THA FLIPPA

Caleb Williams says he bought a Mercedes G-Wagon strictly as a tax write-off because it weighs over 6,000 pounds. NFL QB Caleb Williams breaks down his luxury vehicle purchases, explaining how buying G-Wagon weighing over 6,000 pounds allows high earners to write them off as business expenses. High earners use the IRS 6,000-pound rule under Section 179 to write off heavy SUVs and trucks as business expenses. Qualifying vehicles over 6,000 lbs avoid standard depreciation caps, dropping taxable income significantly in year one. To get the write-off, the vehicle must be used over 50% for business, with the tax savings directly matching the business percentage. It cuts down a massive tax bill, but it still requires spending real cash on heavy rides. Caleb Williams signed a 4-year, $39,486,058 fully guaranteed rookie contract as a No. 1 overall Draft pick with the Chicago Bears. Fresh off signing a four-year, $39 million deal, playing the tax game matters way more at Caleb's pay grade. As a top-bracket earner, deducting a $100k + heavy vehicle slashes hundreds of thousands off his taxable income, handing him exponentially higher tax savings than the average earner. "I bought two cars. A Double R and a G-Wagon." "I bought both the cars. One because it snows, and the other one was for taxes." "'Cause they're both over 6,000." "No, no, no, I didn't buy the Spectre, I bought the Cullinan." [ via @StBrownPodcast ft. @CALEBcsw / #dabears  ]