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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.

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βˆ™ 11y ago
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Q: How much tax does David Letterman pay?
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