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Why Dwight Howard will sign in Houston if traded here.

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by trugoy, Jul 17, 2012.

  1. zzpot

    zzpot Member

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    Not sure you are correct. The check is payed on a Franchise basis per team and home field.. ie Home office or the Toyota Center, located in an income tax free state. If what you are saying is true.. then each time a sales rep or CEO visited a franchise location in a taxable state on business they would then have to log that as a tax business visit and then pay that states income tax for visiting the franchise location...

    ARE YOU F'ING kidding me or just trying to BS everyone else.

    McDonalds. KFC. IBM. Microsoft. Apple.

    I think I made my point... it does not work that way dude.

    Ps... just stop!!

    zzpot
     
  2. JuanValdez

    JuanValdez Member

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    Terrible argument. Of course, in the past, franchise players didn't walk away from the money. They could force a S&T to get the location and the money. We now have a new CBA that closes that loophole so this is the first time the league forces the franchise player to choose between money and location. Your precedent is useless here.

    Though as precedents go, there are a number of examples of players taking less for the sake of their preferred destination, usually a hometown discount or a coat-tail ride. Barkley taking $1m for Pippen's sake. Gary Payton accepting $5n less to stay with the Sonics. Mo Taylor and Shandon Anderson taking short lowball contracts just to get away from the Clippers. A bunch of grizzled old vets taking small salaries to form a geriatric super-team only to get embarassed by their old age in the playoffs.
     
  3. DonatasFanboy

    DonatasFanboy Member

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    no, he's correct. on the main point, at least.

    (the second line about what happens if you play in state with state income tax was not quite accurate, but there are several variations)
     
  4. zzpot

    zzpot Member

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    Just for shyts and Grins... who runs Aaron Brooks 501c3 tax write off Foundation???

    Do tell Mr. I wet my bed ..AKA "juicystream" wet dream.

    Drum roll please..Bbbeeeerrrrdddddd Aaron Brooks every own Mother is paid big huge bucks to run his foundation and many other family members contract or work for the foundation.

    What does Aaron brooks foundation really do??... Hmmm Hand out 150 turkeys every Thanksgiving.!!!

    And Mr. "wet bowls juicystream" it is a legal as hell and a tax write off.

    zzpot:p:p:p
     
  5. zzpot

    zzpot Member

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    what main point?? do tell.

    I will not sleep eat or drink water till I know the main point

    zzpot.
     
  6. juicystream

    juicystream Member

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    I'm 100% correct. I do taxes for a living. I've even done taxes for a professional athlete (nobody famous, was only in the NFL for a couple of years).

    Entirely different situation with us typical employees. For most of us, out of state travel wouldn't result in us being taxed by other states, but for athletes it does. The states have all passed special laws regarding athletes that make them taxed whenever they play in their state.

    You are taxed by your home state for all income you earn. Every state gives you a credit for income taxes paid to other states. If you earn money in a state with no income taxes, you get no tax credit to offset your state income tax.

    Sorry that you know nothing about tax law.

    P.S.

    Please quit posting about **** you know nothing about.
     
  7. BHannes2BHonest

    BHannes2BHonest 2 SOLID FOR WEIRD AZZES

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    His agent will definitely make sure he has this info
     
  8. jopatmc

    jopatmc Member

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    So Dwight is saying he's gonna sit out the season...

    So what, who cares.

    We go to the lottery except this time we go there with the intent to get a top 3 pick. Shabazz, Noels, Zeller. No lose situation there.

    Then you go back to Dwight and say...here's your team and here's your contract. He says no. He's gotta find a deal. Go for it, big boy. Good luck in ATL. Good luck in Portland. We'll take our cap space and our lottery pick. This should be our gameplan going forward.

    (And I really think this is Hennigan's strategy.)
     
  9. juicystream

    juicystream Member

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    It is illegal. Once again, you prove your an idiot. You can have a charity, head it yourself, or a relative and pay them a salary. Absolutely legal. You can't however pay them way more than they are worth to the charity, nor can you set up a charity designed to benefit an individual. It is illegal.
     
  10. juicystream

    juicystream Member

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    Everything I said is 100% accurate.
     
  11. OremLK

    OremLK Member

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    Are you now switching to thinking Orlando won't trade him? Haha.

    Things are irreparable between Dwight and Orlando at this point. They can tank just was well (heck, probably better) with our package of draft picks and ability to swallow bad contracts. If they're that scared of being mediocre and not getting a high lottery pick, they can leave our young players alone and just send us Howard, Turk, and Richardson in exchange for Martin and draft picks :grin:
     
  12. zzpot

    zzpot Member

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    I will absolutely stand down.

    zzpot can now sit on the bed, eating and drinking and knowing he can now sleep better at night with his teddy bear and blankie
     
  13. DonatasFanboy

    DonatasFanboy Member

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    regarding how it's calculated for "away" games. you file in multiple states.

    the part that seems inaccurate is this: "Now, if you live in a state with income tax, your home state will tax you on that income earned outside of your home state."
    I might be misunderstanding the meaning here. But typically, the home state will not "double charge" you for "away" games if you've already paid the jock tax. Only Illinois does that.
     
  14. zzpot

    zzpot Member

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    But you can easily paper work the hell out of it to disguise any illegality of it and pay people like mad.

    It happens everyday.
     
  15. juicystream

    juicystream Member

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    You receive a tax credit. Say you Live in NY, and earn $100,000 in GA. NY will tax you for on that 100,000, say the tax ends up being $9,000. GA will tax you on it, and the tax will be $6,000. NY will deduct the $6k from the $9k leaving $3k remaining. So you pay $6K to GA, $3K to NY, & $9K total.

    Same example, but with $100k earned in Texas. There is no Texas income tax, so the NY resident receives no credit, and ends up paying $9k to NY.
     
  16. DonatasFanboy

    DonatasFanboy Member

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    yes. well, except if he lives in Chicago. I clearly misunderstood your first post.
     
  17. RyanB

    RyanB Member

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    Marc J. Spears ‏@SpearsNBAYahoo
    Lakers pushing hard to land Magic center Dwight Howard & meeting with Magic today,sources tell Y! LAL wants DH contract extension commitment
     
  18. juicystream

    juicystream Member

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    990s are available to the public. I am aware that it happens, but I don't think most do it, and it doesn't make it legal. They are more commonly used as a method to business network and create a system of you scratch my back, I'll scratch yours.
     
  19. Joshfast

    Joshfast "We're all gonna die" - Billy Sole
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    We aren't going to take back Turkoglu too Hennigan go suck it. Call his bluff Morry.
     
  20. zzpot

    zzpot Member

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    Ok...

    I'm learning

    zzpot.
     

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