Player Discussion: Drew Doughty Thread

[kovacro]

Tax wise, Drew would get dinged pretty good IF he went to Toronto.

What is the tax situation like in CA compared to the rest of the USA? Is it one of the higher taxes states?

I vaguely remember doing some basic stuff regarding taxes in the US v CAN but it was years ago in high school. I’m talking mid 90’s, long time ago.

 

[SlimCharles]

8 years 11 m hopefully, but it'll probably be 12 and that's fine. Whatever it takes to sign Drew.

 

[Reclamation Project]

Tax wise, Drew would get dinged pretty good IF he went to Toronto.

What is the tax situation like in CA compared to the rest of the USA? Is it one of the higher taxes states?

I vaguely remember doing some basic stuff regarding taxes in the US v CAN but it was years ago in high school. I’m talking mid 90’s, long time ago.

The worst.

 

[regulate]

Tax wise, Drew would get dinged pretty good IF he went to Toronto.

What is the tax situation like in CA compared to the rest of the USA? Is it one of the higher taxes states?

I vaguely remember doing some basic stuff regarding taxes in the US v CAN but it was years ago in high school. I’m talking mid 90’s, long time ago.

California is a cesspool of taxes for high earners, but TOR likely worse.

 

[kovacro]

California is a cesspool of taxes for high earners, but TOR likely worse.

It’s bad up in this neck of the woods. You get taxed 13% for taking a dump.

My wife works for the Canada Revenue Agency and I’m always asking her if she can return the 67% of my salary the government takes each year. I figured I’d get some sort of discount when I married her. No dice, thus far.

 

[Reclamation Project]

Toronto has cheaper cost of living than LA. CA is most likely the most expensive place to play.

 

[johnjm22]

 

[Ziggy Stardust]

I don’t think the Kings have ever had a three-time, let alone two-time, Norris Trophy nominee at any point in team history, until Doughty.

Pretty hard to move a guy like that and replace his minutes and all the situations he plays in.

 

[kovacro]

Toronto has cheaper cost of living than LA. CA is most likely the most expensive place to play.

Not sure if it’s that much cheaper but I don’t know what you guys down there would average cost wise, say on a monthly basis.

Food prices here are a bit f***ed. If you renting an apartment or condo it burns a hole in your bank account quickly. If you are buying property and I’m talking a piss poor older house in Toronto, you could pay around $1 million.

Gas prices are crazy as I’m sure they are in LA.

Luckily we’re not paying an arm and a leg for a hospital stay. You guys get dinged there pretty good.

Anyways, I’m going OT here so I’ll quit it.

 

[Reclamation Project]

I used this...

Cost of Living Comparison between Toronto and Los Angeles, California.

 

[DryIslandBartender]

Let’s also factor in the Trump tax cuts. Rich Californians are going to end up paying more.

But then again, I don’t think Doughty cares about tax rates or cost of living. Guy makes millions and has Meehan who probably sets him up with guys that know how to invest his money well.

He’s got all the leverage this time around and will get what he’s asking for.

 

[Ziggy Stardust]

Doughty just needs his XBOX, tasty waves, a cool buzz, and he’s fine.

 

[Raccoon Jesus]

I don’t think the Kings have ever had a three-time, let alone two-time, Norris Trophy nominee at any point in team history, until Doughty.

Pretty hard to move a guy like that and replace his minutes and all the situations he plays in.

Doughty is most likely the best Kings d-man we will ever see.

He's irreplaceable. And I don't just mean for the next few years. We'll be lucky to ever draft or sign a guy like him ever again.

Look how many teams are missing a true #1.

 

[kenito7]

Doughty is most likely the best Kings d-man we will ever see.

He's irreplaceable. And I don't just mean for the next few years. We'll be lucky to ever draft or sign a guy like him ever again.

Look how many teams are missing a true #1.

All true except the irreplaceable part. I would rather have the best team in the league rather than the best defenseman. Every year for the last 4 years someone has won the cup without the best defenseman. If Drew wants 12m I thank him for the cups and trade him for whatever I can get.

 

[Fishhead]

I can never figure out how state income taxes scale. I'm looking at the table, and with our taxable income my wife and I should be taxed at 9.3%. We ended up paying a little over 4%, and we are getting money back... It's not like we have a bunch of crazy tax credits, either. I'm pretty sure a good CPA could get around the taxes in California without much issue.

 

[Rorschach]

Tax in Toronto is irrelevant. Even if the tax was 25% more per year, he'd earn more than double his salary in endorsements over what paltry endorsements he gets in LA.

 

[Reclamation Project]

How much do fan signings at the local optometrists or S̶p̶o̶r̶t̶ ̶C̶h̶a̶l̶e̶t̶ pay?

 

[johnjm22]

I can never figure out how state income taxes scale. I'm looking at the table, and with our taxable income my wife and I should be taxed at 9.3%. We ended up paying a little over 4%, and we are getting money back... It's not like we have a bunch of crazy tax credits, either. I'm pretty sure a good CPA could get around the taxes in California without much issue.

I don't get it either. Taxes in America are complicated. I just got done paying mine. My "effective" tax rate for CA was 7%. But when I look at the CA tax brackets I fall in the 9.3% range. And I have no house, no dependents, not married, so I'm not sure why my rate is that low.

But still, I paid 5 digits in state income taxes to CA. I could save all that money by simply moving to say Nevada (which I will probably do eventually). If it costs me that much, than I'm sure it would be a ton of money in taxes for a millionaire hockey player.

 

[Legionnaire]

It's human nature to want to get what you're worth.

*I* really don't want a kick in the nuts. Thanks.

 

[KINGS17]

I can never figure out how state income taxes scale. I'm looking at the table, and with our taxable income my wife and I should be taxed at 9.3%. We ended up paying a little over 4%, and we are getting money back... It's not like we have a bunch of crazy tax credits, either. I'm pretty sure a good CPA could get around the taxes in California without much issue.

Taxes are indexed. You don't pay 9.3% on your total income, you pay 9.3% any income over $56,612, 8% on the roughly $11,000 of income between $41,629-$52,612. You get the idea.

Lower income:

$0 - $8,015	1.00%
$8,015 - $19,001	2.00%
$19,001 - $29,989	4.00%

[TBODY] [/TBODY]

Higher income:

$41,629 - $52,612	8.00%
$52,612 - $268,750	9.30%
$268,750 - $322,499	10.30%

[TBODY] [/TBODY]

 

[Axl Rhoadz]

I don’t think the Kings have ever had a three-time, let alone two-time, Norris Trophy nominee at any point in team history, until Doughty.

Pretty hard to move a guy like that and replace his minutes and all the situations he plays in.

But just imagine what you could get for him....

 

[KINGS17]

I don’t think the Kings have ever had a three-time, let alone two-time, Norris Trophy nominee at any point in team history, until Doughty.

Pretty hard to move a guy like that and replace his minutes and all the situations he plays in.

Reminds me of Raymond Bourque and all of those Stanley Cups he won in Boston. Wait, what?

 

[KingsFan7824]

I don’t think the Kings have ever had a three-time, let alone two-time, Norris Trophy nominee at any point in team history, until Doughty.

Pretty hard to move a guy like that and replace his minutes and all the situations he plays in.

None of that matters. It's all on Doughty. If he wants to stay, they'll pay him whatever he wants. That's how it's going to work, regardless of what that means for the team's cap and all that. If he doesn't want to stay, then it's try one last time, or trade him.

They're not going to voluntarily get rid of him. The talent forces the issue one way or the other. There are probably a few instances, but name the times when a team got rid of one of their best players on their own. Even the Oilers didn't get rid of Gretzky because they felt like doing it. There were various behind the scenes issues that all came together for that.

Doesn't matter what Doughty has meant to the Kings. Doesn't matter how much they could potentially get for him, and how great that trade could be for the future of the franchise. The only thing that matters is whether he wants to stay in LA or not. They have the money to give him if he wants it.

 

[LAKings88]

A player that wants to win every year doesn't handcuff his team and ask for the moon. I don't get selfish, greedy athletes. 12 million, 14 million, who gives a ****. Maybe I'm in the minority but I'd sign the same contract as Kopitar and say "go get us some help and lets win more cups"

This, at what point does 14 million become noticeably different to 10 million a year? LA will be in Chicago’s boat. Also need to pray the cap goes up every year. Is what it is tho.

 

[KINGS17]

None of that matters. It's all on Doughty. If he wants to stay, they'll pay him whatever he wants. That's how it's going to work, regardless of what that means for the team's cap and all that. If he doesn't want to stay, then it's try one last time, or trade him.

They're not going to voluntarily get rid of him. The talent forces the issue one way or the other. There are probably a few instances, but name the times when a team got rid of one of their best players on their own. Even the Oilers didn't get rid of Gretzky because they felt like doing it. There were various behind the scenes issues that all came together for that.

Doesn't matter what Doughty has meant to the Kings. Doesn't matter how much they could potentially get for him, and how great that trade could be for the future of the franchise. The only thing that matters is whether he wants to stay in LA or not. They have the money to give him if he wants it.

Of course it matters. The Kings management and Rob Blake are capable of independent thought (well maybe not), but they should be capable of independent thought.

Maybe Doughty will make it easy for Blake and take the first offer in July, but I doubt it.