Miami Attorney Bob Arnold Quoted in Worth Magazine
Online, November 15, 2010 (Newswire.com) - The article was about LeBron James' move to "South Beach", as he put it, to join the Miami Heat as part of the Heat's Big Three. The gist of the article was to demonstrate that James, although taking a bit less in salary than he was offered in other cities, actually made out quite nicely in his choice to join the Miami Heat.
"One of the things that will impact LeBron's bottom line is Florida's lack of a state income tax," said Arnold. "As a season ticket holder to the Miami Heat, I am excited about the legitimate chance we now have at a Championship. At the end of the day, that's really what drives competitors. It's never only a financial decision."
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Tags: Florida Income Tax, LeBron James, Worth Magazine