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Josi - Signed 7 years / $28 Million

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06-12-2013, 09:38 AM
  #76
jlsg
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Originally Posted by Predsrule View Post
How much of these 28m will be given to the government? 42%. Say what? This can't be right ...
That would be correct, assuming he doesn't do anything to reduce his tax rate (investments, charities etc).

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06-12-2013, 09:55 AM
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token grinder
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more you make, more they take

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06-12-2013, 10:05 AM
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Top 6 Spaling
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42% sounds about right, with the way things are now. Just imagine if we had a state income tax as well.

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06-12-2013, 10:54 AM
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I think he was referring to the tax rate he'll pay in Switzerland. Top rate there is 42%.

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06-12-2013, 11:37 AM
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Originally Posted by PredsV82 View Post
do you really believe that was Poile's doing? That he really approached the negotiation that way of his own accord?
Yes I believe it. He went into a big spill about "call him old fashion" but he likes to do contract negotiations face to face.

I don't think he was making this stuff up for the media and public's enjoyment. I really do think Poile has altered his approach to a degree.

Glad to see we are taking care of contracts and other things at a pace at which hasn't happened previously in our history.

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06-12-2013, 11:45 AM
  #81
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Originally Posted by jlsg View Post
That would be correct, assuming he doesn't do anything to reduce his tax rate (investments, charities etc).
Josi's federal tax rate of his earnings above 400K will be 39.6%.

If he lived in California, it'd be around 47% with state income tax.

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