Re: Green: "if the money is close, I'm coming back."
Quote:
Originally Posted by
UNT Eagles 2016
You don't have to file 30+ tax returns, do you?!? That'd be impossible! If so how do these athletes, many of them with <100 IQs, not get indicted for multiple counts of accidental tax fraud every year?
exstatic is correct - they are working on-site in different states. Each game is subject to that state's taxes. So if you play in TX, you'll probably get 45 TX games/year w/o state income tax. In CA, you'd potentially get 47 CA games a year. Top rate in CA is 13.3% I believe.
http://finance.yahoo.com/news/profes...071447565.html
So just ballpark, it probably costs you 7% more in state income taxes to play for a CA team vs. playing for a TX team.
Re: Green: "if the money is close, I'm coming back."
Hope this guy stays a Spur for life. So much respect for players like this.
Re: Green: "if the money is close, I'm coming back."
Quote:
Originally Posted by
jsandiego
exstatic is correct - they are working on-site in different states. Each game is subject to that state's taxes. So if you play in TX, you'll probably get 45 TX games/year w/o state income tax. In CA, you'd potentially get 47 CA games a year. Top rate in CA is 13.3% I believe. So just ballpark, it probably costs you 7% more in state income taxes to play for a CA team vs. playing for a TX team.
49, counting the Memphis and Florida games. Seattle moving to OKC knocks 1-2 off that, too.
Re: Green: "if the money is close, I'm coming back."
Quote:
Originally Posted by
UNT Eagles 2016
49, counting the Memphis and Florida games. Seattle moving to OKC knocks 1-2 off that, too.
Yes true about the Florida tax situation. But since I was evaluating a CA vs. TX scenario, all taxes paid in other jurisdictions/states would be a wash.
http://finance.yahoo.com/news/profes...071447565.html
Re: Green: "if the money is close, I'm coming back."
Quote:
Originally Posted by
jsandiego
Only 1 game @ Memphis every 3rd year (since non-SW division). So a slight advantage there for TX players.
Re: Green: "if the money is close, I'm coming back."
Glad to see him back and great of him to show loyalty to the franchise that made it all possible for him. Without the Spurs he probably wouldn't be playing in the NBA any more...
Re: Green: "if the money is close, I'm coming back."
Quote:
Originally Posted by
UNT Eagles 2016
Only 1 game @ Memphis every 3rd year (since non-SW division). So a slight advantage there for TX players.
Yeah good point. I also know there's offsets on federal income taxes for paying taxes in another state, but i'm not sure to what extent. It would be interesting to see some sort of chart that showed how much % you'd save between Team X and Team Y based on tax advantages.
It was also interesting - the article said a lot of Canadian hockey players move to the U.S. so they can claim our federal tax rates instead of Canada's. It saves them 13% right off the top.
You in Denton I take it? I'm in Frisco.
Re: Green: "if the money is close, I'm coming back."
Quote:
Originally Posted by
jsandiego
Yeah good point. I also know there's offsets on federal income taxes for paying taxes in another state, but i'm not sure to what extent. It would be interesting to see some sort of chart that showed how much % you'd save between Team X and Team Y based on tax advantages.
It was also interesting - the article said a lot of Canadian hockey players move to the U.S. so they can claim our federal tax rates instead of Canada's. It saves them 13% right off the top.
You in Denton I take it? I'm in Frisco.
Well I'm the analytics major here but I'm currently stalling on reading for my b-law class that I'm supposed to have read the first 4 chapters by tonight at 6pm.
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Yes, posting from Sycamore hall library at UNT. I was at that nice mall in Frisco last weekend with a friend. I need to hitch a ride back there because I want to buy some golf khaki shorts from the Vineyard Vines there.
Re: Green: "if the money is close, I'm coming back."
Quote:
Originally Posted by
UNT Eagles 2016
Well I'm the analytics major here but I'm currently stalling on reading for my b-law class that I'm supposed to have read the first 4 chapters by tonight at 6pm.
&
Yes, posting from Sycamore hall library at UNT. I was at that nice mall in Frisco last weekend with a friend. I need to hitch a ride back there because I want to buy some golf khaki shorts from the Vineyard Vines there.
Good for you. I do oil & gas attorney work, mostly out of the house. About 8 years ago, I was almost hired as Assistant General Counsel for the UNT system. It was between me and another who had a bit more experience than I did. Would've been an interesting career path, but what I do now is pretty cool too.
Re: Green: "if the money is close, I'm coming back."
Quote:
Originally Posted by
jsandiego
Good for you. I do oil & gas attorney work, mostly out of the house. About 8 years ago, I was almost hired as Assistant General Counsel for the UNT system. It was between me and another who had a bit more experience than I did. Would've been an interesting career path, but what I do now is pretty cool too.
You have a law degree? Awesome, I'm sure making six figures is the wise career path especially if you have children and everything.
Re: Green: "if the money is close, I'm coming back."
Quote:
Originally Posted by
UNT Eagles 2016
You have a law degree? Awesome, I'm sure making six figures is the wise career path especially if you have children and everything.
LOL not exactly.. there are plenty of JDs, and not enough lawyer jobs. It can be rough going out there. I'm surviving though, so it's all good.
Re: Green: "if the money is close, I'm coming back."
Quote:
Originally Posted by
Mark Celibate
Dude made the right decision staying with Spurs imho. He's a role player and a system player, it's highly questionable if he can be nearly as good elsewhere. So it was smart of him to stay in San Antonio, earning 11m/yr with the hope of getting himself another big contract a few years later, rather than expose himself in an awkward system, get bought out in a few years and play for vet minimum on random teams until retiring.
This is what I don't get, tbh. How is he start going to suck on a team when all the team needs to do is make sure he get's open looks from 3? I mean any half-competent NBA offense can generate open loooks from beyond the arc. And it's not like his D is very system dependent
Re: Green: "if the money is close, I'm coming back."
Quote:
Originally Posted by
jsandiego
LOL not exactly.. there are plenty of JDs, and not enough lawyer jobs. It can be rough going out there. I'm surviving though, so it's all good.
Getting a professional post-bacc degree isn't about "surviving", lol, it's about living comfortably without having to worry about finances/expenses affecting one's personal life. Nobody goes to law school to live paycheck to paycheck.
Re: Green: "if the money is close, I'm coming back."
Wonder if Green and the Spurs had a similar understanding to Dallas and Matthews. Like had the Spurs struck out in free agency, they would have given him more.
Re: Green: "if the money is close, I'm coming back."
That niggah Derek Anderson should look at DG when when he's searching for the meaning of loyalty!
"We ride together, we die together"