Former Trail Blazer Craig Smith says he had just $85 in bank despite millions made

[jlprk]

It's the truth. Jlpk did too many drugs in the 60's

You know you didn't pay 51% of your total income to taxes. If you did, you must have been stoned. You would have gotten a refund.

No one pays that much. You are either lying, self-deceived, deceived by a crooked tax preparer, stoned, or deceived by a stoned crooked tax preparer.

 

[jlprk]

not quite 50% but close. :MARIS61:

Tax withheld is not the same as tax he will owe on April 15. If his advisers are competent, he'll get a big refund on the 39% he's having withheld. As for the local jock taxes, it appears that 9 days ago, the Maryland Supreme Court stopped double taxation by 2 states on the same income. Maybe it will eventually go national.

http://www.washingtonpost.com/local...92ee7a-d16f-11e4-ab77-9646eea6a4c7_story.html

Magnifier, you can deduct a lot of expenses, you know. Who does your taxes, Bud Light?

 

[Voodoo]

Does Craig Smith not realize that rhino horns are worth thousands of dollars on the Chinese black market?

 

[magnifier661]

You know you didn't pay 51% of your total income to taxes. If you did, you must have been stoned. You would have gotten a refund.

No one pays that much. You are either lying, self-deceived, deceived by a crooked tax preparer, stoned, or deceived by a stoned crooked tax preparer.

I get 25k refund each year, but pay out 135k for my 270k per year wage

 

[jlprk]

The 135K is tax on your gross income, not just your wage income. Your investment & business income must be over 300K.

As for the baseball player's (McCutchen's) paystub, his agent is withholding the maximum 39% to force him to save. The player will get a refund, mailed to the agency, which the agent will stash into some investment before the player can waste it. It'll be there when the player retires.