Ross Tucker, telling it like he sees it.

[Beerball]

Tucklink

 

I got cut one year into my three-year contract extension with the Buffalo Bills after back surgery and never got another dime, so excuse me if I am not feeling real bad for Linehan.

 

It is a business after all.

[BillsWatch]

I think Tucker is a very good writer and SI was smart to pick him up.

I may not always agree with him but that is a different issue.

[Saint Doug]

Wasn't it Donahoe that cut him? Another jerk move.

[Lurker]

I think Tucker is a very good writer and SI was smart to pick him up.

I may not always agree with him but that is a different issue.

Obviously, Tuck's not an economics major:

 

"Smith is making $445,000 this year, so figure that after all his New Jersey taxes are deducted, he would have taken home about $250,000."

 

His $445,000 contract less the $50K = $395,000. At the 43.8% tax rate Tucker uses in his example, that would leave an after-tax income of $222,000 or $28,000 (11%) less than he was scheduled to make if you buy Tuckers' theory. Tough to swallow, but hardly one-fifth of his income.

[WellDressed]

Maybe if he makes a deal with "Shotgun Willie" and stages an elaborate, elaborate golf outing.

[Pyrite Gal]

Obviously, Tuck's not an economics major:

 

"Smith is making $445,000 this year, so figure that after all his New Jersey taxes are deducted, he would have taken home about $250,000."

 

His $445,000 contract less the $50K = $395,000. At the 43.8% tax rate Tucker uses in his example, that would leave an after-tax income of $222,000 or $28,000 (11%) less than he was scheduled to make if you buy Tuckers' theory. Tough to swallow, but hardly one-fifth of his income.

Not only is Tucker wrong about the flat out number which he uses to make the calculation but his figures also seem to assume that Smith is a total fool or does not hire someone who is not a total fool to do his taxes. The 43.8% # which Tucker seems to make assumptions to use does not deduct some of he most elemental tax deductions which folks qualify for that would reduce this tax hit substantially (for example money paid for state taxes can be deducted from the calculation of your federal taxes to substantially lower the tax hit.

 

No reporter can be required to be a tax expert, but if one is not going to use the #s with some bow to reality then one should not use the numbers and expect to be believed.

 

One expects better from a Princeton graduate.