|
|
wtf was the goalie doing there? |
|
Fakepartofme
Toronto Maple Leafs |
|
|
Location: Living rent free... in your head, ON Joined: 09.20.2010
|
|
|
Stupid move by the goalie |
|
dmnted
Toronto Maple Leafs |
|
|
Location: Rented to Bruce Banner ;) Joined: 08.30.2006
|
|
|
wtf was the goalie doing there? - Horsey Sauce
semi finals for Canada |
|
Fakepartofme
Toronto Maple Leafs |
|
|
Location: Living rent free... in your head, ON Joined: 09.20.2010
|
|
|
(frank) YEAH!!!
CANADA
PHEW. |
|
|
|
semi finals for Canada - dmnted
|
|
Dozzer
Referee Toronto Maple Leafs |
|
|
Location: Somewhere over the rainbow since I’m way up high Joined: 09.15.2010
|
|
|
Canada |
|
|
|
Woderwick
Toronto Maple Leafs |
|
|
Location: David Clarkson's Water Bottle, ON Joined: 02.12.2013
|
|
|
Marner for Crosby - twiztedmike
That’s twizted. |
|
GalacticStone
Toronto Maple Leafs |
|
|
Location: We shoulda let Uncle Billy finish the job. Joined: 01.29.2013
|
|
|
GalacticStone
Toronto Maple Leafs |
|
|
Location: We shoulda let Uncle Billy finish the job. Joined: 01.29.2013
|
|
|
Woderwick
Toronto Maple Leafs |
|
|
Location: David Clarkson's Water Bottle, ON Joined: 02.12.2013
|
|
|
Interesting article from a former HB blogger who happens to be a tax accountant based in Alberta.
He breaks down the so-called tax disparities in the NHL.
https://michaelistuart.su...d-the-tampa-bay-lightning - GalacticStone
I wish my comprehension was better.
I bet Drexie uses this guy. |
|
Skalapy
Toronto Maple Leafs |
|
|
Location: I'm sick of your "I play real , NC Joined: 07.11.2006
|
|
|
|
|
- Skalapy
I think most people who complain about taxes really just struggle with filling out forms. |
|
Skalapy
Toronto Maple Leafs |
|
|
Location: I'm sick of your "I play real , NC Joined: 07.11.2006
|
|
|
I think most people who complain about taxes really just struggle with filling out forms. - Horsey Sauce
i think you’re on to something🤔
this extortion racket would probably be quite pleasant if i improved my clerical skills👍🏿
what a (frank)ing joke 🤦♂️
edit: alliteration 👍🏿 |
|
The Law
Toronto Maple Leafs |
|
|
Joined: 01.29.2008
|
|
|
Interesting article from a former HB blogger who happens to be a tax accountant based in Alberta.
He breaks down the so-called tax disparities in the NHL.
https://michaelistuart.su...d-the-tampa-bay-lightning - GalacticStone
It's a good piece ..doesn't go into as much detail as some others but his initial tagline about the "tax issue" seems like clickbait to me. He starts with the idea that the tax issue is a farce but then goes on to say that the tax difference is real.
The major issue he's greying over is that the tax balance used by athletes (that gets it closer but not the same) is the RCA. The RCA is a simply income deferral ...you get paid later, sometimes much later, if and when, you live in a better tax residency.
What about players that want to stay in Canada when they retire?
What about the fact that $10M after tax dollars in my hand as a 27 yr old is better than $10M after tax dollars spread out over my 40's, 50's and 60's.
Also - RCA's are prohibited by some pro sports (eg. NBA) and the high wealth accounting community is concerned that the NHL could follow suit. JT is trying his best to rip apart high wealth tax advantages.
As he says the tax advantage is real. But I agree with him it's only one reason that a player would chose to play in location A vs. B. Is the difference 17-20% like some say ..no. But it's significant and an obvious variable for many athletes.
I've never had a big problem with it b/c there are so many variables ...some of which favour Canada. But as the Cap/salaries grow this issue is/will become more influential.
Here's a good Allan Walsh video. He interviews a guy from Octogon who does nothing but file athletes taxes. He starts with the same clickbait about taxes being a non issue but then they go on to talk about how their is a disparity. Lots of good insight if taxes are your thing. He even says it'd be fairer to have a net tax Cap in the CBA.
https://www.youtube.com/watch?v=s59A9_lSh88
|
|
Atomic Wedgie
Toronto Maple Leafs |
|
|
Location: The centre of the hockey universe Joined: 07.31.2006
|
|
|
- Skalapy
Ah yes, Florida Man mocks government on the cusp of hurricane season.
Florida Man who (iirc) was in the military. |
|
GalacticStone
Toronto Maple Leafs |
|
|
Location: We shoulda let Uncle Billy finish the job. Joined: 01.29.2013
|
|
|
It's a good piece ..doesn't go into as much detail as some others but his initial tagline about the "tax issue" seems like clickbait to me. He starts with the idea that the tax issue is a farce but then goes on to say that the tax difference is real.
The major issue he's greying over is that the tax balance used by athletes (that gets it closer but not the same) is the RCA. The RCA is a simply income deferral ...you get paid later, sometimes much later, if and when, you live in a better tax residency.
What about players that want to stay in Canada when they retire?
What about the fact that $10M after tax dollars in my hand as a 27 yr old is better than $10M after tax dollars spread out over my 40's, 50's and 60's.
Also - RCA's are prohibited by some pro sports (eg. NBA) and the high wealth accounting community is concerned that the NHL could follow suit. JT is trying his best to rip apart high wealth tax advantages.
As he says the tax advantage is real. But I agree with him it's only one reason that a player would chose to play in location A vs. B. Is the difference 17-20% like some say ..no. But it's significant and an obvious variable for many athletes.
I've never had a big problem with it b/c there are so many variables ...some of which favour Canada. But as the Cap/salaries grow this issue is/will become more influential.
Here's a good Allan Walsh video. He interviews a guy from Octogon who does nothing but file athletes taxes. He starts with the same clickbait about taxes being a non issue but then they go on to talk about how their is a disparity. Lots of good insight if taxes are your thing. He even says it'd be fairer to have a net tax Cap in the CBA.
https://www.youtube.com/watch?v=s59A9_lSh88 - The Law
I'm terrible with math and I zoned out about halfway through the article when the numbers starting kicking in.
One valid point that he did touch on was the complexity of any proposed fix in the CBA. Tax regulations vary widely from place to place and circumstance to circumstance. Fixing it in a fair and workable way seems like a steep hill to climb for organizations as big as the NHL and NHLPA.
I think what us working class schmucks have a hard time processing is just how much money these guys make and how that changes things in your life. For broke-dik motherfukkas like me, every penny counts, so any perceived tax advantage is something we will zero in on. For a gazillionaire athlete who has already earned $50m to $100m, those taxes might be important, but not as important to them as they are to us - especially since the change in their couch cushions would be a life-changing amount of money to some of us.
poop, I bet some hockey players pay more for their country club memberships than I make in a year.
|
|
Atomic Wedgie
Toronto Maple Leafs |
|
|
Location: The centre of the hockey universe Joined: 07.31.2006
|
|
|
Played 18 this morning.
About to head out to watch England game.
Mrs. Wedgie’s university BFF arrives tonight around 6 pm.
It’s going to be a looooooooooong day.
Pray for me. |
|
Canada Cup
Toronto Maple Leafs |
|
|
Location: Not here to sell jerseys , ON Joined: 07.06.2007
|
|
|
I'm terrible with math and I zoned out about halfway through the article when the numbers starting kicking in.
One valid point that he did touch on was the complexity of any proposed fix in the CBA. Tax regulations vary widely from place to place and circumstance to circumstance. Fixing it in a fair and workable way seems like a steep hill to climb for organizations as big as the NHL and NHLPA.
I think what us working class schmucks have a hard time processing is just how much money these guys make and how that changes things in your life. For broke-dik motherfukkas like me, every penny counts, so any perceived tax advantage is something we will zero in on. For a gazillionaire athlete who has already earned $50m to $100m, those taxes might be important, but not as important to them as they are to us - especially since the change in their couch cushions would be a life-changing amount of money to some of us.
poop, I bet some hockey players pay more for their country club memberships than I make in a year. - GalacticStone
I’ve always found that the rich are grateful for all the bounty they’ve received and are happy to pay back in the form of their fair share of taxes. That’s why they would never support psychopathic political candidates whose only redeeming characteristic is the promise of even lower taxes for the rich. |
|
Skalapy
Toronto Maple Leafs |
|
|
Location: I'm sick of your "I play real , NC Joined: 07.11.2006
|
|
|
Ah yes, Florida Man mocks government on the cusp of hurricane season.
Florida Man who (iirc) was in the military. - Atomic Wedgie
you’re thinking of galactic stoner🤦♂️
i’m california delta navy seal para rescue sniper man 👊🏿 |
|
Fakepartofme
Toronto Maple Leafs |
|
|
Location: Living rent free... in your head, ON Joined: 09.20.2010
|
|
|
Interesting article from a former HB blogger who happens to be a tax accountant based in Alberta.
He breaks down the so-called tax disparities in the NHL.
https://michaelistuart.su...d-the-tampa-bay-lightning - GalacticStone
So basically, Toronto gms aren't very good at negotiating with their stars.
Gotcha |
|
Fakepartofme
Toronto Maple Leafs |
|
|
Location: Living rent free... in your head, ON Joined: 09.20.2010
|
|
|
Played 18 this morning.
About to head out to watch England game.
Mrs. Wedgie’s university BFF arrives tonight around 6 pm.
It’s going to be a looooooooooong day.
Pray for me. - Atomic Wedgie
Threesome?
Nice. |
|
Fakepartofme
Toronto Maple Leafs |
|
|
Location: Living rent free... in your head, ON Joined: 09.20.2010
|
|
|
you’re thinking of galactic stoner🤦♂️
i’m california delta navy seal para rescue sniper man 👊🏿 - Skalapy
But still whining about taxes?
:😜 |
|
The Law
Toronto Maple Leafs |
|
|
Joined: 01.29.2008
|
|
|
I'm terrible with math and I zoned out about halfway through the article when the numbers starting kicking in.
One valid point that he did touch on was the complexity of any proposed fix in the CBA. Tax regulations vary widely from place to place and circumstance to circumstance. Fixing it in a fair and workable way seems like a steep hill to climb for organizations as big as the NHL and NHLPA.
I think what us working class schmucks have a hard time processing is just how much money these guys make and how that changes things in your life. For broke-dik motherfukkas like me, every penny counts, so any perceived tax advantage is something we will zero in on. For a gazillionaire athlete who has already earned $50m to $100m, those taxes might be important, but not as important to them as they are to us - especially since the change in their couch cushions would be a life-changing amount of money to some of us.
poop, I bet some hockey players pay more for their country club memberships than I make in a year. - GalacticStone
(frank) that Stonesy ..the rich are tighter with their wallets than anyone else!
|
|
The Law
Toronto Maple Leafs |
|
|
Joined: 01.29.2008
|
|
|
England on ...wife out ...
So this Marner extension takes care of itself once Draisatl and Rantanen sign, ya?
Why rush ...let the Avs give you some leverage. |
|