More reasons to turn the Bobcats into a Playoff team

Remember when I outlined my cost-effective plan to turn the lowly Bobcats into an exciting, up-and-coming playoff contender in one year? And remember how part of the beauty of that plan is that you can make a play for Chris Paul in 2013-14 because you've got promising young talent, and Paul is from North Carolina, and having Sterling for a boss probably leaves a bad taste in his mouth?

Well, today I ran across something that would give Paul even more incentive to leave L.A.:

"A ballot initiative this November would give California a whopping 13.3 percent top marginal rate for state income taxes."

Source.

So, perhaps Michael Jordan should follow my cost-effective plan to draft a bunch of cheap-but-very-effective players, and also throw some money at supporting that ballot initiative.  Given that Paul is likely to get a payday of $18-$20 million, that tax rate would be a really good incentive to get the hell out of California. North Carolina, I believe, has only a 6.5% marginal tax rate. That's more than $1 million difference in the first year alone, enough to counter-act the fact that L.A. can offer higher yearly raises than other teams.

Loading...