Rumor has it that in professional basketball, Miami is likely to get free agent stars LeBron James, Dwayne Wade, and Chris Bosh. And Chicago, which (as in the Olympics sweepstakes) had been dubbed the front runner, will be left holding the bag. What has Miami got that Chicago doesn’t?
Well, besides year-round livable weather, it has lower taxes–much lower. Chicago’s Cook County has the highest tax rate in the nation. Florida has no state income tax, and when you’re making tens of millions in income, that adds up pretty fast.
Chicago fans might be inclined to blame team management or the players themselves for this disappointment. But the fact is, the decision may have been simply a matter of dollars and sense.
About Stan Guthrie
Stan Guthrie is an editor at large for Christianity Today magazine and for the Chuck Colson Center for Christian Worldview. His latest book is God's Story in 66 Verses. He also is author of All that Jesus Asks: How His Questions Can Teach and Transform Us, Missions in the Third Millennium: 21 Key Trends for the 21st Century, and A Concise Guide to Bible Prophecy. He is co-author of The Sacrament of Evangelism. Besides authoring, writing, and editing books, Stan is a literary agent, bringing together good authors, good books, and good publishers.
Stan writes the monthly Priorities colum for BreakPoint.org. He has appeared on National Public Radio's Tell Me More, WGN's Milt Rosenberg program, and many Christian shows, including The Eric Metaxas Show and Moody Radio's New Day Florida. A licensed minister and an inspirational speaker, he served as moderator for the Christian Book Expo panel discussion, Does the God of Christianity Exist, and What Difference Does It Make?
