w2 baller

A person who flaunts money during the months of February through April and mooches off of others for the rest of the year.

Person 1: Yo you heard James copped that new whip?

Person 2: The 2007 Benz with 150k....? He's a W2 baller. Just last week he asked to hold a couple dollars for a chopped cheese. Smh.