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11-26-2010, 01:55 PM
  #78
Hawkguy
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Quote:
Originally Posted by montreal View Post
The tax rate is 13%
That's a little more normal. I thought I remember reading somewhere here that was in the 20's.

Actually, I found an article on habsworld, where I may have read it.

Quote:
If one were to look at the main reason behind the Canadiens inability to sign marquee free agents, it would definitely revolve around the tax situation in the province of Quebec. There is nowhere else where the Canadiens suffer such a profound competitive disadvantage. When a player chooses to play for the Canadiens, he also chooses to have the highest amount of taxes subtracted from his pay. With a combined 48% tax rate (federal and provincial), Montreal is the city with the highest taxes in the entire NHL.

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