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John Oliver Looks at America's Horrific Death Penalty

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Mike Lamb4/11/2024 2:41:29 pm PDT

re: #94 danarchy

Unlike a lot of billionaires who make their money from investments, most pro athletes are taxed as income and pay the top rate. I am sure there are plenty of accounting tricks and tax write offs and deferrals and carried losses and what not to minimize it, but it isn’t like they are paying a lower rate than their personal assistants at least.

They also have to pay taxes in every state they play games in. Ohtani also likely has additional tax obligations in Japan.

He’s still ungodly rich, but this isn’t like hedge fund managers worth billions who pay stupidly low marginal rates for zero reason.