Welcome to Day 2 of NBA Free Agency, when we will learn how the lack of state income taxes could have an impact on Carmelo Anthony’s future.
A day after being feted by the Chicago Bulls, Anthony will visit the Dallas Mavericks and Houston Rockets today. If he signs with either team, he will not have to pay any state income taxes because Texas does not levy them.
New York? Oh yeah.Not only is there a state income tax, but there is a city income tax for residents of the five boroughs. California? Yup. And not only is there a state income tax, there is a millionaire’s tax that makes the NBA’s luxury taxes look tame by comparison.
You can bet your bottom dollar that both the Rockets and Mavs will make sure this is made known to Anthony, and you can bet your other bottom dollar that the Mavs will point out the fact that they can give Anthony a max salary, whereas the Rockets and Bulls cannot.
Plenty more on the Melo situation along with lots of other news from the first day of NBA free agency in this interview with The Fan Morning Show on WHFS in Tampa, Florida.
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