answersLogoWhite

0

Mr. Letterman's taxes, like all US Citizens are protected private, non-public information. Given the rough outlines announced of his deal with CBS, and that he works in New York City in New York State ... he pays a high percentage of his entertainment income for Federal, State and City income taxes, probably something closer to half (50%) than any other rough estimate. His income from investments (savings) are taxed at a lower rate, probably closer to 1/5 (20%), in part because the companies he invested in already paid income tax on the same money and in part because the lions share of most "capital gains" are really just inflation, not economic gains.

User Avatar

Wiki User

12y ago

Still curious? Ask our experts.

Chat with our AI personalities

LaoLao
The path is yours to walk; I am only here to hold up a mirror.
Chat with Lao
MaxineMaxine
I respect you enough to keep it real.
Chat with Maxine
RossRoss
Every question is just a happy little opportunity.
Chat with Ross

Add your answer:

Earn +20 pts
Q: How much tax does David Letterman pay?
Write your answer...
Submit
Still have questions?
magnify glass
imp