WNBA Star Kelsey Plum Shows Embarrassing Lack Of Tax Knowledge

You would think she might be employing a financial professional who could explain this stuff to her.

In a recent interview, Plum explained why she decided to sign for $999,999, instead of $1 million. She said it’s because of California’s tax rate. She claimed that if she had signed for $1 million, it would’ve cost her $13,000. There’s a 13 percent marginal tax rate on people who make $1 million and more in California.

Wow. How can she not have an financial advisor, even if she gets her taxes done at H&R Block they would explain it to her.

This is the first real story I have read on this.
But twitter is full of morons who agree with her

There are many people who don’t understand marginal tax rates.

I mean, yeah she is dumb.

But it’s just a dollar.

Less than that after taxes. :slight_smile:

She’ll learn a bit more when it is time to file her California income tax.