Another similarity, LeBron and President Obama share the same financial adviser, Warren Buffett:
While Buffett’s appreciation of baseball is well known, he is also a basketball fan.
Earlier this week, in a telephone interview with NBA-TV, Buffett talked about his friendship with the Cleveland Cavalier’s LeBron James. (To mark James’ 24th birthday, the network did 24 hours of LeBron James coverage, giving you an idea just how important he is in the basketball world.)
Buffett talks about James’ business “instinct” and how he knew what he was doing about financial matters at “an early age.”
Buffett praises James for not being “silly” on spending and “having his head screwed on right.”
But there’s one issue I disagree with Neil on. LeBron is no Barack Obama, as LeBron seems to really not care about paying “his fair share”:
If LeBron James goes to the Miami Heat instead of the Knicks, blame our dysfunctional lawmakers in Albany, who have saddled top-earning New Yorkers with the highest state and city income taxes in the nation, soon to be 12.85 percent on top of the IRS bite. There is no state income tax in Florida.
And from Daily Finance:
Did saving $25 million in taxes fuel LeBron James’ Miami Heat pick?
To quote from Warren Buffett, Lebron has “his head screwed on right” and chose to take his talents to a low-tax state.





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