if jersey is so bad why do rich people live here. almost 10% of households are millionaires. (number one in the nation) https://www.gobankingrates.com/money/wealth/states-with-the-most-millionaires/ there are so many rich towns in jersey, that i am sure i am missing some. kinnelon, mountain lakes, rumson, westfield, alpine..etc. Lam
If they live in NY state they get taxed. if you earn an income or live in NY, you must pay NY state tax. doesn't matter in which state you work. Don't know where players live but likely some live in NY. lets look at the new jersey tax rules: You are a nonresident for tax purposes if: You did not maintain a "permanent" home in New Jersey; and You did maintain a "permanent" home outside of New Jersey; and You did not spend more than 30 days in New Jersey. Also, you are a nonresident if: New Jersey was not your domicile, and you spent 183 days or less here; or New Jersey was not your domicile, and you spent more than 183 days here, but you did not maintain a "permanent" home here. First part ruled out cause most likely players spend more than 30 days in state. second part could lead to non residency tax, which is something like 11%. NY income tax also 11% AS does NJ. Don't know why people think an athlete can escape this. They can't. Now, the so called jock tax applies when player from lets say Denver, plays a game in Jersey. That days wages are subject to jersey tax. But we are talking about playing for the jets. Where do people think players live during the season?
There are half a dozen states between 9.15%-9.75% millionaires but is it really that big a deal being a millionaire anymore, 8.8% of households in the U.S. are millionaires. Just having a mostly paid off house and a decent 401k gets you pretty close in many states these days. To answer your question though, im guessing it's due mainly to NYC that they have a little higher % .
A more compelling argument imo would've been "many of them are Dolphin fans" but that aside, your post smacks of ageism which in and of itself is a form of bigotry in addition to the not-so-latent elitist tenor you seem to carry towards people not in your tax bracket. . Using a bigoted premise to make a point isn't a hill I would choose to die on figuratively-speaking....your mileage may vary... joe, 10583
Got it, but I didn't ask anything at all about New Jersey, the "jock tax" or anyone "escaping" anything - I asked about why you were so anxious to talk about players living in New York. Now, if you are just going to assume that Hill would have lived in New York, just as you're assuming some Jets players do, New York tax laws would cover them and I would expect them to be similar to regulations in Florida and New Jersey. To answer your question, I "think" almost all the players live within a short drive to the place they do most of their "work" and that's Florham Park; I don't expect very many to be looking to make early morning drives of forty minutes to an hour or more from anywhere east of the Hudson. Finally, anyone actually playing for the Jets will pay New York State income tax regardless of where they live if they are active on game day in Buffalo once a year.
Im honored you think I’m in a high tax bracket but I’m going to assume you only think that because you’re trained to think anyone in the northeast is an elitist democrat because that’s what the billionaire Republican politicians and business owners tell you to think.
First off, nice dodge re: your previously expressed bigotry. Additionally YOU were the one who made reference to people whom in your own words "can't make a good life for themselves." . Further, you typed the words "because you're trained to think" and attributed that cynical, intellectually slothful assumption to reflect my thought process? . Seriously, is that what you're saying? . If so, game on.... : ) .