Myles Garrett, 7 year 147$ million
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Prove what you were saying about the tax rate being 37%. I am just a poor boy.
You said fat cats don't pay that much, obviously good accountants and a savvy financial plan can limit the damage but 37% is top end, and you have to figure in Ohio state taxes which I dont know what the rate is, I am not in Ohio
You said fat cats don't pay that much, obviously good accountants and a savvy financial plan can limit the damage but 37% is top end, and you have to figure in Ohio state taxes which I dont know what the rate is, I am not in Ohio
Add in the agent cut and players get roughly 50% of what they get paid. If you make $10 mill, you see 5.
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If he has to pay 37% taxes you would still be set for life or several lifetimes. So I’m not crying for him or anyone in that tax bracket
If he has to pay 37% taxes you would still be set for life or several lifetimes. So I’m not crying for him or anyone in that tax bracket
Just for the record......
It's pretty easy to find the individual's tax brackets they're in a table now corporate tax brackets is another thing that's why there are CPAs that specialize in corporate tax law and lawyers that make a career out of corporate tax law.
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The man is getting paid! If true, Myles will pass Khalil Mack’s 23.5 million a year.
edit: 7 year, 147 million. Highest non paid QB in the league.
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Not finalized but in the works per ESPN. https://www.espn.com/nfl/story/_/id/29461044/sources-browns-closing-5-year-125m-deal-myles-garrett
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Guess he may not be a cowboy in the next couple years after all
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sign a trade deal like basketball.
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A+
In 3,4 years he'll still be producing and this will be Brady-esque.
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Just hope he can live and learn over last year and not doing that again! Good for him as despite that incident and heard he is nothing but class.
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Just hope he can live and learn over last year and not doing that again! Good for him as despite that incident and heard he is nothing but class.
Just hope he can live and learn over last year and not doing that again! Good for him as despite that incident and heard he is nothing but class.
He's actually a person with intellectual depth. He's no dumb jock. And he's a physical freak. You just don't let a player like that get away.
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Remember when some of you thought he might want to go to Dallas? I told you then that loyalty is one of his strongest virtues and I expected he
would remain a loyal Browns player when contract time came. Well, the man is definitely holding up his end of the bargain. Gig 'em Myles and Go Browns!?
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https://dawgsbynature.com/2020/6/12/21289434/cleveland-browns-garrett-working-on-contract-extension
Get A long term Deal done! Tags just angry elite Players...The numbers maybe shocking? but even Khalil Mack's stat line, falls short of Myles Garrett's coming off a rookie deal
Now how does Andrew Barry get this DONE ?
Get A long term Deal done! Tags just angry elite Players...The numbers maybe shocking? but even Khalil Mack's stat line, falls short of Myles Garrett's coming off a rookie deal
One decade after drafting Joe Thomas in 07..The Browns got it right drafting Myles Garrett at Philly draft in 2017...Garrett is a Cleveland Brown till 2027 season... Well done AB!
Browns fans loved the pick at Philly & I was there ?.... was anybody at The Muni Lot? same here
Good Times!!..Great Pick!
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Just hope he can live and learn over last year and not doing that again! Good for him as despite that incident and heard he is nothing but class.
He's actually a person with intellectual depth. He's no dumb jock. And he's a physical freak. You just don't let a player like that get away.
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Myles Garrett will be joining a very small group... Browns first rounders that received a second contract from the Browns.
Joe Thomas... Joe Haden... anyone else? Someone on a FB page mentioned Alex Mack, but didn't he leave the Browns the second he could get a second contract?
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Your first 10k is taxed at 10%. The next 30k [Our total so far is 40k] is taxed at 12%. The next 45k [Up to 85k] is taxed at 22%.. and so forth. Actual dollar limits
The boundaries are different depending on your status – single, married filing jointly, married filing separately, head of household. The boundaries are also slightly higher/lower than what’s listed [the first limit isn’t 10,000 it’s actually 9700].
Round up and add, it would seem, $5 if under 100k.
Income Range [Single Filer]
Tax Rate
0-10k
10%
10k-40k
12%
40k-85k
22%
85k-160k
24%
160k-205k
32%
205k-510k
35%
Over 510k
37%
Two examples: Say your salary is 130k after deductions.
0-9700 at 10% - 970
9700-39475 at 12% - 3573
39476-84200 – 9840
84201-130000 – 10992
Sum: 25375.
Yes, formally you “Use The Tax Computation Worksheet” – and the "Subtraction Amount" makes up the difference between the top rate and all the rest before it.
Do it yourself : 130000 * 24% - 5825 … Voila: 25375.
If your salary is 50k after deductions?
0-9700 at 10% - 970
9700-39475 at 12% - 3573
39476-50000 – 2316
Total is 6859, add 5 is 6864. And the 2019 tax table for 50k after deductions? Yep, 6864.
Yes, Garrett is taxed on his millions of salary.. as he should be.. but ONLY the amount above 510k is taxed at that highest rate.
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How many SB's has MG won us..?.. Uhh yeah.. thats what I thought... 0..... Nothing close to being generational...
How many SB's has MG won us..?.. Uhh yeah.. thats what I thought... 0..... Nothing close to being generational...
Cause guys like Adrian Peterson, Dan Marino, Barry Sanders, Joe Thomas, Randy Moss, and Bruce Smith were just a bunch of scrubs cause they didn't get a ring right? Like, are you paid to say stupid stuff to be controversial?
Refreshing a high first pick finally working out. Haven't seen it since Joe Haden (wow).
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How many SB's has MG won us..?.. Uhh yeah.. thats what I thought... 0..... Nothing close to being generational...
Cause guys like Adrian Peterson, Dan Marino, Barry Sanders, Joe Thomas, Randy Moss, and Bruce Smith were just a bunch of scrubs cause they didn't get a ring right? Like, are you paid to say stupid stuff to be controversial?
Refreshing a high first pick finally working out. Haven't seen it since Joe Haden (wow).
Cause guys like Adrian Peterson, Dan Marino, Barry Sanders, Joe Thomas, Randy Moss, and Bruce Smith were just a bunch of scrubs cause they didn't get a ring right? Like, are you paid to say stupid stuff to be controversial?
Refreshing a high first pick finally working out. Haven't seen it since Joe Haden (wow).
Joe Haden!!.. Erhmagawd.. Rreally?
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