BottleOfSmoke 5,965 Report post Posted September 16, 2014 Anyone else thinking that if Alfie can't play til say December (or even retires) that it massively increases Jurco's chances of making the team? @AnsarKhanMLive: Wings' Tomas Jurco wants to show more skill, avoid going back to Grand Rapids: http://t.co/FV2N39gDVc Share this post Link to post Share on other sites
frankgrimes 1,836 Report post Posted September 16, 2014 (edited) Canadian income tax rates for Individuals - current and previous years Federal tax rates for 2014 15% on the first $43,953 of taxable income, + 22% on the next $43,954 of taxable income (on the portion of taxable income over $43,953 up to $87,907), + 26% on the next $48,363 of taxable income (on the portion of taxable income over $87,907 up to $136,270), + 29% of taxable income over $136,270. Provincial/territorial tax rates (combined chart) 11.16% on the next $69,758, + 12.16% on the next $70,000, + 13.16 % on the amount over $220,000 Plus, don't forget EI and CPP, I assume they pay that as well. Wow that's a lot of taxes thats why you need a bunch of tax lawyers if you are that rich. If Alfie's back doesn't hold up anymore he should not risk injuring it further and just hang them up nothing against him, my favorite Senator of alltime. Will be interesting to see if Jurco is ready to take the next step this season (I doubt it). I think I did show them, and I think I can show them even more," don't like that quote at all screams cocky Edited September 16, 2014 by frankgrimes Share this post Link to post Share on other sites
DatsyukianDekes 2,428 Report post Posted September 16, 2014 Wow that's a lot of taxes thats why you need a bunch of tax lawyers if you are that rich. If Alfie's back doesn't hold up anymore he should not risk injuring it further and just hang them up nothing against him, my favorite Senator of alltime. Will be interesting to see if Jurco is ready to take the next step this season (I doubt it). don't like that quote at all screams cocky Screams confident to me. 2 krsmith17 and Hey man nice shot! reacted to this Share this post Link to post Share on other sites
themcityblues 249 Report post Posted September 17, 2014 Man, if Alfie's back is tweaked before the pre-season begins how can he possibly be considered for a contract? Share this post Link to post Share on other sites
frankgrimes 1,836 Report post Posted September 17, 2014 Man, if Alfie's back is tweaked before the pre-season begins how can he possibly be considered for a contract? I don't think that's even in consideration right now. I think the team will wait and see how all of this plays out for Alfie and if things are going well he might get signed. But really that should not be important now the important thing is Alfie getting healthy and being able to enjoy a pain free life. 1 F.Michael reacted to this Share this post Link to post Share on other sites
FlashyG 1,799 Report post Posted September 17, 2014 Canadian income tax rates for Individuals - current and previous years Federal tax rates for 2014 15% on the first $43,953 of taxable income, + 22% on the next $43,954 of taxable income (on the portion of taxable income over $43,953 up to $87,907), + 26% on the next $48,363 of taxable income (on the portion of taxable income over $87,907 up to $136,270), + 29% of taxable income over $136,270. Provincial/territorial tax rates (combined chart) 11.16% on the next $69,758, + 12.16% on the next $70,000, + 13.16 % on the amount over $220,000 Plus, don't forget EI and CPP, I assume they pay that as well. It's not that simple to calculate, Most professional athletes keep a residence either in their home country or the United States which allows them to pay their taxes a little differently than the average person. Because not all of their money is earned within Canada they can only be taxed based on the income they make while playing at home or in another Canadian city. The rest of their tax would be payed to the government of the city/state/country their "official" residence is in. It all depends on what state you live in. Michigan's tax rate combined with the federal tax rate actually costs Alfredsson more than he would be paying in Ontario. On his 5.5 million contract he just finished he would have paid approximately 2.49 million in taxes. (45.3%) vs the maximum (42%) in Canada. Of course you also have to assume that professional athletes making that kind of money likely have a pretty good accountant and/or financial planner who helps them pay the lowest tax rate possible. 2 kliq and frankgrimes reacted to this Share this post Link to post Share on other sites
kliq 3,763 Report post Posted September 17, 2014 It's not that simple to calculate, Most professional athletes keep a residence either in their home country or the United States which allows them to pay their taxes a little differently than the average person. Because not all of their money is earned within Canada they can only be taxed based on the income they make while playing at home or in another Canadian city. The rest of their tax would be payed to the government of the city/state/country their "official" residence is in. It all depends on what state you live in. Michigan's tax rate combined with the federal tax rate actually costs Alfredsson more than he would be paying in Ontario. On his 5.5 million contract he just finished he would have paid approximately 2.49 million in taxes. (45.3%) vs the maximum (42%) in Canada. Of course you also have to assume that professional athletes making that kind of money likely have a pretty good accountant and/or financial planner who helps them pay the lowest tax rate possible. Even more to my point that they are taxed alot. Nice post, I learned some new info! Share this post Link to post Share on other sites
frankgrimes 1,836 Report post Posted September 17, 2014 It's not that simple to calculate, Most professional athletes keep a residence either in their home country or the United States which allows them to pay their taxes a little differently than the average person. Because not all of their money is earned within Canada they can only be taxed based on the income they make while playing at home or in another Canadian city. The rest of their tax would be payed to the government of the city/state/country their "official" residence is in. It all depends on what state you live in. Michigan's tax rate combined with the federal tax rate actually costs Alfredsson more than he would be paying in Ontario. On his 5.5 million contract he just finished he would have paid approximately 2.49 million in taxes. (45.3%) vs the maximum (42%) in Canada. Of course you also have to assume that professional athletes making that kind of money likely have a pretty good accountant and/or financial planner who helps them pay the lowest tax rate possible. Great reply thanks and something I thought, athletes are hiring so much experts it's better to pay them instead of having to pay ridiculous amount of taxes. Personally I would use some money to create a small company with some other players so I can write off lots of stuff and then have my lawyers, accountants take care of the other stuff. But in order to do that a player has to be a somewhat established one. Share this post Link to post Share on other sites
kipwinger 8,756 Report post Posted September 17, 2014 (edited) On the plus side of the Alfie news, if he's not signed then Jurco is on the roster and the team can shelf this absurd "Helm's a winger" idea. Thank god. Unless ties still go to the veteran...in which case Abby's pulling the piano again. Ugh. Edited September 17, 2014 by kipwinger Share this post Link to post Share on other sites
wings4thecup06 504 Report post Posted September 17, 2014 On the plus side of the Alfie news, if he's not signed then Jurco is on the roster and the team can shelf this absurd "Helm's a winger" idea. Thank god. Unless ties still go to the veteran...in which case Abby's pulling the piano again. Ugh. Hmm, I'd like to think that Jurco's got it nailed, as long as he has a strong camp. I'm just worried about Cleary. As long as Jurco has a strong camp though, I can't see why they'd keep him off the roster if he's played well enough. Share this post Link to post Share on other sites
sjr2012 439 Report post Posted September 20, 2014 (edited) Hmm, I'd like to think that Jurco's got it nailed, as long as he has a strong camp. I'm just worried about Cleary. As long as Jurco has a strong camp though, I can't see why they'd keep him off the roster if he's played well enough. I doubt they brought cleary back for the contract just to sit I sadly see him taken a spot over jurco and I hate that thought Edited September 20, 2014 by sjr2012 Share this post Link to post Share on other sites
Spongewingredpants 75 Report post Posted September 23, 2014 well, isn't this fun http://www.nhl.com/ice/news.htm?id=731406&navid=nhl:topheads a preseason injury in a meaningless game here is the scene https://www.youtube.com/watch?v=FOrDbW8p8-U Share this post Link to post Share on other sites
AtlantaHotWings 1,126 Report post Posted September 23, 2014 Whats a wings game without an injury But in all seriousness pause it at :36 that leg does not look good...... Share this post Link to post Share on other sites
xtrememachine1 795 Report post Posted September 23, 2014 Better now than in April. However, it would be nice if we could get through a full season without a serious injury to one of our star players. Share this post Link to post Share on other sites
Guest DeGraa55 Report post Posted September 23, 2014 WHT a surprise!!!!!! Share this post Link to post Share on other sites
Euro_Twins 4,485 Report post Posted September 23, 2014 Better now than in April. However, it would be nice if we could get through a full season without a serious injury to one of our star players. We haven't even gotten through the pre season and there's 3 injuries already Share this post Link to post Share on other sites
Nyquistfan14 489 Report post Posted September 23, 2014 We haven't even gotten through the pre season and there's 3 injuries already Helm and sproul aren't even injured Share this post Link to post Share on other sites
nawein 324 Report post Posted September 23, 2014 Helm and sproul aren't even injured Shhhhh don't you go around spreading facts and stuff now, ya hear? Share this post Link to post Share on other sites
Euro_Twins 4,485 Report post Posted September 23, 2014 Helm and sproul aren't even injured I was talking about Mantua and helm, who got a broken nose. And datsyuk of course. Share this post Link to post Share on other sites
