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Sturm
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Post subject: Washington State Income Tax & Harvin's Contract  Posted: Tue Mar 12, 2013 9:49 pm |
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Joined: Mon Mar 05, 2007 3:11 pm
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From PFT: Quote: He gets a $12 million signing bonus, paid in full by the end of 2013 in a state that has no income tax. Does anyone know what this means in relation to player's contracts in Seattle vs players in the league that sign with other teams? Examples would help. _________________ 
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Axx
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Post subject: Re: Washington State Income Tax & Harvin's Contract Posted: Tue Mar 12, 2013 9:50 pm |
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Joined: Sun Oct 28, 2012 12:37 pm
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he still has to pay federal income tax doh......
I dont think players care to much about how much they will get taxed honestly. They are workers no "Business owner capitalist".
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Wenhawk
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Post subject: Re: Washington State Income Tax & Harvin's Contract Posted: Tue Mar 12, 2013 10:15 pm |
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Joined: Sat Dec 12, 2009 6:38 am
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Well California has a 10.5% tax on income over 1 Million, so a 10Mil deal in Seattle is better than an 11Mil in SF, Oak, or SD by about 155k
_________________  Beastquake with epic commentary http://www.youtube.com/watch?v=gd_Vd43Vxa0
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therealjohncarlson
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Post subject: Re: Washington State Income Tax & Harvin's Contract Posted: Tue Mar 12, 2013 10:22 pm |
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Joined: Sun May 10, 2009 2:09 pm
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Axx wrote: he still has to pay federal income tax doh......
I dont think players care to much about how much they will get taxed honestly. They are workers no "Business owner capitalist". Why would a player worry a ton about how much his contract pays him and then not worry about how much of it will go towards taxes?
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ivotuk
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Post subject: Re: Washington State Income Tax & Harvin's Contract Posted: Tue Mar 12, 2013 10:25 pm |
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| * NET Nobody * |
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Joined: Sat Mar 03, 2007 7:29 pm
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Axx wrote: he still has to pay federal income tax doh......
I dont think players care to much about how much they will get taxed honestly. They are workers no "Business owner capitalist". Damn them business owner capitalists! You know, the ones that made the money that they pay to the players! Damn them for negotiating a huge TV contract and thereby increasing the amount of money the players get! Those selfish bastages! They are all like Scrooge McDuck! Quack quack quack!  _________________ Joe Vellano, DT, 6'1", 300lbs, 61 tkls 14 TFL, 6 sacks" http://www.youtube.com/watch?v=Nc_yzeVi-eU, Mike Catapano 6'4" 271QB Jordan Rodgers 6'1" 212# 2539 Yards, 60% completion 15td/5int
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pinksheets
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Post subject: Re: Washington State Income Tax & Harvin's Contract Posted: Tue Mar 12, 2013 10:53 pm |
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| NET Veteran |
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Joined: Thu Apr 21, 2011 3:47 pm
Posts: 2621
Location: Seattle
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I think Axx may be taking some early college level courses in perhaps sociology, maybe political theory, delving into a little Marx, and trying to say that the players are the laborers, members of the proletariat, not the bourgeois owners of the means of production. Not sure what that has to do with their personal accounting, though.
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