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Parking Lot Off-topic chatter pertaining to movies, TV, music, video games, etc.

Pics for Sharing

Parking Lot

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05-17-2013, 09:26 AM

#11

Monkeydad

Living Legend

Join Date: Mar 2006

Location: PA

Age: 46

Posts: 17,460

Re: Pics for Sharing

Quote:

Originally Posted by firstdown

I'm sure at his pay he is paying around 33% tax on his income.

That would ONLY be his Federal Income Tax rate. After state, local, and all other federal taxes on investments, gifts, sales tax, real estate taxes, etc. a pro athlete will be around 60-65% of his income gone in taxes...and he hasn't paid his agent yet.

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