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After Taxes, Romo the Highest Paid NFL QB


RUSH: Interesting story.  Here from the Americans for Tax Reform: Tony Romo, the quarterback of the Dallas Cowboys, is now the highest paid player in the National Football League. 


What do you mean, absurd?  Oh.  Oh.  You're speaking from a Cowboy fan standpoint.  I thought you were disagreeing with the premise.  Tony Romo is the highest paid player in the NFL, but he doesn't earn the most.  He-he-he.  Got you, didn't I?  Tony Romo is the highest paid player in the NFL, but he doesn't earn the most.  He lives and works in a no-income-tax state. 

Over Easter weekend, Tony Romo signed a six-year, $108 million contract extension to remain the quarterback of the Cowboys.  It's an estimated $18 million a year.  That makes him the fifth highest paid player based on salary.  But while he is the fifth highest paid player, he's actually the highest paid player, after taxes, in the NFL.  And I'm telling you it's gonna be things like this that are gonna open people's eyes, too.  These guys are competitive, and I don't care what you think, they do keep score.  They do compare contracts.  They do run around and say, "I got the biggest contract. My contract is bigger than yours. I'm making more than you are." And when these guys, these four guys ahead of Romo, find out that he ends up with more spending money than they do, even though he's fifth on the line, they're gonna say, "How does that happen?  Who's taking my money?"  And then they're gonna found out who's taking their money. 

It's little things like this that you never see, that you never hear about that can lead to seismic shifts in overall public attitudes.  "Tony Romo now claims the top spot previously held by Drew Brees of the New Orleans Saints because of no state income tax in Texas. With Romo’s income tax burden being 43.4 percent," he has an estimated tax liability of $7.81 million, he will earn, or a better way to state it, he will keep $752,000 more than Drew Brees will.  Tony Romo is an example of why businesses and people are leaving high-tax states and moving to places like Texas and Florida, where there are no state income taxes.  Under Governor Rick Perry, Texas has continued to thrive and experience economic growth throughout the recession because of low tax rates and economic competitiveness. 

Now, I don't have the four players -- well, three players, now Drew Brees, I don't have the other three who are ahead of Romo in gross earnings.  But they know who they are.  And the word will spread.



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