Whitworth: London Blows

[HoosierCat]

The players would no doubt be registered off-shore and so tax on income would be at the rate where they were registered for tax - a lot of the Premier League soccer players do it that way to avoid paying silly high rates of tax.

Yup. I'm sure Whit has a very good accountant, because its hardly a light touch at his salary on this side of the pond. Whit is scheduled to make $4.55 million in 2013. All but $400,000 will be subject to the top US marginal rate, 39.6% and all but $204,000 to the top Ohio marginal rate, 5.96%. There is also combined state and local sales taxes in the Cincy area of around 6.5%. And then there are other nibbles, like the social security tax he'll pay on the first 75k, and whatever his health insurance premiums are, and all the various taxes-by-fee ( like the cost of renewing your drivers license or license plates) we get nicked and dimed by.

On top of that, he'll be paying taxes to every state he played a game in, though there will likely be offsetting credits in Ohio.

[UK Bengal]

Tax sucks no matter where you live

[Scottishbengal]

And mp's that pay themselves £90,000 a year and hit us with cuts to services then vote themselves a £10,000 a year pay rise and dont get me started on hate preachers !!

MP's get to vote their own pay rise every year ... how unfair/corrupt is that ?? plus they get their 2nd home in London paid for by the taxpayer and then when they're no longer an MP it gets sold and the MP gets to keep ALL the ££

It's as blatantly wrong, corrupt, and nonsensical as the royal family !!! Happy days eh?