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Marquette
Marquette

 Open Practice

Date/Time: Oct 11, 2024 ???
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27-10

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Author Topic: [Paint Touches] How will the new tax laws impact MU? Part 1  (Read 646 times)

PaintTouches

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[Paint Touches] How will the new tax laws impact MU? Part 1
« on: February 22, 2018, 02:12:01 PM »
The new tax law penalizes employers with a 21% excise tax on any salary over $1 Million. I got the help of a professional to see how that might impact Marquette and what ways athletic departments in particular may try to skate around that. 
 
Thrilling, I know, but what if I told you the tax penalties on Buzz' compensation in his tenure would today be more than 1 year of Wojo's salary?

https://painttouches.com/2018/02/21/how-will-the-new-tax-laws-impact-marquette-part-1/

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