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Federal Tax Bill for MLB, NFL, and NBA players is $3 billion

April 15, 2014
INDIANA SPORTS PAGE



Professional athletes are among our nation’s highest-paid employees and, as such, a huge chunk of their income is plowed into the government via the IRS. In fact, federal taxes owed by professional baseball, football, and basketball players will exceed $3 billion in 2013, according to tax experts who specialize in representing athletes.

And, like every other U.S. taxpayer, their bill is due today.

That’s $3 billion of the $2.5 trillion paid in federal taxes by all Americans, contributed by a select but paltry work force of about 3,000. On average, every MLB, NFL and NBA player pays $1 million in federal taxes.

READ MORE: http://thefieldsofgreen.com/2014/04/14/federal-tax-bill-for-mlb-nfl-and-nba-players-is-3-billion/


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