That’s the old Thomas Jefferson quote that President Reagan used – brilliant because Jefferson was the first Democrat!Â
Anyway, Sports Illustrated had a great article some time ago about big cities (like NY, Cleveland, San Francisco) enacting very progressive income tax rates to capture revenue from MLB players making huge amounts of income while in their [...]
2 comments November 16 2007 | Russ | Discussion
Jeter will probably have to pay taxes on his Yankee income for the reasons John stated. He may already be paying NY taxes on that income. What NY State wants though is tax revenue on the endorsement income, which is more than his Yankee salary. That’s the income that Jeter claims does not originate in [...]
0 comments November 16 2007 | Joe | Discussion
Once again, Derek is lucky in life. His New York State tax story problem will be almost totally buried by the Bonds indictment. The New York Dept of Taxation is very aggressive in this area, and they have a lot of Florida snowbird scalps on the wall to prove it. Derek pays big $ in [...]
0 comments November 16 2007 | John S | Discussion
Lowell is clearly trying to cash in on his last opportunity. I heard that there is no way the Red Sox are going to a fourth year, guaranteed. So, it looks like Lowell may be a Yankee because I believe Lowell holds no loyalty there.
As far as putting him at first, it temporarily solves that [...]
0 comments November 16 2007 | Russ | Discussion
I saw this on the wire reported in the Hartford Current.
Thursday night, Boston’s WBZ-TV reported the Yankees have offered Lowell a four-year deal between $56 million and $60 million, but with the caveat that the Gold Glove winner switch to first base. Lowell turns 34 in February.
Are the Yankees nuts, or just [...]
0 comments November 16 2007 | Joe | Discussion
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