Quote:
Originally Posted by squiggs96
I've written on the topic a few times, but here was my post from last June when discussing Brad Richards going to NYR. Any new tax changes would alter these slightly.
Why would he pay more in taxes in Calgary? With the Bush tax cuts expiring January 1, 2013, the highest marginal rate in the US returned to 39.6%. Alberta has the lowest personal tax rate in Canada at 39%. Flames and Oilers players receive the highest after-tax income of any of the 30 NHL teams, including Florida and Tampa Bay. Alberta also has much lower property taxes than Florida, receive free health care, and don't pay a 0.9% tax on income over $200,000.
Fun fact, a player in Montreal will take home the least amount of after-tax dollars. The three California teams are next, with Toronto being the fifth worst.
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Can't imagine that a hockey's players family would be waiting in line for Canadian health care rather than going to a Mayo Clinic. The health expense would likely be tax deductible and the player would end up getting it half paid for with his Canadian tax break.