Wednesday, February 06, 2008

Derek Jeter's Tax Evasion

Basically, Derek Jeter, you disappoint me. You work for the NY Yankees, you have an apartment in Manhattan, and yet you claim to be a Florida resident so that you can avoid paying NY state income taxes (Florida has no state income tax). You've been the face of the NY Yankees franchise since 1996, yet you have the audacity to call Florida your home. This is a classic example of the rich finding ways to skirt around the laws, getting away with things only the rich can do, like having an off-season home in an income tax free state. I understand that the article says that the NY tax officials and Jeter reached a settlement, but that just means that they made a secret deal to smooth things over; they can't tell us the terms of the settlement because they say it's a privacy issue. I feel the public has a right to know.

As the article points out, Jeter makes well over $11-14 million dollars per year, strictly in pay from the Yankees, and not including his various endorsements. Jeter spends the bulk of his season in NY, taking advantage of infrastructure, sanitation services, and many more things that New Yorkers pay for with their taxes. Considering that New York, which has the country's biggest media presence, has played a major role in Jeter's national popularity, doesn't he owe it to the city and state to pay his taxes there? I hope that whatever settlement was reached, Jeter is paying up for his missing NY taxes. Frankly, I wouldn't mind if Florida taxes him either; I'm sure a lot of other people are getting away with the same thing. Maybe they can just make a state income tax on anyone making over $1 million per year. That ought to slow down such undercutting of the law in other states, give Florida some extra income, and not irritate too many Florida tax payers.

1 comment:

Anonymous said...

DEREK JETER IS A FEDERAL CRIMINAL WHO SHOULD BE BEHIND BARS. LET'S HOPE THAT HE BREAKS ALL THE BONES IN HIS UGLY AGING BODY AND WE NEVER SEE HIM AGAIN. HE WILL NOT EVEN MAKE THE SAN QUENTIN BASEBALL TEAM WHERE HE BELONGS.