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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 Anthony60 View Post
    Yes, it is kind of stupid how they do it. They take in all the lottery money, then make a portion available for winnings, then take more from that portion that they made available from the winners. I guess they think it will attract to more players if the jackpot is $300M instead of $150M?
    Absolutely - and it's a regressive tax because it disproportionately hits the poor and lower income people who think hitting it rich is their only hope.
    "Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." William F. Buckley Jr.

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

    Quote Originally Posted by PirateMk1 View Post
    Players in the NFL and people of all walks of life earn what they negotiate. Some are better negotiators than others.
    And/or have higher valued skill sets.
    "Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." William F. Buckley Jr.

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

    Quote Originally Posted by upsideguy View Post
    Are you serious? He earned $97,000 for playing in the game and got a free truck, which was worth another 35-40K. Sorry you are outraged, but you pay tax on income in this country. When you have a big tax bill, it means you got paid a lot of money. We should all like seeing $60,000 due for taxes at the bottom of our tax return.

    Its time to grow up (and lay off the political porn --- look at the headline, it was designed simply to get your blood pressure up, without ever having the pretense of actually educating you, as apparently it did not). Save your outrage for truly troubling things.
    97,000 plus 40,000 equals 137,000. The taxes are 60,000 which equals a take home by Brady of 77,000. So the government gets half basically. I don't consider that fair or reasonable. The Mafia takes less of a cut for their protection money rackets and provides better service.
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    Re: Tom Brady owes the IRS over 60 grand for winning Super Bowl.

    Quote Originally Posted by sawdust View Post
    I don't feel sorry for Brady, and you're right, he makes millions playing a game. I understand the need for taxes but taking such a high percentage of earnings to pay for a bloated federal bureaucracy isn't something I can support.
    And yet whenever it comes time to announce cuts to said federal bureaucracy, people only support cuts to programs they don't like. Whatever. If you were sincere (and let's face it, you're not) you'd support across the board spending cuts.
    Trump Attacked A Syrian Airfield. Trump will be a one-term president.

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

    Quote Originally Posted by CanadaJohn View Post
    And/or have higher valued skill sets.
    Everyone still has to negotiate the money they get. Perceived value is part of that negotiation. Perception and reality are as we all know not necessarily the same thing.
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    Re: Tom Brady owes the IRS over 60 grand for winning Super Bowl.

    Quote Originally Posted by sawdust View Post
    Honestly Joe, it's exactly how it works in the real world fro quarterbacks to hamburger flippers. The more value you create for a business, the more you're worth and paid. TV contracts help establish salary caps for pro football teams so it's a good example of trickle down.
    The NFL is also a socialist organization.
    Trump Attacked A Syrian Airfield. Trump will be a one-term president.

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

    Quote Originally Posted by PirateMk1 View Post
    97,000 plus 40,000 equals 137,000. The taxes are 60,000 which equals a take home by Brady of 77,000. So the government gets half basically. I don't consider that fair or reasonable. The Mafia takes less of a cut for their protection money rackets and provides better service.
    Considering that's the rate of tax on income in addition to the $millions he gets in salary, it's the going rate for gouging the top 1% in order to fund the needs of the collective - don't you listen to your President and leading Democrats?
    "Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." William F. Buckley Jr.

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

    Quote Originally Posted by Anthony60 View Post
    Well, that's just a generic, basic statement.

    Can they serve us without going into (putting us into) Trillions of dollars of debt? Of course they can, but they won't. Because they get support from those on the left, and even some that are kind of on the right, to spend, spend, spend.
    One could make as much of a blanket statement about the right seeking to perpetually underfund government.
    "The side that stays within its fortifications is beaten." ~Napoleon

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

    Quote Originally Posted by Unrepresented View Post
    They're all down in the poorer communities to prevent them from raiding the rich communities.
    No, they're down in the poor communities because they are robbing and killing each other.

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

    Quote Originally Posted by Henrin View Post
    No, they're down in the poor communities because they are robbing and killing each other.
    The wealthy and powerful have devised government to discourage attacks on worthwhile targets and encourage attacks on more acceptable ones.
    "The side that stays within its fortifications is beaten." ~Napoleon

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