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

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

    New Jersey Taxes Could Eat Up All Of Peyton Manning's Super Bowl Earnings - Forbes

    If 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!
    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

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

    State rights, the NFL could have refused to play the Super Bowl in such states. This tax is a sort of high roller version 'hotel/motel' tax most cities levy on visitors. (sort of runs against the incentive to bring more revenue in from out of state folks but what the hell, not the first time now is it?)

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

    I'm sure he'll have major problems feeding his family because of these taxes.
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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
    I'm sure he'll have major problems feeding his family because of these taxes.
    Typical liberal. It's OK to steal more than 100 percent of his income since he already has a lot of money.

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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
    If true, should he go?

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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
    I'm sure he'll have major problems feeding his family because of these taxes.
    In other words, screw that evil rich bastard.

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

    Wow, what a tax code we have. State and Federal.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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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
    Typical liberal. It's OK to steal more than 100 percent of his income since he already has a lot of money.
    No, didn't say that. I'm just saying I'm not getting outraged by this, because no one is dying from this.
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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 where's your outrage for Hillary/Obama over Benghazi?

    Oh, never mind.

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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
    Typical liberal. It's OK to steal more than 100 percent of his income since he already has a lot of money.
    More CON crap! The tax isn't on 100% of his income but on less than 9% of his annual salary. What the article you cited doesn't say is quite a few states use this tax, not just for the Super Bowl, and not an 'all of a sudden' tax.

    That ring means FAR more to him than the tax, perhaps that is why he is so focused and successful a player.

    But do whine on....

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