It is not a "small" amount. Many times is can amount to upwards of a million dollars depending on salary. You clearly stated the following:
So again, the assertion is incorrect but you can try to backtrack any which way you would like.
and hes saying its unavoidable that u must pay taxes on those away games in like 47 other states. if its unavoidable then its irrelevant. its not a factor. might as well be a sunk cost, u cant get rid of it regardless of where u actually reside. it was a stupid point for him to hinge on.
Agreed, he is undoubtedly paying less state income tax in the state of Florida, but it isn't as simple as saying he is paying none. More than likely, he is probably paying approximately 5% less in state income tax living in florida. That results in approximately $1.2M salary difference.
It's always the regular *** peasant *** idealistic sports fans placing much loftier expectations on athletes than they do for themselves.
"He should just take less money!! Don't you care about WINNING? Look what we did for him!"Man, **** that. How about you kiss my ***. HUGEpet peeve of mine.
Hometown discount.Go ask your boss for a raise, _.
upwards of a million in taxes to visit.... compared to multiple millons in taxes from actually living in those other states. HMMMMMMMMMMMMMMMMMM decisions decisions.
Honestly dog, I don't really read your posts like that. I just skim through all them ***** because I know it's usually some huff. Don't take it personal though, that was my little rant for the day. You're not the only one out there who thinks that way.u just sound like u dont look out for those who looked out for you to me. and i swear to God, if i have to explain this "taking less money" thing again...
It's always the regular *** peasant *** idealistic sports fans placing much loftier expectations on athletes than they do for themselves.
"He should just take less money!! Don't you care about WINNING? Look what we did for him!" Man, **** that. How about you kiss my ***. HUGE pet peeve of mine.
Hometown discount.Go ask your boss for a raise, _.
what? they play ~40% of their games on the road. so according to you he will have to pay state tax on 40% of his income. the other 60% doesn't require state tax since it comes from florida (numbers are off cuz it doesnt factor in playing in states also with no state tax) and that only yields a 5% difference in taxes paid? 60% not being taxed yields 5% less paid in taxes?
Like I said, the highest state rates usually hover around 10%. So say he goes to a place with a 10% state tax, on $24M he would typically pay approximately $2.4M in state tax + whatever state tax he pays elsewhere, but in most states you get a credit for taxes paid to other states so that tax stays at about $2.4M. So we are basically talking about approximately $1.2M vs. $2.4 million dollars a year. I am not saying that is not a large amount of money, I am just saying he shouldn't take a huge paycut because of the $1M difference in state taxes there.
u shouldnt get flamed for wanting to see a team do better. i just question why theyre building up the space jam monstars for a starting 5 lol
Most state rates range from 5-12% so yes, it would only make about a 5% figure. I can't give you the exact amount without actually doing his return, but other states are not taxing at a federal rate of 39.6%.
what? they play ~40% of their games on the road. so according to you he will have to pay state tax on 40% of his income. the other 60% doesn't require state tax since it comes from florida (numbers are off cuz it doesnt factor in playing in states also with no state tax) and that only yields a 5% difference in net income? 60% not being taxed yields 5% less paid in taxes?
makes 0 sense to me how basically 60% of your income essentially falls off the taxable amount, and u only save 5% in what u pay anyway.
im not the only one who thinks what way? u read posters names before reading the post? i dont take anything here personal. its a forum, nobody should be out here getting their feelings hurt unless u like goldstreet capital or that e-something something dude with the basketball story lol
I just explained it, it is called a tax credit for taxes paid to other states. This is usually a dollar for dollar credit meaning 1 dollar of tax paid in one state results in 1 less dollar of tax paid in another state. Again, I am not saying it doesn't make a difference because it clearly does, but it isn't like a 10% difference like everyone claims. Sometimes it is less than a couple % depending of the state tax rate in the state. States like California that have a really high tax rate, it would result in about 5-6% difference in net tax home pay.
theyre equal in opportunity. who has seen julius randle's endorsement? who even knows what company gave swaggy 0 a deal? who is robert sacre? an endorsement deal nobody knows about is ****.
But it is still cash..........who gives a **** about whether or not people know about it.
jesus christ looks like these dudes are getting ready to go to a funeral
because more cash comes from endorsement deals that people actually see. whoever endorsed randle aint giving them money that they gave whoever is the face of the company. would u rather have 1 big deal with adidas or 5 small deals with companies people may or may not know about and have little to no exposure?
