Drew Johnson of the Taxpayers Protection Alliance has a great post about how state and local income tax rates determine winners and losers in the NBA.  Here are some key excerpts:

The NBA operates under a salary cap that not only limits the total amount a team can spend on the combined salaries of all players, but also places a ceiling on the amount that individual players can earn.  As a result, top players with similar years of service in the league make roughly the same salary regardless where they play. S Read all post…

07/02/11 The stories, data, and stocks that may have the greatest impact during the next trading session.

We’re in a historic phase of massive public policy decisions. Yet we can’t focus solely on the impact on the directly affected group of ‘insiders’ (eg, students/public sector workers) and miss the impact on ‘outsiders’ (eg, the general taxpayer) – these things must be about balancing the see-saw …

Today’s public sector strikes are over pension provisions – the government wants to increase contributions from staff, increase the eligible retirement age and change the payout to average salary from final salary, which is likely to have a big impact on retirement income and completely change planned budgets.

Three big teaching unions plus the Public and Commercial Services union will strike, leaving many schools, immigration and job centres understaffed or closed and likely cause widespread national disruption.  It appears the str

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