Here's a pic of a big-time pro athlete's paystub...

[Ns1]

There were so many zeroes that my brain crashed while trying to read it.

 

[Ichinisan]

Christ, are American paychecks always that complicated?

When I was in employment, IIRC the paycheck basically looked like:

Gross pay
Tax (PAYE - pay as you earn)
National insurance contributions (NHS healthcare in the UK)
Pension contributions
Net pay

Shens. It sounds like you are describing a "paycheque."

 

[mikeymikec]

Shens. It sounds like you are describing a "paycheque."

*blinks*

 

[WaTaGuMp]

There were so many zeroes that my brain crashed while trying to read it.

Thats all that will be left down the road.

 

[Triumph]

LOL! Gotta love good 'ol Pittsburgh, deduction 4 is the Pittsburgh OPT - Occupational PRIVILEGE Tax, you know, since it's such a PRIVILEGE to have a job, that they should tax you on it. Cause it's not enough just to tax you on your job, they have to tax you on the fact that you HAVE a job.

"For general revenue purposes, a tax is hereby levied upon the privilege of engaging in an occupation within the City for each calendar year."

 

[SKORPI0]

What's with the SITW taxes in other states/cities? Florida, Illinois, Missouri, St. Louis (MO), Pennsylvania, Philadelphia, Arizona, Ohio and Cincinnati (OH), etc?
Looks like he is paying tax on every place a game is played. D:

 

[JMapleton]

<insert mayweather's check>

/thread

Mayweather is a little different. He gets paid as a business, not an employee. We don't get to see what he really clears after paying trainers, facilities, accountants, lawyers, promotion, etc.

 

[JulesMaximus]

Christ, are American paychecks always that complicated?

When I was in employment, IIRC the paycheck basically looked like:

Gross pay
Tax (PAYE - pay as you earn)
National insurance contributions (NHS healthcare in the UK)
Pension contributions
Net pay

Imagine what he pays his accountant.

 

[Blackjack200]

Its wrong to have this posted

While very interesting to see, I agree. This is wrong to post/share.

His salary, and the tax rates that he's paying, and the deductions are all pretty much public information. Strictly speaking his 401(k) contribution is not public, but come on, of course he's maxing it.

Is there any information in there that's not public other than that? If there was some kind of garnishment or other non-public info there, I would agree, but I don't really think this is that bad of a leak.

 

[Triumph]

what's the big deal? everyone knows how much players make per year...

https://www.google.com/search?q=mclutcheon+contract&ie=utf-8&oe=utf-8#q=andrew+mccutchen+salary

Right there at the top, 7.25 million. Now divide by 26.

 

[KillerBee]

What's with the SITW taxes in other states/cities? Florida, Illinois, Missouri, St. Louis (MO), Pennsylvania, Philadelphia, Arizona, Ohio and Cincinnati (OH), etc?
Looks like he is paying tax on every place a game is played. D:

That is rediculous ...may be related to how Maryland customers have to pay taxes on Amazon stuff just because we have a warehouse in our state

 

[dr150]

The guy's a MAJOR loser if he ain't doing a ROTH Conversion.

 

[Bock]

He really needs some1 to massage those taxes.

 

[zerocool84]

That is rediculous ...may be related to how Maryland customers have to pay taxes on Amazon stuff just because we have a warehouse in our state

Umm, that's any business, reason why many businesses set up shop in certain states.

 

[Imp]

He got deducted as much as I made in my first job out of college.

 

[KillerBee]

Umm, that's any business, reason why many businesses set up shop in certain states.

no shit ..just amazed they can tax the guy in other states just for playing there even though his paycheck is based in another state?

 

[Ns1]

NEXUS HOW DO YOU WORK AAAAAARGH


Caps

 

[Triumph]

no shit ..just amazed they can tax the guy in other states just for playing there even though his paycheck is based in another state?

I never heard of anyone who travels extensively for work, having to pay taxes in other states that they work in. But on the other hand, most people I talk to don't make $800,000 every two weeks. So there's probably something on the books that says they have to, and its a lot more lucrative to go after the big $$$ than go after joe blow.

On the other hand, when I worked in Virginia but claimed residency in PA, I would pay VA income tax, then claim it as a deduction on my PA tax forms, IIRC. That was 10 years ago. I'm sure his accountant knows how to get a lot of the money back.

 

[Blackjack200]

I never heard of anyone who travels extensively for work, having to pay taxes in other states that they work in. But on the other hand, most people I talk to don't make $800,000 every two weeks. So there's probably something on the books that says they have to, and its a lot more lucrative to go after the big $$$ than go after joe blow.

On the other hand, when I worked in Virginia but claimed residency in PA, I would pay VA income tax, then claim it as a deduction on my PA tax forms, IIRC. That was 10 years ago. I'm sure his accountant knows how to get a lot of the money back.

It's absolutely asinine. Think about it for a second, if we imagine that in the current world of salary capped professional sports teams, each city with a team has the opportunity to tax its players with roughly the same size base, there is no need whatsoever to go after player X playing in MY CITY since your players will play roughly an equal amount of time in his city. So if each city just taxed their own athletes, they should be fine.

This situation is entirely the result of the high profile of professional athletic salaries and indignant assholes and nothing more. I know an executive that makes 8 figures and he jets all over the place. Do you think he pays taxes everywhere his plane lands? Fuck no.

 

[MixMasterTang]

I never heard of anyone who travels extensively for work, having to pay taxes in other states that they work in. But on the other hand, most people I talk to don't make $800,000 every two weeks. So there's probably something on the books that says they have to, and its a lot more lucrative to go after the big $$$ than go after joe blow.

On the other hand, when I worked in Virginia but claimed residency in PA, I would pay VA income tax, then claim it as a deduction on my PA tax forms, IIRC. That was 10 years ago. I'm sure his accountant knows how to get a lot of the money back.

I think it all depends on how much money you make in those places, a co-worker spent 6 weeks throughout a 52 week span in Canada and had to file Canadian taxes on top of his US taxes because he made over 10k in Canada.

 

[JamesV]

You do understand that only the portion of his income in each state is taxed in those states, right? It's not taxing the full amount of his earning in each state.

I've been on contract jobs for other states and part of the contract was to pay those state taxes on the portion earned in their state. Didn't have to pay home state taxes on that money earned there.

There was just something in the paper here the other day about Cleveland losing those pro athlete dollars. In effect, they can no longer tax athletes that play here. Not sure if it is something specific here, or nation wide.

 

[OverVolt]

No wonder they spend like crazy, without commas all I see is tons of money to spend :awe:

654864.23 or something. Yes plz.

 

[norseamd]

Its wrong to have this posted

While very interesting to see, I agree. This is wrong to post/share.

So wait he is evil to share his own personal shit out of his own personal volition?

 

[dainthomas]

No wonder they spend like crazy, without commas all I see is tons of money to spend :awe:

654864.23 or something. Yes plz.

People wonder why guys like that spend like crazy. If my checks looked like that I'd have a McLaren for every day of the week.