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They still need to file in those states where they played. It is quite an issue in pro sports. Each player can easily have a dozen or more state returns.
Luckily with a minimum salary in the hundreds of thousands they can afford a good tax person!
No it is not, it is based on where they make the money, pro athletes pay taxes to every state and some cities that they play in, then they get a credit for taxes paid to other states on their tax return for the state they officially live in.
I stand corrected.
Even so, they're still making a lot more money than about 99% of Americans after taxes. So I'm not sure why their tax situation was brought up in the first place...
I am pretty sure you are wrong on what your buddy makes being a union welder, I have a client that makes $34 an hour plus per diem of $53 a day for union jobs in Northern Colorado.
I know plumbers that will not work for less than $40 an hour, electricians that make a $100K a year, HVAC techs that make $75K a year. The money is out there for the right blue collar work, but you do have to work your way up to it in most cases.
Well in 2010 he made $28 an hour. We were roommates and studio mates for 6 years. I don't know if he makes more now, or if there are per diems or anything like that. That is great that you know all those guys, though. It must be expensive to keep a house maintained in Colorado.
My younger brother just got a construction job that pays $31/hr plus overtime and benefits. Had no experience; got trained on the job. He has flunked out of college multiple times and has a DUI. He has the opportunity to make $38/hr if he reaches the level of "Master Apprentice" or whatever it's called.
Meanwhile, the typical STEM grad is getting paid $15/hr cleaning beakers or typing data into Excel. Maybe $25/hr if they're lucky. It's worth mentioning that they also have to cope with a higher cost of living since they'll move to the cities to get those positions. But hey, it's a small price to pay for getting a "white collar" job where they put their education their work and exploit their "critical thinking skills." lolz
Yea, and my brother is going out partying every weekend, while I'm reading programming books, taking GRE practice tests and trying to build a professional portfolio. All to try and compete for the small number of well-paying white collar jobs in which I will probably be overworked and miserable when I finally get one.
And as usual, your post is dripping with venom, jealousy and sarcasm, which is one of the reasons why you are unemployable. It's not the temp agancies or the dumb hiring managers. You are the common denominator here.
The sooner you get that boulder off your shoulder, the better off you'll be.
Well, do you wanna work construction? A lot of people don't.
And it's a very cyclical career. My buddy had a decades-long career in construction, but as soon as the economy went belly up, he was laid off. I haven't seen him in a while, but he hadn't had steady work in a couple of years, and he was in his late 40s. He was losing his house.
It's hard on your body too. Do you want to work all your life and then retire with a body full of aches and pains? Or make one misstep and end up on disability for the rest of your life?
It's not a bad career, and I think it's a better choice than college for many. But don't get in a snit because these guys get paid a lot of money with no degree. There are some major tradeoffs.
Most guys in construction don't make anywhere close to $31 dollars an hour or above unless they have some sort of specialized skill set (ie; electrician, plumber, HVAC, elevator mechanic). I suspect the OP is leaving out a few details.
For awhile I was working as sort of an apprentace for a local construction company. I made $800 a week under the table and that was just for training. I think someone who can work with their hands and build things are far more valuable than someone with a liberal arts degree who ends up working for Walmart, making starvation wages and collecting government subsidies.
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