WiggyRuss
Well-Known Member
well....like i said on the other page....say you play for the Clippers---- you of course have your 41 home games in Cali, but also road games in San Fran, "road games" for the Lakers, and Kings. So about 60% of your games in California which has a 12.3% top marginal rate. So about 7-8% after adjustments. After federal tax, agent fees, etc....its a pretty significant chunk of change.Now that you cant deduct state income taxes paid from your federal taxes. The teams in Florida and Texas get a big leg up, neither has a state income tax.
Top rate in California is 12%, NY and NJ 9% vs 0% isnt a small thing.
You pay the state income taxes where the games are played, so half your income is taxed in the states where you play road games. But, with a 100 million dollar payroll those teams can stick about 5ish million dollars more in players pockets.