Super Bowl tax bite: Broncos, Seahawks must pay NJ taxes
This is pretty ridiculous.
Check it out:
When Peyton Manning takes the field at MetLife Stadium for the Super Bowl next weekend, there is one defender he will have absolutely no chance of evading.
The tax man.
The state Division of Taxation will be taking a cut of the Denver Bronco quarterback’s estimated $15 million salary, as well as a portion of the $7 million paid to Seahawks running back Marshawn Lynch, and a piece of the $662,434 Seattle starting quarterback Russell Wilson will earn next season.
Indeed, every member of the two Super Bowl teams coming here this week will take a tax hit during their brief stay in New Jersey — every player, every coach and trainer and anyone else who regularly travels with two organizations.