Jock and CEO Taxes - GoFuckYourself.com

KRL · 08-17-2003, 09:15 PM

Reading in this week's Business Week Magazine that twenty states now have special tax laws to nail the incomes of pro athletes and other high income people who earn money when they play or do business in their particular state.

Tim Duncan who led the San Antonio Spurs to the NBA championship, for example, will have to shell out $288,000 to states where he isn't even a resident this year on his $12 Mil salary.

Apparently now, with states looking for every dollar they can, they might start enforcing these special tax collections on CEO's when they travel into a state to do business deals.

DebbieTheCockLover · 08-17-2003, 09:16 PM

What does KRL stand for sweety?

Spunky · 08-17-2003, 09:18 PM

Good for them

Those overpaid bums should give back a little to the people.They should triple it

BRISK · 08-17-2003, 09:19 PM

How do they calculate how much tax they have to pay each state?

KRL · 08-17-2003, 09:20 PM

Quote:

Originally posted by DebbieTheCockLover
What does KRL stand for sweety?

Nothing.

KRL · 08-17-2003, 09:20 PM

Quote:

Originally posted by BRISK
How do they calculate how much tax they have to pay each state?

By the amount of games played in that state.

ryph · 08-17-2003, 09:22 PM

Quote:

Originally posted by spunky1
Good for them Those overpaid bums should give back a little to the people.They should triple it

Overpaid? Maybe in your opinion, but you're not the one writing their checks are ya. This tax is bs.

Juicy D. Links · 08-17-2003, 09:23 PM

Quote:

Originally posted by DebbieTheCockLover
What does KRL stand for sweety?

KRL seduce this babe yo she is cyberflirting with you

KRL · 08-17-2003, 09:24 PM

Pro athletes justify high salaries because they have short careers in most cases, risk injury, and draw lots of eyeballs and eyeballs is what advertisers pay a fortune for.

Snake Doctor · 08-17-2003, 09:25 PM

They've been doing that here in Louisiana for awhile now, and it is bullshit.

The visiting players have to pay LA state income tax on what they make the week they're here to play the Saints.
That would make sense IF the Saints players didn't have to pay state income tax the weeks they played road games, but that isn't the case.

KRL · 08-17-2003, 09:26 PM

Quote:

Originally posted by juicylinks

KRL seduce this babe yo she is cyberflirting with you

I thought DebbieTheCockLover was one of your alternate GFY personas???

I like ya lots Juice but not quite to that level dude.

lexr · 08-18-2003, 12:23 AM

That's just lame. I can understand state taxing my income if the income is derived from within that state (even if I'm a non-resident) but taxing someone's income because they worked temporarily there (but the source of income was not there, it was elsewhere) is just leeching.

And honestly, I don't see anyone in the sports industry as overpaid. They put a lot on the line and work a lot harder than most of us.. and they make a LOT of money for the team or the company that owns the team. They deserve a piece of the pie (same justification for super-star directors, producers, actors and actresses really). Make a lot of money off me, I want a large paycheck.

lexr · 08-18-2003, 12:25 AM

Anyone got a URL to a related news article somewhere online?

DatingGold · 08-18-2003, 12:39 AM

Then what the fuck is federal taxes for..

twistyneck · 08-18-2003, 12:43 AM

We have that here and yeah, it is bullshit. I don't know how one state can tax the citizens of another, I'd be tempted to tell them to fuck off and challenge it in court.

lexr · 08-18-2003, 11:36 PM

No kidding. To both of you.

I mean, federal tax is supposed to handle that. But apparently most states with state income tax disagree. I mean, damnit man, this isn't different countries we're talking about! California and Arizona are in the same country!!

Doctor Dre · 08-18-2003, 11:40 PM

Nah ... they can't do taht they will loose their business . local economy is more important

08-17-2003, 09:15 PM	#1
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Jock and CEO Taxes Reading in this week's Business Week Magazine that twenty states now have special tax laws to nail the incomes of pro athletes and other high income people who earn money when they play or do business in their particular state. Tim Duncan who led the San Antonio Spurs to the NBA championship, for example, will have to shell out $288,000 to states where he isn't even a resident this year on his $12 Mil salary. Apparently now, with states looking for every dollar they can, they might start enforcing these special tax collections on CEO's when they travel into a state to do business deals. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

08-17-2003, 09:18 PM	#3
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,944	Good for them Those overpaid bums should give back a little to the people.They should triple it __________________ *YOUR INFORMATION HERE*

08-17-2003, 09:19 PM	#4
BRISK Too lazy to set a custom title Join Date: Feb 2003 Posts: 12,240	How do they calculate how much tax they have to pay each state? __________________ I post on GFY so that when people ask me what I do, I can tell them that I work with the mentally retarded.

08-17-2003, 09:24 PM	#9
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Pro athletes justify high salaries because they have short careers in most cases, risk injury, and draw lots of eyeballs and eyeballs is what advertisers pay a fortune for. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

08-17-2003, 09:25 PM	#10
Snake Doctor I'm Lenny2 Bitch Join Date: Mar 2001 Location: On top of my soapbox Posts: 13,449	They've been doing that here in Louisiana for awhile now, and it is bullshit. The visiting players have to pay LA state income tax on what they make the week they're here to play the Saints. That would make sense IF the Saints players didn't have to pay state income tax the weeks they played road games, but that isn't the case. __________________ sig too big

08-17-2003, 09:16 PM	#2
DebbieTheCockLover So Fucking Banned Join Date: Jul 2003 Posts: 104	What does KRL stand for sweety?

08-18-2003, 12:23 AM	#12
lexr Confirmed User Join Date: Jul 2003 Location: Tempe, AZ Posts: 428	That's just lame. I can understand state taxing my income if the income is derived from within that state (even if I'm a non-resident) but taxing someone's income because they worked temporarily there (but the source of income was not there, it was elsewhere) is just leeching. And honestly, I don't see anyone in the sports industry as overpaid. They put a lot on the line and work a lot harder than most of us.. and they make a LOT of money for the team or the company that owns the team. They deserve a piece of the pie (same justification for super-star directors, producers, actors and actresses really). Make a lot of money off me, I want a large paycheck.

08-18-2003, 12:25 AM	#13
lexr Confirmed User Join Date: Jul 2003 Location: Tempe, AZ Posts: 428	Anyone got a URL to a related news article somewhere online?

08-18-2003, 12:39 AM	#14
DatingGold $6 PER EMAIL JOiN Industry Role: Join Date: Feb 2003 Location: California Posts: 13,185	Then what the fuck is federal taxes for.. __________________ 9 Years of SOLID payouts and conversions! ADULT DATING - $100 PPS LIVE CAMS - $214 PPS WWW.DATINGGOLD.COM ICQ: 27442303

08-18-2003, 12:43 AM	#15
twistyneck So Fucking Banned Join Date: Jan 2002 Location: Hanging by the neck until dead. Posts: 4,660	We have that here and yeah, it is bullshit. I don't know how one state can tax the citizens of another, I'd be tempted to tell them to fuck off and challenge it in court.

08-18-2003, 11:36 PM	#16
lexr Confirmed User Join Date: Jul 2003 Location: Tempe, AZ Posts: 428	No kidding. To both of you. I mean, federal tax is supposed to handle that. But apparently most states with state income tax disagree. I mean, damnit man, this isn't different countries we're talking about! California and Arizona are in the same country!!