Lots of reporting today about pitcher Cliff Lee’s decision to leave $30 million on the table to return to Philadelphia, bypassing offers from Texas and New York. Good for him. For some people, enough is enough, when other issues come into play — including family quality of life.
And here’s another angle worth cheering Lee: New York Times notes Lee could have had a lower income tax rate had he chosen Texas, which has none, over Philadelphia, where the state will nick him for days he works in state. It mentions in passing that, as an Arkansas resident, he’s subject to a 7 percent income tax. Not for Lee a move to Texas or Florida as a number of wealthy tycoons (think Joe Ford and Charles Morgan and many more) and at least one politician, Mike Huckabee, have done to reduce the take on their more than comfortable wealth. OK, I’m also prejudiced because Lee bought an old house in my part of town to call home, rather than going to McMansionville. And he’s given more to charity in the last year than many a prominent local millionaire.