No taxes on NIL earnings

JoeWildcat

Sophomore
Jul 31, 2001
2,713
121
46
What a stupid public policy. I would hate to face someone in Arkansas working two jobs at $15 an hour and tell them that they have to pay State income tax, but the QB getting a million dollars doesn't have to pay a cent. Real smart. But those seem to be the priorities nowadays.
 
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CatManTrue

All-American
Oct 4, 2008
16,299
5,541
97
What a stupid public policy. I would hate to face someone in Arkansas working two jobs at $15 an hour and tell them that they have to pay State income tax, but the QB getting a million dollars doesn't have to pay a cent. Real smart. But those seem to be the priorities nowadays.
…Arkansas and Mississippi are different states but your point remains valid.
 

Hungry Jack

All-Conference
Nov 17, 2008
37,366
2,854
67
State income tax in MS is flat 4% starting at $10k. On a $20M payroll, that’s $800,000 in state revenue (actually a bit less).
 

techtim72

Senior
May 10, 2010
7,037
564
113
When one of the few sources of entertainment other than fishing and hunting is watching 'ol State on TV for most or in person for the few, then anything to help the team win is a political plus.

On the subject of taxes, I was out looking for sneakers at a Dick's store yesterday. The prices are unbelievable. If you want to see a direct correlation between tariffs and consumer price inflation, sneaker.prices are a good proxy. The WSJ could use it as an index.
 

Purple Pile Driver

All-Conference
May 14, 2014
27,360
2,760
113
When one of the few sources of entertainment other than fishing and hunting is watching 'ol State on TV for most or in person for the few, then anything to help the team win is a political plus.

On the subject of taxes, I was out looking for sneakers at a Dick's store yesterday. The prices are unbelievable. If you want to see a direct correlation between tariffs and consumer price inflation, sneaker.prices are a good proxy. The WSJ could use it as an index.
What does tariffs have to do with NIL?