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If NBA famous person James Harden hoped being traded to the Brooklyn Nets would assist him land extra profitable endorsement offers in an even bigger TV market, he higher cross his fingers that these offers compensate for the way a lot cash he’s shedding in one other space.
Whereas the commerce to Brooklyn to play alongside Kevin Durant and Kyrie Irving may get him a greater shot at an NBA title and extra endorsements, it is going to additionally value Harden dearly in taxes.
Simply how a lot?
It’s about $13.6 million, according to Celebrity Net Worth.
By going to the Nets from the Houston Rockets and the state of Texas, Harden has gone from a state with no state revenue tax to a state with a 12.7% state revenue tax fee.
If Harden stayed in Houston, he would have paid $3.26 million in state, metropolis and jock taxes, in keeping with Movie star Internet Value.
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In New York, he’ll be paying $16.89 million in taxes.
Granted, don’t really feel too sorry for Harden.
He’s not precisely broke, with $225 million made in wage and endorsements.
However whoever does his taxes may have just a little additional work and so much greater tax verify to log out on on account of his huge transfer.
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