Myles Garrett, 7 year 147$ million
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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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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...
The byproduct of a generation of bad picks and blown first round picks..... which you're supposed to build your team around for a generation.
Hopefully this maybe turning around, a lot of that is up to #6 right now.
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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.
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.
But people in the highest tax brackets shouldn't have to worry about little things like rent, food, car payments and the like.
Besides they should tax defer a boatload of money to take care of their retirement needs.....with a good tax advisor that all sports provide now when they're rookies.
If they don't listen they just go bankrupt in five or ten years.
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Signed Sealed Delivered
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How many SB's has MG won us..?.. Uhh yeah.. thats what I thought... 0..... Nothing close to being generational...
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I can celebrate now that it's official. A Cleveland Team FINALLY kept one of our own Draftees long term & he's well worth it! In a couple years, folks may look at the price as a bargain. Great signing of a fine player & person. He's the kind of young man I want my Grandchildren to look up to.
The only reason I haven't yet purchased a Myles Garrett jersey is that I am one of those Fans who thought he would return home to Texas. His will be my next jersey.
Good job by AB & Staff. Let's give credit to the Haslams as well....after all, they forked up the $$ to get this done.
Mike
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Same for Deacon Jones
But Deacon was just a scary looking dude.....along with the rest of the Fearsome Foursome.
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Same for Deacon Jones
But Deacon was just a scary looking dude.....along with the rest of the Fearsome Foursome.
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Now we just need a Merlin Oleson driving up the middle.
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Good for Myles hopefully he'll help us fuck up (within the rules) the Rapists for many years to come!
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I love the fact that the deal is 5 years AFTER his rookie deal. the 25/yr doesn't kick in until 2022. 7 more years of MG.
Just a thought, but if MG is working as a 1099, his taxation is significantly different. I believe his "corporate" tax is only 20%. I could be wrong.
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not even sure M.O. played with shoulder pads 