07-11-2022, 02:43 PM
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#7161
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Franchise Player
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Quote:
Originally Posted by Manhattanboy
Interesting how people with no first hand knowledge use words like guarantee and assure. Trump is good at that.
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I have first hand knowledge.
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07-11-2022, 02:43 PM
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#7162
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Franchise Player
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I know a few very wealthy Canadians who recently became residents of California to avoid Canadian taxes going forward.
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07-11-2022, 02:44 PM
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#7163
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Franchise Player
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Quote:
Originally Posted by Jason14h
I have first hand knowledge.
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Oh. Well then.
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07-11-2022, 02:47 PM
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#7164
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Franchise Player
Join Date: May 2016
Location: ATCO Field, Section 201
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Quote:
Originally Posted by Manhattanboy
Interesting how people with no first hand knowledge use words like guarantee and assure. Trump is good at that.
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WTF does this have to do with the NHL? Why are folks determined to make everything about politics?
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07-11-2022, 02:49 PM
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#7165
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Crash and Bang Winger
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A lot of this is way less impactful for pro athletes than average people. That higher gas or food bill just doesn't hit the same for the millionaire.
It all comes down to taxes. Its the single largest consideration (even more league minimum, it's a six figure difference in net income). That's what they're looking at by and large. When you're Johnny and you're comparing states, he isn't looking at the price of gas or the cost of home ownership. He's looking at the 7 figure difference in take-home pay.
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07-11-2022, 02:55 PM
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#7166
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First Line Centre
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Quote:
Originally Posted by TheIronMaiden
WTF does this have to do with the NHL? Why are folks determined to make everything about politics?
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It's something people do to others to make them feel like ####
__________________
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07-11-2022, 02:57 PM
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#7167
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Franchise Player
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Quote:
Originally Posted by The Cobra
Cost of living in Canada is much higher.
Johnny is not making anything close to that in Canada for endorsements. Almost no player does, on an elite few. Same for the States..
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No, it isn’t.
Health insurance for a family of four is not $25k in Canada.
Plus, he’s going to be making $80M off this next deal regardless - let’s not talk about cost of living like it’s something that affects him in any perceptible way.
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07-11-2022, 03:00 PM
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#7168
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Franchise Player
Join Date: Jun 2004
Location: SW Ontario
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Quote:
Originally Posted by Manhattanboy
I know a few very wealthy Canadians who recently became residents of California to avoid Canadian taxes going forward.
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California seems like a weird choice if you are moving for taxes.
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07-11-2022, 03:01 PM
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#7169
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Franchise Player
Join Date: Apr 2008
Location: CGY
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This is a ridiculous sidebar discussion.
Cost of living is not a problem for someone who will eclipse $100M in career earnings after this next contract is done.
Johnny might not want to stay in Canada and prefers playing in his home country. Listening to a few podcasts it is more and more about the money being irrelevant and Johnny maybe just wants to play closer to home.
Lots of comparisons to the Tavares situation right down to our own Dissentowner having the exact same take. I really hope it is different but the news so far today has pretty much all the media leaning toward Johnny leaving
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07-11-2022, 03:02 PM
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#7170
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Franchise Player
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Quote:
Originally Posted by Manhattanboy
I know a few very wealthy Canadians who recently became residents of California to avoid Canadian taxes going forward.
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The wealthy live in California because it’s where the other wealthy people live, because it’s one of the most desirable locations on Earth.
California’s taxes are higher than everywhere in Canada except Quebec.
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07-11-2022, 03:02 PM
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#7171
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Franchise Player
Join Date: Apr 2022
Location: California
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Quote:
Originally Posted by PeteMoss
California seems like a weird choice if you are moving for taxes.
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Wealth and income are very different things.
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07-11-2022, 03:03 PM
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#7172
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Lifetime Suspension
Join Date: Jan 2014
Location: victoria
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Quote:
Originally Posted by GreenLantern2814
The wealthy live in California because it’s where the other wealthy people live, because it’s one of the most desirable locations on Earth.
California’s taxes are higher than everywhere in Canada except Quebec.
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The wealthy have been leaving California in record numbers.
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07-11-2022, 03:03 PM
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#7173
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All I can get
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Quote:
Originally Posted by GreenLantern2814
The wealthy live in California because it’s where the other wealthy people live, because it’s one of the most desirable locations on Earth.
California’s taxes are higher than everywhere in Canada except Quebec.
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Californy is the place you want to be.
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07-11-2022, 03:03 PM
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#7174
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Franchise Player
Join Date: Jun 2004
Location: SW Ontario
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Quote:
Originally Posted by GreenLantern2814
The wealthy live in California because it’s where the other wealthy people live, because it’s one of the most desirable locations on Earth.
California’s taxes are higher than everywhere in Canada except Quebec.
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If someone announces they are moving because of tax reasons.. 99% of the time its some kind of political statement.
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07-11-2022, 03:05 PM
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#7175
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Franchise Player
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Quote:
Originally Posted by Fuzzy14
A lot of this is way less impactful for pro athletes than average people. That higher gas or food bill just doesn't hit the same for the millionaire.
It all comes down to taxes. Its the single largest consideration (even more league minimum, it's a six figure difference in net income). That's what they're looking at by and large. When you're Johnny and you're comparing states, he isn't looking at the price of gas or the cost of home ownership. He's looking at the 7 figure difference in take-home pay.
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True. But when you factor in the exchange rate, doesn't it more or less balance out?
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07-11-2022, 03:08 PM
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#7176
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Franchise Player
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Quote:
Originally Posted by Reggie Dunlop
Californy is the place you want to be.
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Nice quote, although I believe it "where you oughta be".
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07-11-2022, 03:11 PM
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#7177
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Franchise Player
Join Date: Oct 2001
Location: Vancouver
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Quote:
Originally Posted by GreenLantern2814
The wealthy live in California because it’s where the other wealthy people live, because it’s one of the most desirable locations on Earth.
California’s taxes are higher than everywhere in Canada except Quebec.
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Lol... no kidding. Nobody moves to California for a better cost of living. The wealthy move there for lifestyle reasons. If I was a millionaire several times over, I'd probably pay the price to be there too.
__________________
"A pessimist thinks things can't get any worse. An optimist knows they can."
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07-11-2022, 03:20 PM
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#7178
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Franchise Player
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Quote:
Originally Posted by FlamesAddiction
Lol... no kidding. Nobody moves to California for a better cost of living. The wealthy move there for lifestyle reasons. If I was a millionaire several times over, I'd probably pay the price to be there too.
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My understanding is that California is quite favourable tax-wise compared to other states such as Texas, Arizona and Florida.
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07-11-2022, 03:21 PM
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#7179
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Everyone's Favorite Oilfan!
Join Date: Aug 2005
Location: San Jose, California
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I live in California and most of what is said is true. We bought a single family home here last year and it's crazy expensive to live here even on 2 high income salaries but real estate definitely appreciates quickly. It's insane how much things have appreciated in the last year.
We have 2 young boys now (3 years, and 1 week old) and love the quality of life for them. It's honestly unbeatable. The weather, amount of events etc there are to do here is amazing. I lived in 3 cities in Alberta until age 25 and initially I thought I would miss it but it's been more than a decade now and it was the best decision I ever made (honestly I wish I moved a few years sooner).
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07-11-2022, 03:22 PM
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#7180
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Franchise Player
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Quote:
Originally Posted by Cole436
It's something people do to others to make them feel like ####
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Apologies to Jason if I offended with the Trump comment. That was not my intent.
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