Pro athletes won’t pay income tax in Nevada
By Adam Candee, Las Vegas Sun
The arrival of the Vegas Golden Knights this year and the Raiders in three years will excite local sports fans, but the players might feel equally giddy about the prospect of calling Nevada home.
As one of seven states that does not tax personal income, Nevada offers an attractive bonus for the hockey and football players.
The Raiders in particular will see a major change in tax liability — California imposes a 13.3 percent income tax on earnings over $1 million, and 24 players on the team’s roster will make at least that much this season. Even rookies making the NFL minimum of $465,000 face a state tax rate of at least 10.3 percent.
