Popular Post Jester13 Posted March 24, 2022 Popular Post Share Posted March 24, 2022 https://streamable.com/3ms62c Someone posted this in Reddit and I thought it's worth sharing these guys' thoughts on why Vancouver was the only Canadian team they left off of their no-trade lists. Spoiler: taxes 100% comes into play, but they said regarding Vancouver: "At least you get to live in Vancouver." 18 Link to comment Share on other sites More sharing options...
Popular Post Alflives Posted March 24, 2022 Popular Post Share Posted March 24, 2022 1 minute ago, Jester13 said: https://streamable.com/3ms62c Someone posted this in Reddit and I thought it's worth sharing these guys' thoughts on why Vancouver was the only Canadian team they left off of their no-trade lists. Spoiler: taxes 100% comes into play, but they said regarding Vancouver: "At least you get to live in Vancouver." Best city in the world. 8 3 10 2 1 Link to comment Share on other sites More sharing options...
Warhippy Posted March 24, 2022 Share Posted March 24, 2022 5 minutes ago, Jester13 said: https://streamable.com/3ms62c Someone posted this in Reddit and I thought it's worth sharing these guys' thoughts on why Vancouver was the only Canadian team they left off of their no-trade lists. Spoiler: taxes 100% comes into play, but they said regarding Vancouver: "At least you get to live in Vancouver." Ryan's last statement is a teller for sure. I think if you're from the US it's a no brainer you're going back to the US. Let's keep that in mind on top of the taxation when we're looking at Millers potential next contract. he might very well not want to be here. This is a sentiment shared fairly widely around the league it seems. Taxes and nation of origin are huge factors for players. 1 1 Link to comment Share on other sites More sharing options...
King Heffy Posted March 24, 2022 Share Posted March 24, 2022 I wouldn't mind hiring Ryan if he's interested in sticking with hockey now that his NHL career is over. He'd have a lot to offer as a mentor. 2 Link to comment Share on other sites More sharing options...
Popular Post Jester13 Posted March 24, 2022 Author Popular Post Share Posted March 24, 2022 1 minute ago, Warhippy said: Ryan's last statement is a teller for sure. I think if you're from the US it's a no brainer you're going back to the US. Let's keep that in mind on top of the taxation when we're looking at Millers potential next contract. he might very well not want to be here. This is a sentiment shared fairly widely around the league it seems. Taxes and nation of origin are huge factors for players. True, but I have a feeling that Miller wants to stay in Vancouver. Him and his family truly do love the city, the team, and the fans, and I really think this is the best place for him. He has such an important role with our team, and if he goes elsewhere he'll be the new guy and not have as much influence. He's really thrived this year, and I think it's because he's taken such a larger leadership role over the course of the season. If we offer him something fair, and with how our team is coming together, I see no reason why he would want to uproot everything with all of the above points mentioned. 7 1 1 2 Link to comment Share on other sites More sharing options...
Jester13 Posted March 24, 2022 Author Share Posted March 24, 2022 4 minutes ago, 6of1_halfdozenofother said: I'll admit I haven't watched/listened to this yet, but wasn't Bobby Ryan on the Sens at one point? For a long time, yes. He's liking speaking about being traded from Ottawa elsewhere, when he was able to submit a no-trade list. Imagine how much money he gave to taxes during his long stint in Ottawa. Taxes are something that the league might want to think about addressing - if they haven't already - and finding a way to create more parity. It does seem unfair to a lot of teams (not just Canadian, as both mentioned the California teams as well) that low-tax states are able to attract the best players and sign them for less to create more competitive teams. 1 1 1 1 Link to comment Share on other sites More sharing options...
Baggins Posted March 24, 2022 Share Posted March 24, 2022 13 minutes ago, Alflives said: Best city in the world. Actually they said it was because Vancouver was close to their home. 1 Link to comment Share on other sites More sharing options...
Popular Post Alflives Posted March 24, 2022 Popular Post Share Posted March 24, 2022 2 minutes ago, Baggins said: Actually they said it was because Vancouver was close to their home. Best city in world too. not even close. 4 1 3 Link to comment Share on other sites More sharing options...
Popular Post JM_ Posted March 24, 2022 Popular Post Share Posted March 24, 2022 Just now, Alflives said: Best city in world too. not even close. Careful now, you might get accused of being toxic. 9 Link to comment Share on other sites More sharing options...
Jester13 Posted March 24, 2022 Author Share Posted March 24, 2022 2 minutes ago, Alflives said: Best city in world too. not even close. Alf, how would you know when you've never left the bottle? 3 Link to comment Share on other sites More sharing options...
bigbadcanucks Posted March 24, 2022 Share Posted March 24, 2022 12 minutes ago, Jester13 said: https://streamable.com/3ms62c Someone posted this in Reddit and I thought it's worth sharing these guys' thoughts on why Vancouver was the only Canadian team they left off of their no-trade lists. Spoiler: taxes 100% comes into play, but they said regarding Vancouver: "At least you get to live in Vancouver." Truth to that. Even a putz like me who doesn't make a fraction of what NHL players or any pro athletes make lived in Edgewater, New Jersey when I was working in New York City in the early 2000s. Additionally, as a non-resident it's better to have property in no state tax jurisdictions. I sold my place in Lake Tahoe and purchased a sprawling condo off the south end of Las Vegas Blvd. and the benefits from a financial perspective is huge. Only reason why I'm still living in White Rock is because my wife wants to live here and raise our son in Canada. And in the end, my wife always gets her way and Metro Vancouver is probably one of the top three places to live anywhere in the world. 2 1 Link to comment Share on other sites More sharing options...
Nuxfanabroad Posted March 24, 2022 Share Posted March 24, 2022 How great was it 4 or 5 decades back, when you could buy a decent home in a lil' community like White Rock, for perhaps 1 or 2 yrs of a professional salary? I KNOW them days are long gone..yet it seems now even nostalgia is expensive :^( 1 Link to comment Share on other sites More sharing options...
Jester13 Posted March 24, 2022 Author Share Posted March 24, 2022 Just now, Nuxfanabroad said: How great was it 4 or 5 decades back, when you could buy a decent home in a lil' community like White Rock, for perhaps 1 or 2 yrs of a professional salary? I KNOW them days are long gone..yet it seems now even nostalgia is expensive :^( Back when wages were $3/hour 1 Link to comment Share on other sites More sharing options...
higgyfan Posted March 24, 2022 Share Posted March 24, 2022 4 minutes ago, Jester13 said: Back when wages were $3/hour Yet most boomers own their own home, while most millennials don't. Throwing huge amounts of money at rental accommodations (if you can find one) is a horrible alternative. 1 1 Link to comment Share on other sites More sharing options...
Dekey Pete Posted March 24, 2022 Share Posted March 24, 2022 17 minutes ago, Jester13 said: For a long time, yes. He's liking speaking about being traded from Ottawa elsewhere, when he was able to submit a no-trade list. Imagine how much money he gave to taxes during his long stint in Ottawa. Taxes are something that the league might want to think about addressing - if they haven't already - and finding a way to create more parity. It does seem unfair to a lot of teams (not just Canadian, as both mentioned the California teams as well) that low-tax states are able to attract the best players and sign them for less to create more competitive teams. Take the salary cap and gross it up by whatever the top tax rate is for that jurisdiction. Set a base rate each year based on whatever the minimum tax rate across the NHL is. Florida for example just pays federal tax, so let's say the base is 37% (the top US federal rate). In BC our combined top tax rate is 53.5%, 16.5% higher than Florida. So basically we should get to add that extra 16.5% to our cap room each year to keep things competitive across the league. This would never happen though. It would ruin the sunshine state teams (since nobody cares about hockey there now, imagine if their teams weren't effectively gifted that extra 16.5% in cap). It shouldn't surprise you that a lot of the southern expansion teams also happen to be the lowest taxed jurisdictions in the US. That's why we'll never see true parity. 1 1 1 Link to comment Share on other sites More sharing options...
Jester13 Posted March 24, 2022 Author Share Posted March 24, 2022 3 minutes ago, higgyfan said: Yet most boomers own their own home, while most millennials don't. Throwing huge amounts of money at rental accommodations (if you can find one) is a horrible alternative. This is a debate I certainly don't want to go down, ha! I don't think I'll be too popular with my stance on the struggles of younger generations (and I'm part of this younger generation). Link to comment Share on other sites More sharing options...
Jester13 Posted March 24, 2022 Author Share Posted March 24, 2022 1 minute ago, Dekey Pete said: Take the salary cap and gross it up by whatever the top tax rate is for that jurisdiction. Set a base rate each year based on whatever the minimum tax rate across the NHL is. Florida for example just pays federal tax, so let's say the base is 37% (the top US federal rate). In BC our combined top tax rate is 53.5%, 16.5% higher than Florida. So basically we should get to add that extra 16.5% to our cap room each year to keep things competitive across the league. This would never happen though. It would ruin the sunshine state teams (since nobody cares about hockey there now, imagine if their teams weren't effectively gifted that extra 16.5% in cap). It shouldn't surprise you that a lot of the southern expansion teams also happen to be the lowest taxed jurisdictions in the US. That's why we'll never see true parity. Yup, that would be the way to do it, but until owners get together to make change it'll never happen. I guess the one thing to keep in mind is that money isn't everything to a lot of players. There are countless examples we could come up with where players signed with their teams with high tax when they could've gone elsewhere, simply because they want to win or like where they're at. Once you're a multi-millionaire, you'd have to be quite selfish to care about another million or two - 50 million vs 48 million, I mean, really? I think at that point it comes down to agents and the union culture of a higher tide raises all ships. Link to comment Share on other sites More sharing options...
IBatch Posted March 24, 2022 Share Posted March 24, 2022 34 minutes ago, Jester13 said: For a long time, yes. He's liking speaking about being traded from Ottawa elsewhere, when he was able to submit a no-trade list. Imagine how much money he gave to taxes during his long stint in Ottawa. Taxes are something that the league might want to think about addressing - if they haven't already - and finding a way to create more parity. It does seem unfair to a lot of teams (not just Canadian, as both mentioned the California teams as well) that low-tax states are able to attract the best players and sign them for less to create more competitive teams. He paid just about as much as he would in Vancouver. Link to comment Share on other sites More sharing options...
Popular Post Warhippy Posted March 24, 2022 Popular Post Share Posted March 24, 2022 35 minutes ago, Jester13 said: For a long time, yes. He's liking speaking about being traded from Ottawa elsewhere, when he was able to submit a no-trade list. Imagine how much money he gave to taxes during his long stint in Ottawa. Taxes are something that the league might want to think about addressing - if they haven't already - and finding a way to create more parity. It does seem unfair to a lot of teams (not just Canadian, as both mentioned the California teams as well) that low-tax states are able to attract the best players and sign them for less to create more competitive teams. I would like to see something where they take the highest taxed areas and then make that the benchmark. Players playing in areas with lower or no tax issues would then kick in a percentage of their $$ towards the players injury or retirement fund. So Stamkos and his "team friendly contract" would now be getting hit as hard as anyone in Vancouver or New York. Kessel, same thing. Benn/Seguin. Yup. Make it equal because teams like the Jets or Jackets already have a near impossible time competing with New York area teams due to the big city life, California, Florida due to their weather and climate. Make it equal. 3 2 1 Link to comment Share on other sites More sharing options...
Jester13 Posted March 24, 2022 Author Share Posted March 24, 2022 5 minutes ago, IBatch said: He paid just about as much as he would in Vancouver. But at least he would get to live in Vancouver Link to comment Share on other sites More sharing options...
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