LeBron to lose millions to California's income taxes.
Jul 2, 2018 18:56:59 #
High wage earners in CA pay 9.3% in income taxes. Those earning over a million dollars pay a surcharge of 1% after 1 million dollars. LeBron will pay about 15 million dollars in income tax to California over the next four years. That's on top of a statewide 7.5% sales tax.
Jul 2, 2018 19:03:29 #
Jul 2, 2018 19:22:34 #
Bummer, dude. I can hear the violin music in the background.
--Bob
--Bob
SteveR wrote:
High wage earners in CA pay 9.3% in income taxes. Those earning over a million dollars pay a surcharge of 1% after 1 million dollars. LeBron will pay about 15 million dollars in income tax to California over the next four years. That's on top of a statewide 7.5% sales tax.
Jul 2, 2018 20:35:35 #
Then there are Federal taxes....He can afford it....
rmalarz wrote:
Bummer, dude. I can hear the violin music in the background.
--Bob
--Bob
Jul 3, 2018 06:35:51 #
Oh my God! Should we tell him???? How heartbroken he will be to learn what a terrible mistake he is making!
Obviously he is thinking about life after the NBA. He will be the "king of LA" when he retires, and will have dozens of opportunities to continue a rich and famous life.
Obviously he is thinking about life after the NBA. He will be the "king of LA" when he retires, and will have dozens of opportunities to continue a rich and famous life.
Jul 3, 2018 07:23:58 #
SteveR wrote:
High wage earners in CA pay 9.3% in income taxes. Those earning over a million dollars pay a surcharge of 1% after 1 million dollars. LeBron will pay about 15 million dollars in income tax to California over the next four years. That's on top of a statewide 7.5% sales tax.
Poor boy... Labron will earn $105,000.00 a day.
Jul 3, 2018 07:34:07 #
Jul 3, 2018 07:47:13 #
Jul 3, 2018 08:12:53 #
Jul 3, 2018 08:14:42 #
Maybe we should start a go fund me to make for the poor guy's losses.. Somebody else gas go first though
Jul 3, 2018 08:15:51 #
CA_CanonUser
Loc: Friendswood, TX
Isn't greed (on the part of both Lebron and California) a wonderful thing??!! My comment is sarcasm by the way.
Jul 3, 2018 08:16:24 #
SteveR wrote:
High wage earners in CA pay 9.3% in income taxes. Those earning over a million dollars pay a surcharge of 1% after 1 million dollars. LeBron will pay about 15 million dollars in income tax to California over the next four years. That's on top of a statewide 7.5% sales tax.
He can always look into California's many assistance programs.
I also heard Whoopie Goldberg complaining about have to pay so much in taxes. It's tough being rich.
Jul 3, 2018 08:17:07 #
eagle80 wrote:
They all make to much money.
But he can throw a ball through a hoop! Isn't that worth millions?
Jul 3, 2018 08:29:13 #
jerryc41 wrote:
He can always look into California's many assistance programs.
I also heard Whoopie Goldberg complaining about have to pay so much in taxes. It's tough being rich.
I also heard Whoopie Goldberg complaining about have to pay so much in taxes. It's tough being rich.
I do not hear her complaining about getting money on welfare though...
Jul 3, 2018 09:24:12 #
I think it's ridiculous what these guys get paid, not just B-ball, all professional athletes. When Police and teachers, and a whole host of other people, health care workers have to work 2 jobs just live above the poverty level. I think he should pay 90% and he would still be a millionaire.
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