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Thread: Tom Brady owes the IRS over 60 grand for winning Super Bowl.

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    Re: Tom Brady owes the IRS over 60 grand for winning Super Bowl.

    Quote Originally Posted by CRUE CAB View Post
    Life choice. Use that free degree you got to get a JOB.
    Really has nothing to do with a life choice or bad knees. He gets paid that much because it is worth it for them to pay him that money, plain and simple.

    It is interesting to note that teams in the no income tax States have an advantage since the player will keep more of his money, sometimes millions.
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    Re: Tom Brady owes the IRS over 60 grand for winning Super Bowl.

    Fun Fact. The NFL is exempt from federal taxes
    You should try to remember, ideas are conveyed by researching information, vetting sources, and confirming said information. Not by regurgitating talking points given to you by your "news" station.
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    Re: Tom Brady owes the IRS over 60 grand for winning Super Bowl.

    Quote Originally Posted by Anthony60 View Post
    Or, we could just eliminate the tax on winnings, I don't see any reason the government is entitled to someone's winnings. Anyway, this more wages than winnings, wasn't like he won a lottery, he's being paid for what he's done.
    If you and I trade my old lawnmower for your old chainsaw, it is a taxable event. Why is because the government needs money to function. Government employees like to have food to eat too.

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    Re: Tom Brady owes the IRS over 60 grand for winning Super Bowl.

    Quote Originally Posted by iliveonramen View Post
    I'm not sure what the issue is...are you saying his income shouldn't of been taxed? That we create a "Super Bowl" Tax exemption?
    There certainly is a precedent for it.

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    Re: Tom Brady owes the IRS over 60 grand for winning Super Bowl.

    Quote Originally Posted by CRUE CAB View Post
    So basically RG3 owes money back.
    Not really. He's actually been ridiculous cheap for an NFL starting caliber quarterback, and was instrumental in helping propel the Redskins to their first division championship since 1999 and their first rookie of the year since 1975. Griffin's jersey sales in 2012 also set a record, being the most sold in a single year ever. Note that teams get a portion of the Jersey sales. Combine that with Washington increasing the cost of their tickets in 2013 based off the 2012 season, and heavily used RG3 in promoting season tickets, and it would be absolutely reasonable to say...from a financial stand point...Washington has absolutely gotten their money's worth out of their roughly $5 million a year QB.

    Now in terms of value in non-monetary means, such as draft picks, that's a whole other story.
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    Re: Tom Brady owes the IRS over 60 grand for winning Super Bowl.

    Quote Originally Posted by Declan View Post
    If you and I trade my old lawnmower for your old chainsaw, it is a taxable event. Why is because the government needs money to function. Government employees like to have food to eat too.
    So do I, am I entitled to some of their wages/winnings? Things like that event being taxable is why we need to get rid of or seriously cut down the IRS.
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    Re: Tom Brady owes the IRS over 60 grand for winning Super Bowl.

    Quote Originally Posted by Anthony60 View Post
    So do I, am I entitled to some of their wages/winnings? Things like that event being taxable is why we need to get rid of or seriously cut down the IRS.
    Yep, and even more so if you have dependents that you cannot (or will not) support by working.
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    Re: Tom Brady owes the IRS over 60 grand for winning Super Bowl.

    Quote Originally Posted by Henrin View Post
    Being forced to give a percentage of your income to the government is wrong no matter what.
    I'm sorry the regressive taxation you'd prefer is unrealistic and immoral.
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    Re: Tom Brady owes the IRS over 60 grand for winning Super Bowl.

    Quote Originally Posted by Unrepresented View Post
    I'm sorry the regressive taxation you'd prefer is unrealistic and immoral.
    What taxation system do I support again? I was unaware I supported one in the first place.

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    Re: Tom Brady owes the IRS over 60 grand for winning Super Bowl.

    Quote Originally Posted by CRUE CAB View Post
    Drop in the bucket to him.
    Its easy to justify a parasitic tax amount on others
    Quote Originally Posted by jet57 View Post
    Yeah; a shotgun IS a rifle; it uses a different load.

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