
Raiders want to move to Las Vegas — income taxes a factor?
The Oakland Raiders are actively courting Las Vegas as their new home — and vice versa. But one factor has not been mentioned in the articles I’ve read on this NFL romance. State taxes.
Because of our sky-high 13.3% California millionaires’ income tax, California teams are at an increasing disadvantage with ALL the other states — especially the income tax free states. Los Angeles and San Francisco teams can offset that disadvantage — both regions offer national media attention — and nationalendorsements.Stephen Curry, Blake Griffin and Chris Paul are fine examples of the big endorsement opportunities awaiting California media center athletes. Indeed, they might make more moola from endorsements than they do from their sports salaries!
The pro teams in the secondary CA markets — especially Oakland, Sacramento and San Diego —… Read More