Despite $43 Million Salary on Paper, Josh Allen Takes a Massive Hit Thanks to Insane Tax Rates in New York
Josh Allen is one of the highest paid players in the NFL with an average yearly salary of $43 million.
Allen signed a 6-year $258 million deal with the Buffalo Bills in 2021.
Today we take a look at the massive hit Josh Allen takes on his $43 million salary living in New York.
On the $43 million Allen pays $15.86 million in federal tax and $3.16 million in NY state tax.
$1.02 million in FICA and $378k on Jock tax.
This means that on the $43 million Allen takes home $22.57 in net income.