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Player Taxes in NHL

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Old
04-08-2011, 02:52 PM
  #1
SwissHabs*
 
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Player Taxes in NHL

Hello,

Here are the taxes that pay our Canadiens in Montreal an a comparaison with other franchises


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Old
04-08-2011, 02:59 PM
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shamrun
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Originally Posted by SwissHabs View Post
Hello,

Here are the taxes that pay our Canadiens in Montreal an a comparaison with other franchises

i have said it before to be absolutely fair we need to have a a higher cap then Florida. But that wont happen i am just dreaming and all.

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Old
04-08-2011, 03:09 PM
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Born in 1909
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All I know is I had 41.02% taken off my pay today and that gas is pushing $ 1.40+ per litre.

If Wiz was smart he'd stay clear of QC

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Old
04-08-2011, 03:18 PM
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Boardish
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Rich team have to give money to the poor teams of the league. Molson's money goes directly into the non-working markets. How come the league doesn't do anything to counter the huge taxes differences? They should count salary versus the salary cap with having taxes in mind, so that every players, for the same contract, get the same salary at the end. A nearly 15% difference is HUGE.


Last edited by Boardish: 04-08-2011 at 03:25 PM.
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Old
04-08-2011, 03:21 PM
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All of the sudden Gomez doesn't seem overpaid afterall.

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Old
04-08-2011, 03:43 PM
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zecchi
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All of the sudden Gomez doesn't seem overpaid afterall.

Gomez single-handedly keeps a few ER open!

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Old
04-08-2011, 03:47 PM
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Originally Posted by Boardish View Post
Rich team have to give money to the poor teams of the league. Molson's money goes directly into the non-working markets. How come the league doesn't do anything to counter the huge taxes differences? They should count salary versus the salary cap with having taxes in mind, so that every players, for the same contract, get the same salary at the end. A nearly 15% difference is HUGE.
I agree, but its a slippery slope if you started to adjust the cap for external factors. You would have teams start to argue that the cost of living difference, travel costs...

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Old
04-08-2011, 03:49 PM
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habs_24x
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Its sick to see these guys losing half their pay to taxes.
At least New York has a similar % and everybody still wants to go there so...

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Old
04-08-2011, 03:52 PM
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And that's why we should elect a majority conservative gvt!



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Old
04-08-2011, 03:56 PM
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shutehinside
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Where did these numbers come from? They don't seem to add up as the top tax bracket in Ontario is 46.3%, not 40%.

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04-08-2011, 04:08 PM
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Little Nilan
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Quote:
Originally Posted by habs_24x View Post
Its sick to see these guys losing half their pay to taxes.
At least New York has a similar % and everybody still wants to go there so...
It really does sicken me. What guys like them really need is more money.

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Old
04-08-2011, 04:18 PM
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I feel bad from Moen and those who make less than him on our team. The others, not so much. They make enough as is...

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04-08-2011, 04:28 PM
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surprising that no one is bashing our ****** province..

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04-08-2011, 04:29 PM
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No wonder Lecavalier would rather collect his money in Tampa Bay than Montreal

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Old
04-08-2011, 04:33 PM
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Strik_IX
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There are so many ways to lower one's taxes, NHL players have enough money to pay amazing accountants. This argument comes back all the time as to why UFA's don't sign in MTL.

IMO the biggest pro and con to play here is us: the fans and the media attention (although this one is not a pro at all). It most certainly isn't the taxes, I'm sure the weather is more of a factor than the taxes too.

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Old
04-08-2011, 04:54 PM
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And that's why we should elect a majority conservative gvt!


dont make me hate you

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Old
04-08-2011, 04:59 PM
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I am now very confident that we will be able to sign Wisniewski and at a reasonable salary like 3.5M/yr.










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Old
04-08-2011, 05:06 PM
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Theosis
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I feel bad from Moen and those who make less than him on our team. The others, not so much. They make enough as is...
Hey I'd take a $750k salary per year any day

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Old
04-08-2011, 05:23 PM
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Originally Posted by Strik_IX View Post
There are so many ways to lower one's taxes, NHL players have enough money to pay amazing accountants. This argument comes back all the time as to why UFA's don't sign in MTL.

IMO the biggest pro and con to play here is us: the fans and the media attention (although this one is not a pro at all). It most certainly isn't the taxes, I'm sure the weather is more of a factor than the taxes too.
There you go

/thread

... there are so many ways to avoid paying their fair share... and they do.

Edit: Btw, they don't add to the fact that Quebecers have a 16,5% "discount" on the taxes we pay to Ottawa... we're still up, but a little less than NY.


Last edited by MTL-rules: 04-08-2011 at 05:45 PM.
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Old
04-08-2011, 05:31 PM
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Lucius
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I have a solution to an arena in Quebec and Edmonton.

Allow the Federal and Provincial Governments to divert the taxes on the actual players towards the arena.

If the payroll is $60,000,000, then that would be $28,920,000 per year. That would pay off a $400,000,000 arena in like 14 years

There is always an argument about how much extra revenue a new arena generates. Well. How about a job creation program that relocated 23 millionaires to your tax base?

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Old
04-08-2011, 05:37 PM
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I'd be surprised if they actually paid half that much money in taxes.

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Old
04-08-2011, 06:01 PM
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llamateizer
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Quote:
Originally Posted by Lucius View Post
I have a solution to an arena in Quebec and Edmonton.

Allow the Federal and Provincial Governments to divert the taxes on the actual players towards the arena.

If the payroll is $60,000,000, then that would be $28,920,000 per year. That would pay off a $400,000,000 arena in like 14 years

There is always an argument about how much extra revenue a new arena generates. Well. How about a job creation program that relocated 23 millionaires to your tax base?
so its the governement who pays the arena

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Old
04-08-2011, 06:06 PM
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DDs not undersized
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Obviously, the low taxes in Edmonton are making it a much more attractive place to play for free agents.













Edit : It would be interesting to see the same kind of table, but for a comparison of the cost of living in every NHL city. I'm pretty sure that Montreal is the cheapest place to live in. (low house prices, free hospitals, free school before university, 7$ daycare for kids, low price for electricity, etc.)

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Old
04-08-2011, 06:09 PM
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7th Player
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Quote:
Originally Posted by Lucius View Post
I have a solution to an arena in Quebec and Edmonton.

Allow the Federal and Provincial Governments to divert the taxes on the actual players towards the arena.

If the payroll is $60,000,000, then that would be $28,920,000 per year. That would pay off a $400,000,000 arena in like 14 years

There is always an argument about how much extra revenue a new arena generates. Well. How about a job creation program that relocated 23 millionaires to your tax base?
Honestly, I prefer letting the private sector paying for the arena and the govt chipping in subsidizing it and getting additional source of revenue from the team.

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Old
04-08-2011, 06:58 PM
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AK-63
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Another thing to keep in mind: RRSPs. For sure every single player can afford to maximize it at 18% every single year.

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