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Thread: New Jersey Taxes Could Eat Up All Of Peyton Manning's Super Bowl Earnings

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    Re: New Jersey Taxes Could Eat Up All Of Peyton Manning's Super Bowl Earnings

    Quote Originally Posted by Erod View Post
    New Jersey Taxes Could Eat Up All Of Peyton Manning's Super Bowl Earnings - Forbes



    Peyton Manning had better win Sunday, or he'll have to write a check to New Jersey. And the dude doesn't even live there. LOL
    So? You pay taxes where you reside and you also are suppose to pay taxes in states you made income.

    Based on the math there's nothing wrong with it. It's based on his yearly income and duty days. There are 200 duty days in the season (if he plays next year) for 2014. He spent 7 out the of the 200 duty days working in New Jersey. That's why it's 7/200 times his yearly salary times the income tax rate and not just his bonus for playing the game. Every state does that.
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    Re: New Jersey Taxes Could Eat Up All Of Peyton Manning's Super Bowl Earnings

    If you read the article carefully, you'll see that headline implication is deceptive.

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    Re: New Jersey Taxes Could Eat Up All Of Peyton Manning's Super Bowl Earnings

    Quote Originally Posted by Erod View Post
    So where's your outrage for Hillary/Obama over Benghazi?

    Oh, never mind.
    Congrats on finding a way to incorporate Benghazi into the Super Bowl and New Jersey tax code. Gotta love the old Benghazi argument, especially when talking about the economy. Next you should incorporate Obamacare into foreign policy talk.
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    Re: New Jersey Taxes Could Eat Up All Of Peyton Manning's Super Bowl Earnings

    Quote Originally Posted by iliveonramen View Post
    So? You pay taxes where you reside and you also are suppose to pay taxes in states you made income.

    Based on the math there's nothing wrong with it. It's based on his yearly income and duty days. There are 200 duty days in the season (if he plays next year) for 2014. He spent 7 out the of the 200 duty days working in New Jersey. That's why it's 7/200 times his yearly salary times the income tax rate and not just his bonus for playing the game. Every state does that.
    You have to pretend he didn't make any other money in the state for it to make sense.

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    Re: New Jersey Taxes Could Eat Up All Of Peyton Manning's Super Bowl Earnings

    Quote Originally Posted by Your Star View Post
    No, didn't say that. I'm just saying I'm not getting outraged by this, because no one is dying from this.
    So, before you speak out against stupid tax laws, someone has to DIE?

    Just...WOW!!
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    Re: New Jersey Taxes Could Eat Up All Of Peyton Manning's Super Bowl Earnings

    Quote Originally Posted by Erod View Post
    New Jersey Taxes Could Eat Up All Of Peyton Manning's Super Bowl Earnings - Forbes



    Peyton Manning had better win Sunday, or he'll have to write a check to New Jersey. And the dude doesn't even live there. LOL
    While this is an exaggeration of the taxes Manning has to pay, the idea that he has to pay anything to a state he doesn't live in is ludicrous and should be illegal.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: New Jersey Taxes Could Eat Up All Of Peyton Manning's Super Bowl Earnings

    Quote Originally Posted by Erod View Post
    New Jersey Taxes Could Eat Up All Of Peyton Manning's Super Bowl Earnings - Forbes



    Peyton Manning had better win Sunday, or he'll have to write a check to New Jersey. And the dude doesn't even live there. LOL
    That's not how income taxes work.

    Basically, forbes is counting his next years income as being taxed because of the Super Bowl.
    Last edited by Deuce; 01-29-14 at 04:08 PM.
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    Re: New Jersey Taxes Could Eat Up All Of Peyton Manning's Super Bowl Earnings

    Quote Originally Posted by Dittohead not! View Post
    While this is an exaggeration of the taxes Manning has to pay, the idea that he has to pay anything to a state he doesn't live in is ludicrous and should be illegal.
    He's earning income in that state, though.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: New Jersey Taxes Could Eat Up All Of Peyton Manning's Super Bowl Earnings

    Quote Originally Posted by Dittohead not! View Post
    While this is an exaggeration of the taxes Manning has to pay, the idea that he has to pay anything to a state he doesn't live in is ludicrous and should be illegal.
    Suddenly "states rights" go under the bus
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    Re: New Jersey Taxes Could Eat Up All Of Peyton Manning's Super Bowl Earnings

    Another smooth move by Christie.
    Quote Originally Posted by Erod View Post
    Typical liberal. It's OK to steal more than 100 percent of his income since he already has a lot of money.
    Wonder what the waterfront payoff was to the NFL for bringing this game to the state of the MOB .
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