Not saying it was higher, but surprising that's it's in the top 10. In propriety tax VT is 5th highest. Jersey is first. Damn
I don't think this is as big a deal as it's being made out to be: Tennessee has no income tax and a whole lot lower cost of living than most-- and how many rings do the Titans have to show for it?
I only came back in here because I’m disgusted this even got to 3 pages??? We must be bored with real Jets news
Considering that Florida has no state income tax why would Hill need to pay $459k in state income tax living in Miami? Does this possibly reference state taxes incurred in other states at away games? Can you supply a link to your source?
Hind-sight being 20/20, I sure wish I purchased an empty lot a few years back when I could've afforded it. Id be able to sell my house and take that $ to build a brand new one and be mortgage free.... shoulda, coulda, woulda....
Speaking of trades we should be thrilled that we didn’t make, remember when a few people here wanted to trade for Russell Wilson?
I can only think of two major free agents that turned a team from an also-ran into a Super Bowl team. Tom Brady and Reggie White. There have been a number of free agents that joined a team already Super Bowl ready and took them over the top but guys who made the difference themselves are very few in number.
Yes and I also thought that was a bad idea. But it’s a little bit too early to declare Russell Wilson some sort of sunk cost. He’s played four games and he’s a first ballot Hall of Famer. Let’s see if he settles in out there.
NJ income tax brackets: 1.4%, 1.75%, 2.45%, 3.5%, 5.525%, 6.37%, 8.97%, 10.75% Which bracket would Tyreek with his $100M contract fall into? If you guessed 10.75%, pick up your door prize. Add in another 3.5-4% depending upon which NJ city he calls home. Then slap on another 8% sales tax on anything he buys with what he has left over. Between Fed (48.5%) NJ 10.75% NJ City tax (3.5%) Tyreek can kiss over 60% of his signing bonus (plus game checks) goodby. Then another 8% sales tax when he buys anything. I dunno. After handing the irs $48,500,000 I wouldn't be in a hurry to hand NJ another 10-15 million.
The problem is he wasn’t good last year and showed physical signs of a decline. That, plus the amount Denver gave up for him, plus the contract they handed him makes this a complete flop unless he can magically reverse age by 2 years.
Decline I’ll give you. Wasn’t good! Dude cmon. Top ten in passer rating/QBR, over 4:1 TD:INT and more. He was good, he just wasn’t as good as he’s been.
meh I mean when the TD number is 25 that’s not as impressive as it seems. Like yes that’s good but the offense was also awful, he had his lowest yardage total, ypg and completion percentage in four years. Definitely a decline and “good” in a Chad Pennington sense. And no one was giving up anything for him let alone what it would have cost to get Russ
seems to be 2 lines of discussion here. No way to tell if Wilson trade was good at this point so I won't bother to join. But paying NJ tax! Well, I lived in NY for most of my life and worked for a multinational with headquarters in NY and satellite offices throughout the US. If you grew up or moved into the tri state area (NY,NJ, CONN) when you were relatively young, you knew there was no escaping taxes and you just made the tradeoff of good job for higher taxes. I mean you really had no choice, although I did work with some folks who commuted daily from Pennsylvania. But my company realized that attracting employees from out of the area to take a headquarters job required some cost of living adjustment. It did figure into people's decisions even when their choice was quite limited, advance your career or kind of stay stuck. Now a top notch football player with many choices....no doubt they take tax into consideration. They all probably have financial advisors. Team loyalty went out the window a long time ago. Its all about the money. However, its hard to lower the tax burden on playing for the Jets by choosing a state to live in outside the tri state area. You could have a legal residence in florida and as long as you spend more than half the year outside NJ or NY (training is in NY) you would lessen you tax bill considerably. But you are in camp or playing from july through december, plus maybe part of january plus some other times when the team has stuff going on. SO very hard to be out of area more than 6 months.
Yet, you would be subject to NJ State 10.5% Capital Gains Tax on top of the Fed 15 to 20% Cap Gains (dependent on your income). Will the last one leaving New Jersey please turn off the lights...
