Previous Thread
Next Thread
Print Thread
Page 2 of 2 1 2
Joined: Nov 2008
Posts: 14,428
O
Legend
Offline
Legend
O
Joined: Nov 2008
Posts: 14,428
Originally Posted By: DeputyDawg
Originally Posted By: Versatile Dog
13.3%---------Damn! crazy


And $5.00 for a gallon of gas. I lived there for a couple of years and just don't know how people did it.


I live here now, and I don't know how I do it...


"FIALURE IS NOT AN OPTION...!"

-mac
Joined: Mar 2013
Posts: 18,204
C
~
Legend
Offline
~
Legend
C
Joined: Mar 2013
Posts: 18,204
Originally Posted By: WSU Willie
Originally Posted By: Milk Man
Originally Posted By: Tulsa
He also just went from a Massachusetts income tax of 5.1% to a California income tax of 13.3%.


He can have his wealth manager/attorney setup an incomplete gift, non-grantor trust in a state like Nevada or Delaware and slash his exposure to California's state income tax significantly.

It's a trendy practice among the wealthy to shield yourself from high state income taxes.


He won't be able to shield his earned income under any scheme. Investment income? Sure. Not earned income tho.


Players are taxed based on where the games are played, not just where their home team is located. They have to pay income taxes at the rates set by states and localities on away games too. Unfortunately this means JG still has 10 games in Cali, but they do have two games in Washington, which has no income tax.

Joined: Jan 2017
Posts: 2,350
H
Dawg Talker
Offline
Dawg Talker
H
Joined: Jan 2017
Posts: 2,350
I would want to play for Jacksonville, then.

No state income tax in FL, TN, and TX - 10 games a year.

Joined: Mar 2013
Posts: 20,017
M
Legend
Offline
Legend
M
Joined: Mar 2013
Posts: 20,017
Originally Posted By: Hammer
I would want to play for Jacksonville, then.

No state income tax in FL, TN, and TX - 10 games a year.


Potentially one/two more based on your record (playing Miami) and NFC division rotations (Dallas and Tampa).


At DT, context and meaning are a scarecrow kicking at moving goalposts.
Joined: Sep 2006
Posts: 17,475
E
Legend
Offline
Legend
E
Joined: Sep 2006
Posts: 17,475
Saw that Scotsdale AZ area just doubled in population over the last year.

California is losing their Middle and Upper Middle class.
Just poor and Multi Millionaires will be able to live there soon. Texas, Arizona and Nevada getting a lot of addition.

jmho


Defense wins championships. Watson play your butt off!
Go Browns!
CHRIST HAS RISEN!

GM Strong! & Stay safe everyone!
Page 2 of 2 1 2
DawgTalkers.net Forums DawgTalk Pure Football Forum Jimmy Garoppolo gets $74 million guaranteed

Link Copied to Clipboard
Powered by UBB.threads™ PHP Forum Software 7.7.5