[Rumour] Lightning have contract extension in place for Hanifin if trade can be completed

[dino7c]

Property tax in Florida is also ridiculous
they have us on the weather though

[midniteowl]

Originally Posted by dino7c

Property tax in Florida is also ridiculous
they have us on the weather though

We have snow and they have hurricane.

[dino7c]

Originally Posted by midniteowl

And TBQH, I don't blame Edwards for it.

honestly it was good anyway

Gaudreau 10.5x8 right now, yikes

[kermitology]

Originally Posted by dino7c

honestly it was good anyway

Gaudreau 10.5x8 right now, yikes

Almost as bad as the Huberdeau deal!

[Jay Random]

Originally Posted by rhino

I’ve said this for years. If you are a Canadian player, playing in Canada and being paid in USD…. The tax differences almost become a non issue

That would be true if a Canadian dollar had the same purchasing power as a U.S. dollar.

It doesn't.

I've been saying this for years: Saying you're richer because you get paid in Canadian instead of U.S. dollars, is like saying you're taller because you get measured in centimetres instead of inches.

[dino7c]

Originally Posted by kermitology

Almost as bad as the Huberdeau deal!

Huberdeau is better, since not being saddled with pouting Lindholm he is coming around. He can at least throw a hit two.

I would rather have neither but whatever.

[Paulie Walnuts]

Originally Posted by GFG#1

My understanding is that Edwards wasn't going to let him have that option. after he walked away from the offer he had asked the Flames for.

Yup, he came crawling back and Edwards told him to go away lol.

[dino7c]

Originally Posted by Jay Random

That would be true if a Canadian dollar had the same purchasing power as a U.S. dollar.

It doesn't.

I've been saying this for years: Saying you're richer because you get paid in Canadian instead of U.S. dollars, is like saying you're taller because you get measured in centimetres instead of inches.

I got paid in USD when I worked, there are some things that are a bargain

[GioforPM]

Despite what Walsh says, the players and their reps seem to think tax havens are important considerations. And when it comes to tax deferrals, that means income deferrals as well. If you paid attention to those long Zadorov interviews they were interesting as far as what seems important to a player. It's material stuff. Guys in their 20s don't think about how much they are saving for later and how that makes sense from a tax perspective. They think about how much they put in their account today and what car they can buy with it.

[GFG#1]

Originally Posted by Tbull8

Tell that to the guy who sold all his bitcoin for a pizza

Haha it was actually 2 pizza's he has done interviews and says he doesn't regret it, it was the first ever transaction, and someone had to be first.

That said at todays rate, he paid about 500mil USD for 2 papa john's pizzas.

Thats rough!!

[Enoch Root]

Originally Posted by D as in David

Not sure I follow your argument. A pick is an asset. An asset that you will hopefully monetize. Net present value tells us the sooner you monetize an asset - all things being equal - the more value it has to you.

There is no NPV because the asset doesn't change.

Money has a PV and a FV because money grows over time.

The pick neither grows nor degrades

[rhino]

Originally Posted by Jay Random

That would be true if a Canadian dollar had the same purchasing power as a U.S. dollar.

It doesn't.

I've been saying this for years: Saying you're richer because you get paid in Canadian instead of U.S. dollars, is like saying you're taller because you get measured in centimetres instead of inches.

The players are paid in USD not CDN. A $5 million player in Calgary takes home about $567,000 less due to taxes vs Florida. However The 2,342,000 take home American is $3,313,000 CDN so don’t tell me that doesn’t balance out

[Jay Random]

Originally Posted by rhino

The players are paid in USD not CDN. A $5 million player in Calgary takes home about $567,000 less due to taxes vs Florida. However The 2,342,000 take home American is $3,313,000 CDN so don’t tell me that doesn’t balance out

It doesn't, because Canadian dollars buy less than American dollars. That's why the exchange rate isn't 1 to 1.

It's the same amount of money measured in different units. Why is this hard for anyone to understand?

[tomo]

Originally Posted by GioforPM

Despite what Walsh says, the players and their reps seem to think tax havens are important considerations. And when it comes to tax deferrals, that means income deferrals as well. If you paid attention to those long Zadorov interviews they were interesting as far as what seems important to a player. It's material stuff. Guys in their 20s don't think about how much they are saving for later and how that makes sense from a tax perspective. They think about how much they put in their account today and what car they can buy with it.

I wonder if there is a chart showing Free Agent signings in States without an income tax?

Teams in those states are Panthers, Lightning, Stars, Golden Knights, and Kraken

[activeStick]

Not much coming out now in terms of rumours... Think it'll happen soon and teams have locked it down in terms of leaks!

[memphusk]

Originally Posted by tomo

I wonder if there is a chart showing Free Agent signings in States without an income tax?

Teams in those states are Panthers, Lightning, Stars, Golden Knights, and Kraken

Isn't Nashville, Tennessee one also?

[timbit]

Originally Posted by tomo

I wonder if there is a chart showing Free Agent signings in States without an income tax?

Teams in those states are Panthers, Lightning, Stars, Golden Knights, and Kraken

You forgot the Predators!

Tennessee has no state income tax.

[Icon]

All of these states without income tax just make me ask why they don't have income tax.

[D as in David]

Originally Posted by Enoch Root

There is no NPV because the asset doesn't change.

Money has a PV and a FV because money grows over time.

The pick neither grows nor degrades

The acquiring team is giving up some asset today for a future asset. Would the asset they're giving up today not devalue over time?

Discussions about accounting theory sure must be bringing a lot of excitement to this thread.

[mrdonkey]

Originally Posted by Icon

All of these states without income tax just make me ask why they don't have income tax.

Higher sales and property taxes, lower spending on infrastructure, education, social support, and health care.

So basically a bunch of reasons that exclusively screw poor and middle class people. A rich athlete's wet dream.