9 States with No Income Tax - NHL CAP

[Blowfish]

Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming — have no income taxes "state".

Kraken, Knights, Panthers, and the Lightning.

Each of these teams have a clear advantage over the rest of the league. Each of these teams work within CAP framework plus added room when one factor's tax break to negotiate contracts.

Is this something the NHL will consider next collective agreement?

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[Bear of Bad News]

Please explain what's happened since the last time we discussed this ad nauseum.

 

[supsens]

Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming — have no income taxes.

Kraken, Knights, Panthers, and the Lightening.

Each of these teams have a clear advantage over the rest of the league. Each of these teams work within CAP rules plus added room when one factor's tax break to negotiate contracts.

Is this something the NHL will consider next collective agreement?

They have no state tax they have fedral tax.

 

[Mickey Marner]

Lightning, not lightening.

 

[Jerzey Devil]

And the Rangers and Kings have an advantage over the rest of the teams in the league because they attract the most free agents. Let’s do something about that too.

EDIT: Apparently Kings don’t have this advantage like I assumed. Apologies to kings fans.

 

[HBK27]

NHL has indicated they have no interest in going down this road.

Personally, I would prefer they do something about it, but it is highly unlikely. It would complicate things with trades, make the cap more difficult for fans to understand, etc. And then would you only "punish" the non-state tax teams or would you also adjust for different tax rates by state? Then, how do you handle the US-Canadian exchange rate?

It's just going to be one of many inequalities, just as players wanting to play in a bigger market, nicer weather, for their hometown teams, etc. also provides different levels of advantages for teams as well.

 

[Colezuki]

NHL has indicated they have no interest in going down this road.

Personally, I would prefer they do something about it, but it is highly unlikely. It would complicate things with trades, make the cap more difficult for fans to understand, etc. And then would you only "punish" the non-state tax teams or would you also adjust for different tax rates by state? Then, how do you handle the US-Canadian exchange rate?

It's just going to be one of many inequalities, just as players wanting to play in a bigger market, nicer weather, for their hometown teams, etc. also provides different levels of advantages for teams as well.

Us CAD is not relevant due to all contracts in USD unless your talking COL?

 

[Blowfish]

Lightning, not lightening.

Fixed and me

 

[Blowfish]

And the Rangers and Kings have an advantage over the rest of the teams in the league because they attract the most free agents. Let’s do something about that too.

Terrible analogy.

 

[Jerzey Devil]

Terrible analogy.

It’s not an analogy. It’s another ongoing issue the NHL should address.

 

[Blowfish]

Please explain what's happened since the last time we discussed this ad nauseum.

We did?

 

[Shockmaster]

Obviously the fairest thing to do is to allow Toronto to spend as much as they want.

 

[Laus723]

“Oh, Please don’t do anything Bettman, my Panthers have been super competitive their whole existence using this advantage.”

where have most of the Cups been won in the cap era? Hint: not Florida, until last year.

 

[Krewe]

Please don’t do anything Bettman, my Panthers have been super competitive their whole existence using this advantage.

where have most of the Cups been won in the cap era? Hint: not Florida, until last year.

I know this complaint is so stupid. One cup in the cap era has been won in a no tax state

 

[North Cole]

Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming — have no income taxes "state".

Kraken, Knights, Panthers, and the Lightning.

Each of these teams have a clear advantage over the rest of the league. Each of these teams work within CAP framework plus added room when one factor's tax break to negotiate contracts.

Is this something the NHL will consider next collective agreement?

Will they also consider the tax advantage teams have from making most of the contract a signing bonus?

Probably a resounding no for both.

 

[pbgoalie]

Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming — have no income taxes "state".

Kraken, Knights, Panthers, and the Lightning.

Each of these teams have a clear advantage over the rest of the league. Each of these teams work within CAP framework plus added room when one factor's tax break to negotiate contracts.

Is this something the NHL will consider next collective agreement?

preds and stars are hiding

 

[ted2019]

Obviously the fairest thing to do is to allow Toronto to spend as much as they want.

They would still lose.

 

[Wester]

The drawback of the no state tax thing is that you have give much more NTC-s out, cause if a player takes less money because of no taxes, then he doesn't want to be traded to a place where he gets even less money.

 

[Puckstop40]

This has been beaten to death.

Vote for better elected officials that won’t take money you worked for.

 

[MikeyMike01]

Vote for better elected officials that won’t take money you worked for.

This. Your exorbitant taxes are driving away much more than hockey players.

 

[thestonedkoala]

Each of these teams have a clear advantage over the rest of the league.

Canada has nation wide Health Care and not private Health Care. Clearly, the Canadian teams have an advantage over players that have families.

 

[MrHeiskanen]

Toronto has the most money for facilities and player development, let's do something about that.

 

[wetcoast]

Us CAD is not relevant due to all contracts in USD unless your talking COL?

The very fact that all contracts are in USD kinda proves the point though doesn’t it?

If the actual point of the Sarah cap was equality(and it really isn’t) then the NHL would do something about this obvious advantage that certain teams have.

But they won’t because that isn’t what the salary cap is all about anyways.

 

[King Karl]

This has been beaten to death.

Vote for better elected officials that won’t take money you worked for.

This is obviously not the place for political discussion, but having low taxes does not imply better elected officials.

 

[tarheelhockey]

So what you’re telling me is the Canes need to re-incorporate as an LLC based out of South Dakota, with a “satellite office” in Raleigh?

Noted.