Flacco gets Flukked

[JustRalph]

http://www.breitbart.com/Breitbart-Sports/2013/03/07/Flacco-Taxes-Contract


Bend over Joe

Check out the tax liability Flacco will endure

[TJDave]

I don't hear him complaining.

What are you, his pimp? :lol:

[JustRalph]

I don't hear him complaining.

What are you, his pimp? :lol:

Yeah we go way back......

[Stillriledup]

Wow, the "Man" makes more than Joe...next time we list the top QBs in the NFL, we have to list "the man" up there amongst the greats.

:ThmbUp:

[cj's dad]

Joe is set for life

[JustRalph]

Tony Romo New Highest Paid NFL Player After Taxes
Wednesday, April 03, 2013 3:30 PM | Matt Blumenfeld

Texas Further Demonstrates Its Economic Prosperity With No State Income Tax

Over Easter weekend, franchise quarterback Tony Romo signed a 6-year $108 million contract extension to remain with the Dallas Cowboys. While the estimated $18 million per year makes Romo the fifth highest paid player based on salary, he is actually the new highest paid player after taxes in the NFL.

The Cowboys QB now claims the top spot previously held by Drew Brees of the New Orleans Saints because of no state income tax in Texas. With Romo’s income tax burden being 39.6 percent – the top marginal federal income tax rate in the U.S. – and estimated tax liability of $7.12 million, he still stands to earn $752,000 more than Brees.

Romo should serve as an example of why businesses and taxpayers are making the move to Texas. Under Gov. Rick Perry, Texas has continued to thrive and experience economic growth throughout the recession because of its low tax rates and economic competitiveness. While a handful of GOP governors are seeking to eliminate or lower their states’ incomes tax rates, such as Gov. Jindal and Gov. Brownback, more players will want to play in states where they will not feel the greatest tax sting. Some teams might even seek to relocate to one of these states.

For illustrative purposes, the tax rates mentioned apply only to his contract salary and does not take into account his bonuses, endorsements, other sources of viable income, or structure of contract.

[Marshall Bennett]

Wish the Astros could be an example. :ThmbDown:

[Zydeco]

Media blasted Mickelson a few weeks ago because he said he might move to Fla. to avoid some Cali. state taxes. Obviously athletes do consider tax implications.

[LottaKash]

Media blasted Mickelson a few weeks ago because he said he might move to Fla. to avoid some Cali. state taxes. Obviously athletes do consider tax implications.
x

The "Media"....:lol:

[cj's dad]

I'm pretty sure that Joe is getting 50+ million in his pocket as we speak. No one - repeat NO ONE in the NFL has a guaranteed contract beyond the up front $$$