And pays State and (sometimes) municipal taxes in every town they play in on the road.
He should be putting more into his 401k...
Gubamints sure has come up with all kinds of ways to fleece the flock, ay? Play Ball! Muh butt. Damn.
I suspect it’s why the smart money is all building in counties adjacent to Allegheny — Butler, Westmoreland and Washington — but somebody please confirm, ‘n’at.
He is paying 39.26% in Federal tax. Although the Pease provision will limit his deductions to 20% of his state and local taxes, he will probably still end up paying less than that, unless he has investment income and is allowing for that in his withholding.
No matter how much the tax, the American people always seem pleased that someone else is paying their “fair share”.
Great post, great ballplayer. HOORAY Andrew McCutchen!
Socialism Is Legal Plunder - Frederic Bastiat
It is interesting to note that his Medicare tax has been impacted by the Taxpayer Relief Acct of 2012:
“The Medicare portion (HI) is 1.45% on all earnings. Also, as of January 2013, individuals with earned income of more than $200,000 ($250,000 for married couples filing jointly) pay an additional 0.9 percent in Medicare taxes.”
So he is paying 2.35% instead of 1.45%, and presumably so is his employer.
he’s probably grateful he doesn’t play for Toronto
Obviously the 1% is not paying their fair share
/s