196k views
3 votes
Which NBA player from the video takes home more money? Why? What can NBA

players do to reduce their state tax?

User TigerBear
by
5.1k points

1 Answer

3 votes

Answer:

All NBA players pay federal income tax at the highest rate of 37 percent. ... Every professional athlete in the U.S. is also subject to “jock” taxes, which are calculated by the amount of time a player contributes to “income-related work” in any state that administers an income tax.

Step-by-step explanation:

User Mark Schuurman
by
5.4k points