In the US, Federal taxes are commonly withheld on all baseball players' salaries and bonuses. In some of their home countries, this amount of US taxes can be a deduction for home country income earned abroad. The player's home country tax laws govern taxes that may be owed there. Some nations do not tax citizens in any sport where they earn money.
36,00,00,000
Nope.
Estates pay taxes on income and may have to pay inheritance taxes.
Yes, they pay taxes. If you work you pay taxes no exceptions.
the pay before taxes net pay is after taxes
They didn’t pay taxes.
Yes. They pay income taxes and property taxes and sales taxes.
How much federal taxes do you have to pay on $600?
If looking at your pay stubs, you gross pay represents your total pay before taxes. The net pay is your pay after taxes.
Professional softball players are paid less than professional baseball players because softball is not as popular as baseball. Baseball has a much bigger market in the economy, as proven by the baseball stadiums, playing cards, t-shirts, and hats. Because of all the profits that these things generate, they are able to pay their players more. Softball does not have this kind of publicity, and there for the money that flows into the organizations involved in the sport do not draw as much money either. Because they do not draw as much revenue as the baseball organizations, they are not able to pay their players as much as baseball players get paid.
People pay taxes in many different ways. Taxes are taken out of your paycheck, you pay taxes when you make purchases at a store, and you pay taxes on your home and property.