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. LOLIf Manning is able to play next season, his New Jersey income tax would be $46,989 on $92,000 for winning the Super Bowl, or 51.08%. If they lose and he is able to play in 2014, he will pay New Jersey $46,844 on his $46,000, which amounts to a 101.83% tax on his actual Super Bowl earnings in the state—and this does not even consider federal taxes!