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re: Josh Pate Bringing Some Knowledge Regarding NIL and College Football

Posted on 2/28/24 at 1:01 pm to
Posted by bamameister
Right here, right now
Member since May 2016
14393 posts
Posted on 2/28/24 at 1:01 pm to
quote:

Because these guys are so far outside of standard deduction world that they won't pay state taxes.


And college kids still want to be part of a winner and someone who will get them to the next level. State income tax won't tell that story. Not now, not ever.
This post was edited on 2/28/24 at 1:01 pm
Posted by jonnyanony
Member since Nov 2020
10131 posts
Posted on 2/28/24 at 1:05 pm to
quote:

And college kids still want to be part of a winner and someone who will get them to the next level. State income tax won't tell that story. Not now, not ever


State income tax is absolutely irrelevant at that tax bracket.

If a California company hands me a $1M check it will 100% not cost me a cent more than if a Florida company did. It will be offset by my federal obligation.
This post was edited on 2/28/24 at 1:08 pm
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