How is this allowed and not more talked about? Please explain!

hokiecat said:
It is non trivial as I pointed out like a month ago.
If a player gets traded from FL to LA or LA to FL does the NHL have to adjust their salaries to account for the tax difference? If a state raises or lowers their taxes during the middle of the season, does the NHL adjust the cap. It isn't the NHL's job to make account for differences between the cities. There are also places like Winnipeg that are just plain boring; does the NHL need to further incentivize players too stay there. NBA has a cap too and players are always leaving the boring cities for LA and NYC no matter what the taxes are.
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Marginal NBA players make more money than the top NHL players, so they can afford to lose out on some of the money due to CA taxes.
 
When TooCool and I start an NHL team based on the San Gabriel Valley, we are hoping to attract Free Agents because of the area's many Asian restaurants and cafes. :lol:
 
orpheus said:
When TooCool and I start an NHL team based on the San Gabriel Valley, we are hoping to attract Free Agents because of the area's many Asian restaurants and cafes. :lol:
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Finally something that can overcome the objections of high taxes and the cost of living issue.
 
ICE24 said:
If you're a player that plays in Florida for either team and after a couple of years, you get traded out west to an CA team. Not only do you lose money due to the trade, your cost of living increases, so you get hit with a double whammy. You leave a house on the beach that you purchased for 2 mil for a house on the beach that is 1000sq ft smaller for 4 mil.

How do the Kings compete for a highly sought after UFA? Not only do you have to sell the team to the UFA, you have to sell the city, government and everything that goes with it. So different from 10 years ago. The player is different and so is the economic situation among other things. Endorsements are not in an abundance in LA for these players.
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And in the Florida/Nashville/North Carolina markets the players are doing commercials for Joe's Water Softeners & Sammy's Subs, etc. - spots for local businesses- probably not making a ton of dough, but it gets their name out there to the general public & makes them seem part of the community.

(those are the only 3 markets I can specifically remember seeing players doing local-type commercials).
 
Nyssa42 said:
And in the Florida/Nashville/North Carolina markets the players are doing commercials for Joe's Water Softeners & Sammy's Subs, etc. - spots for local businesses- probably not making a ton of dough, but it gets their name out there to the general public & makes them seem part of the community.

(those are the only 3 markets I can specifically remember seeing players doing local-type commercials).
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All the northern cities have local commercials with NHLers.
 
Bowman just ruined the Oilers with the LD contract extension. But we'll be hearing for the next 5 years how it is taxes and not gross incompetence. Maybe don't pay LD for past performance. 14 million for his 36 year old season seems like a very bad deal. And the Oilers will be paying Jack Campbell not to play for them for the rest of the decade.
 
hokiecat said:
Bowman just ruined the Oilers with the LD contract extension. But we'll be hearing for the next 5 years how it is taxes and not gross incompetence. Maybe don't pay LD for past performance. 14 million for his 36 year old season seems like a very bad deal. And the Oilers will be paying Jack Campbell not to play for them for the rest of the decade.
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LD = Larry David?
 
Histiking said:
Florida makes up for the income tax in other ways, higher prop taxes etc.
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Yes and no. They have slightly higher property taxes, but a lower sales tax. We have 2X higher gas prices, pay more for electricity. Our vehicle registration fees are 10X of what theirs are. Taxes in this state are getting worse and worse.

Below is a comparison of overall tax burdens by state. Almost a 4.5% difference between CA and FL.

Screenshot 2024-09-04 at 14-51-57 State and Local Tax Burdens by State Tax Foundation.png
 
Nyssa42 said:
And in the Florida/Nashville/North Carolina markets the players are doing commercials for Joe's Water Softeners & Sammy's Subs, etc. - spots for local businesses- probably not making a ton of dough, but it gets their name out there to the general public & makes them seem part of the community.

(those are the only 3 markets I can specifically remember seeing players doing local-type commercials).
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Been to Vegas lately?
 
symbology said:
Yes and no. They have slightly higher property taxes, but a lower sales tax. We have 2X higher gas prices, pay more for electricity. Our vehicle registration fees are 10X of what theirs are. Taxes in this state are getting worse and worse.

Below is a comparison of overall tax burdens by state. Almost a 4.5% difference between CA and FL.

View attachment 10115
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I understand we are talking about hockey players, so this map is accurate in that case, but outside of top tax brackets it doesn't hold as true. For middle 20%, CA has a similar burden (10.4%) to TX (9.9%) and FL (9.5%), and for the bottom 40%, CA is lower than both TX, and FL.
 
symbology said:
Yes and no. They have slightly higher property taxes, but a lower sales tax. We have 2X higher gas prices, pay more for electricity. Our vehicle registration fees are 10X of what theirs are. Taxes in this state are getting worse and worse.

Below is a comparison of overall tax burdens by state. Almost a 4.5% difference between CA and FL.

View attachment 10115
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TBH that sounds quite low. The way people are complaining about this on here you'd think it was at least 10 % point difference...
 
VF said:
I understand we are talking about hockey players, so this map is accurate in that case, but outside of top tax brackets it doesn't hold as true. For middle 20%, CA has a similar burden (10.4%) to TX (9.9%) and FL (9.5%), and for the bottom 40%, CA is lower than both TX, and FL.
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AH, so the rich arealmost literally sacrificed in broad daylight so that the poor have less of a tough time surviving in a generally quite expensive state to live in?? Unacceptable! So unfair!

/s
 
VF said:
I understand we are talking about hockey players, so this map is accurate in that case, but outside of top tax brackets it doesn't hold as true. For middle 20%, CA has a similar burden (10.4%) to TX (9.9%) and FL (9.5%), and for the bottom 40%, CA is lower than both TX, and FL.
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Link to data to back this up? Not saying you are wrong and this makes sense, but you are just throwing numbers out there. In the graphic I showed is gives the site where I grabbed the information.
 
Bottom line, LA area is not a huge draw anymore. Taxes, gas and utility costs aside it's just not the draw it was even 10 years ago. I'm glad I lived in MB during the 90's. Sure it took its toll on my body, however it was a great run.
 
DRice said:
itep.org

Is California Really a High-Tax State?

Key Findings For families of modest means, California is not a high-tax state. California taxes are close to the national…
itep.org itep.org
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Thank you for the link.

I read this report and I for one question their results. It sure seems to have been written to support an outcome. Comparing California apples to Florida oranges and then trying to say it shows that bananas are different in Flordia and Texas.

Looking through the orgs wikipedia page and that of its funders leads one to further believe this org functions to serve an agenda, and not an agenda of lower overall taxes. Of course they will find a way to say California does not really have high taxes.
 
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