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Who are you rooting for this Divisional Round This poll is closed. |
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| Cincinnati Bengals |
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46 | 29.30% |
| Green Bay Packers |
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29 | 18.47% |
| San Francisco 49'ers |
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27 | 17.20% |
| Tennessee Titans |
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15 | 9.55% |
| Stan the T-Rex to Escape The Rock's Possession |
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40 | 25.48% |
| Total: | 157 votes | ||
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This guy doesn't understand how tax brackets work.
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Jan 24, 2022 15:59
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| # ? May 5, 2024 03:24 |
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The actual tax rate isn't terribly far off from that number though. Punching 750k into a tax calculator, it looks like between federal, California, and Social Security/Medicare taxes, he's paying $336k on 750k: 44.82%.
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Jan 24, 2022 16:04
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Not to mention whatever cut his agent takes.
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Jan 24, 2022 16:13
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Also Beckham was paid 15 million dollars by the browns in 2021, so any tax bracket but the highest isn't super relevant when talking about his income from the Rams.
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Jan 24, 2022 16:24
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top marginal rates with california taxes for 1099 contractors is going to be close to 50%. most tv people and athletes are paying the top marginal rates for everything because the vast majority of their money is in the top marginal bracket. as posted above, beckham hit that bracket long before he earned dollar one from the rams. this is also why most of them skew republican, because they're the only people talking about taxing them in particular at a lower rate and no one should ever be surprised if any actor, athlete, or other celebrity has long since drank the right's kool aid because they are legitimately paying a high tax rate. in a progressive system that treated all income as income and didn't give corporation incentive to designate everyone as a contractor, the 'celebrity' tax bracket would have an effective rate closer to 33% or lower rather than 43-50% or so. instead we have a system where their employer is allowed to dump a shitload of taxes they should rightly pay onto the laborer all the while saying "it's the government's fault."
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Jan 24, 2022 16:58
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I just like laughing at Bitcoin, let me have that.
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Jan 24, 2022 17:02
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Shimrra Jamaane posted:I just like laughing at Bitcoin, let me have that. please do.
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Jan 24, 2022 18:07
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| # ? May 5, 2024 03:24 |
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OperaMouse posted:This guy doesn't understand how tax brackets work. he's already made enough money this year that any income from the Rams deal is going to be taxed at the top marginal rate but yeah the guy probably does not understand tax brackets, he just lucked in to the right answer
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Jan 28, 2022 16:31
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