Re: Reasons Deandre Left........
[QUOTE=boozehound]also, people seem to forget that the state tax on a contract like this adds up. 12.3% of 10 million (half his salary, since half home games) is nearly 1.25 million every year!?! That is a 50k/year job for a quarter century. Huge difference, esp when the feds are already taking 8 of your 20 million every year.[/QUOTE]
State tax isn't a huge deal for one reason: you ultimately end up paying them when you file your federal tax return. What I mean by that is those who pay state taxes in other states are able to deduct state and local taxes from their gross income on their federal return which means whatever you pay in state taxes just get added to your itemized deductions, therefore lessening your overall tax burden. Essentially, it's a case of pay now or pay later.
Also, Texas makes up for a lack of state taxes via high property taxes.
Re: Reasons Deandre Left........
Re: Reasons Deandre Left........
And people said the locker room issues were fabricated