Jock tax 2023

2023-11-20 09:44:53

Jock tax 2023


Great professional athletes make a lot of money. Did you know that professional athletes have to pay an amazing amount of federal, state, and sometimes even city tax? Grant Williams, a Boston Celtic forward, was recently offered 48 million to stay in Boston but he opted to move to Texas and play with the Dallas Mavericks with their state tax rate of 0%. The state tax rates in Washington, Florida and Texas are 0%.  Basketball star DeAndre Jordan made news when he walked away from a verbal agreement with the Dallas Mavericks for $80 million over 4 years to return to the L.A. Clippers for $88 million over 4 years.  Considering California has a state tax rate of 13.3% and Texas has a 0% state tax rate which deal would have made him more money after state taxes?  


In this activity students consider the remarkable differences in state taxes that high paid pro athletes have to pay. Students determine how much more money an athlete should be paid in a high tax state in order to offset the taxes. You might also consider showing part of this news clip that highlights the state tax story to you class. This activity could make for some great math and social studies discussions.  Is this fair to teams that play in high tax states?

Activity Solutions & Supporting Materials
Share this:
Comments (0)
    Display 1 - 10 Of total 0
    How Many Pennies did Otha Save?
    Otha Anders used picking up pennies as a...
    Gonna be a Leap Year
      By George C. Baxley  This year w...
    The Scale of Things
    🌎In this ...
    Chocolate heart-shaped raspberry cake
    For Valentine's Day, bake a cake! Stude...
    What do you know about the Hawaiian islands?
    We’ve been watching news about the ...
    Big gulp
    Do you or your students love sugary drinks? &nbs...
    The new R-naught number
    There's a number used to quantify how fast a...
    Boeing 787 draws an airplane over the United States
    Recently, pilots of a Boeing 787 testing a new s...
    Tornadoes 2019
    Tornadoes have devastated the Midwest, U.S. in t...