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[QUOTE="Jim, post: 3124466, member: 1492"] The reason Greenwich, CT became a haven for the rich is that it is just over the state line near NYC. People would commute into NYC 20 or so miles away, work in the city, then go back home to CT and avoid paying the NY taxes. Then NY changed their rule to apply the state taxes where the income is earned, not the state of residence. There would not be much difference if, say, the Knicks players had their residence in Greenwich versus some white-collar worker. There was a big stink about it when the rule just came out, but other states (like Massachusetts) do it too. So now pro players hire management companies to deal with the taxes and accounting while they focus on playing the game. [/QUOTE]
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