Those higher taxes pay (in theory at least( for increased governmental services. I’d say the dumb one would be the one who doesn’t know that.
Salary Cap (Taxes)
- Thread starter Matthews4Calder
- Start date
Those higher taxes pay (in theory at least( for increased governmental services. I’d say the dumb one would be the one who doesn’t know that.
How exactly do taxes benefit in making the weather warmer? They don’t it’s based of a geographical area not taxes.
How exactly do taxes benefit the better night life in New York compared to Edmonton? They don’t it’s based off pure population and the number of rich residents.
How exactly do taxes benefit the places to spend money at in New York compared to Edmonton?
They don’t, again it’s based of pure population and the number of rich business owners.
Taxes are everywhere, they do not determine the benefits or drawbacks of living in a certain area.
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Exactly this. Their rookie GM can't get players to sign team-friendly deals, so they want team-friendly deals to stop.
zetajerk
Registered User
- Jan 1, 2015
- 738
- 589
And there it is.
I wasn't aware you were personally paying for my team to exist.
Revenue sharing isn't going to go away if the Coyotes move. There will still be teams at the bottom who will shake you down for everything you (don't) have.
A fan of a team that hasn’t won a cup in over 50 years, or the 2nd rd in 14 years, calling other teams “loser teams”
powerstuck
Nordiques Hopes Lies
When it comes to NHL players and other uber rich people, it doesn't make a difference.
But for us common mortal beings, it makes a difference. For example, here in Quebec, every worker pays a Quebec Parental Insurance Plan which is about 3000$ a year and is deducted on top of other income taxes.
Now for an NHL player who gains millions, he doesn't care if he pays an extra 3k in taxes or not. But for me, it can make a difference and in the end allows my wife to spend up to a year after the birth of our child at home while being paid (dads get 4-6 weeks).
In the end this tax most likely doesn't exists everywhere, but it also means that moms and dads elsewhere do no get the same benefits.
Mickey Marner
Registered User
It's a marketing tool, to entice people to setup a meeting. Here's what you're currently paying, here's how much you'd save with the Gavin Group!
It exists to attract new clients that are mostly ignorant of their own financial situation, so it's designed to somewhat accurately capture their deductions. A financially savy person wouldn't bother with the calculator, nor would it accurately capture their deductions.
A fan of a team that hasn’t won a cup in over 50 years, or the 2nd rd in 14 years, calling other teams “loser teams”
Whats the point of the NHL?
BlackFrancis
Athletic Supporter Patch Partner
- Dec 14, 2013
- 6,193
- 9,889
That is the point of the NHL. It is also the reason why the franchise you root for won't get off of paying out revenue sharing or complying with a salary cap or get anyone to remotely care about the average tax burden of residents in the GTA.
That is the point of the NHL. It is also the reason why the franchise you root for won't get off of paying out revenue sharing or complying with a salary cap or get anyone to remotely care about the average tax burden of residents in the GTA.
That’s exactly why. And that’s exactly why a league that weighs pucks and has video review won’t address an equality in the system that they artificially imposed.
Funny, because recent articles say GMs are grumbling about Dubas, not team-friendly deals.
DudeWhereIsMakar
Bergevin sent me an offer sheet
I find they should make a rule to flex a salary cap based on taxes so that players are making the same amount no matter where they play.
If a player is playing in the states of New York or California they'd be making the same as if they were playing in Florida or Vegas. I'd explain it more in-depth but too lazy to do it today.
If a player is playing in the states of New York or California they'd be making the same as if they were playing in Florida or Vegas. I'd explain it more in-depth but too lazy to do it today.
DudeWhereIsMakar
Bergevin sent me an offer sheet
These types of situations are why you can never really regulate take home pay.
ottawa
Avatar of the Year*
So just to confirm, you're saying a 10m signing bonus in a no-tax state has roughly the same effect as a 10m signing bonus in Toronto?
Can you explain that, I must be missing something.
Sky04
Registered User
- Jan 8, 2009
- 29,697
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They love using Tampa as a comparison but lets look at this, Tampa has been competing since 2014, through good signings (mostly) and cap management they've been able to avoid "cap-hell" and push their window and compete for 5+ years to the point our first "cap-casualty" was JT Miller in 2019. Toronto in half that time has reached the same point as Tampa in terms of cap. Next year Toronto is in year 4 of the Matthew's era with 50m tied to 6 players, Tampa will be in year 7 of Kucherov with currently 45m tied to 6 players (ballparking 9m to Point.)
No Tampa hasn't won through the last 5 years but they managed their cap to the point where they were improving their roster every single year and extending their window as contenders which is the best you can ask for from a GM - not a full blown out cap right after ELC's.
Beukeboom Fan
Registered User
I am not saying that. Since 98+% of the league salaries are not paid via signing bonuses, I was talking about "regular" salaries.
If the tax benefits to signing bonuses are sush an opportunity- why don't all NHL'ers negotiate them after they are off their ELC's?
My point is that taxes are complicated and the folks who try to make it simple either don't understand the complexity, or they are using it as a strawman.
My understanding is that taxes in TOR are comparable to NYC, SJ, MON, etc., but somehow Dubas is the only GM who has to face this issue.
- Aug 24, 2011
- 28,798
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Just give the Leafs their extra $6 million in cap space every year and be done with it. They’d still f*** it up but at least I wouldn’t have to see these nonsense threads popping up all the time.
Check the Brayden Point thread. He's not saying there's no advantage; he's saying, and showing the numbers to prove, it's not the crazy advantage many are claiming. If someone wants to refute the numbers, great, but nobody's been able to do it yet.
Spazkat
Registered User
- Feb 19, 2015
- 4,362
- 2,277
Currently, everyone has the exact same limitations on spending. That is the textbook definition of "fair"
What you're talking about isn't "fair".. what you're asking for is special treatment from the NHL because your government charges higher taxes. How is that the NHL's problem? Why should it be the NHL and team owners problem to have to recalculate their payroll every time the tax rate changes (or the player moves since there are local taxes too)? That's absurd.
You don't see the California teams crying about taxes, and their effective tax rate is higher than pretty much everyone besides Montreal.
