it would still be less tax paid but the idea of 'no income tax' is wrong according to Windhorst.
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In Utah, he pays income tax on all games played in Utah at his Utah tax rate. That is 41 home games. In Miami half of his games are now tax free. Thats a pretty significant chunk of money. A *rough* guess is that on $20M per year he pays about $500K of Utah income tax since only half of that income is derived from games in Utah.


Personally, I don't think $500K really makes that much of a difference in the decision making process.
 
Years ago one of the local newspapers (desnews or sltrib) did a lengthy piece about players taxes using Matt Harpring's taxes and accountants as the example. It was a peek behind the curtain to see the business side of the entertainment industry.

Matt had an accounting firm hired to track and file his taxes in two countries, 26 states and 30 different cities.

Every city had its own way of taxing performers, most even have special tax rules for sports.

Anyway I think players income tax is a lazy talking point that talking heads use to fill airtime. Because it is not accurate unless they account for 1/2 the salary being taxed by other jurisdictions, and adjust for local property taxes, sales tax, licenses, and fees.

Additionally, the lazy storyline also assumes the player is price sensitive to taxes but not price sensitive to other costs of living such as housing, transportation or energy costs. And it fails to account for qualitative factors that influence all of us.
 
fishonjazz said:
Just plain beautiful.
Best part of American Idol was seeing what she was wearing, how she did her hair, and how she did her makeup. Very rarely disappointed. Almost always on point.
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[MENTION=631]ONE LOVE[/MENTION]... get outta Fishon's account.
 
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