Govt to take nearly 14m of Kobe's 24m lump sum payment in taxes

[One_Tycoon]

Kobe Bryant needs to take his talents over to the neighboring state where there is no state tax.


GOV'T TO TAKE NEARLY $14M OF KOBE'S $24M LUMP SUM PAYMENT IN TAXES

Kobe Bryant will owe the government nearly $14 million after the Los Angeles superstar receives a $24,363,044 payment from the team on Friday as part of his contract.
After factoring in the the top federal marginal rate of 39.6%, the top marginal California state tax rate of 13.3%, and the federal Medicare surtax of 3.8%, Bryant's tax burden is 56.7% before social security taxes.
That means his total tax liability will be just over $13.8 million.

http://www.breitbart.com/Breitbart-S...medium=twitter

[Tay Roc]

Wait until Vanessa takes her cut. She'll take 1/2 of whatever is left.

You know she was waiting for that last big contract before she files for divorce.

[One_Tycoon]

Oh, is that right. I don't nothing about Kobe's personal life.

But as far as the Govt taking it's fair share goes....Kobe needs to vote with his wallet and go join the tea party. Next time Pres. Obama is in town with the whole Lakers team behind him, Kobe should pass on it and cite his big tax payment as a reason.

[Calm down mate]

What's it to you, you broke pretentious nobody.

[One_Tycoon]

What's it to you, you broke pretentious nobody.

You like this hit and run style of posting don't you.

[Russian Crushin]

Only 11 mil? Poor guy

[Calm down mate]

You like this hit and run style of posting don't you.

The Tea Party are a fringe laughing stock, give it up.

[One_Tycoon]

The Tea Party are a fringe laughing stock, give it up.

Yes...a lot of yahoo's in that crowd but whatever gets the ball rolling in downsizing govt and getting a flat tax of about 0%. The tea party is your everyman's introduction to Small Govt, Free Market economics. Some of them holding pitch forks and Obama devil signs doesn't really concern us. As long as they vote the right way.

[-Kev-]

F-cking abuse.

[Danny Gunz]

More importantly they are taking a lot of my money every paycheck