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Overextention tax

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252784.69 in reply to 252784.43
Date: 12/28/2013 4:33:12 PM
Overall Posts Rated:
536536
(252784.38)
Well you are right. Any drop in Vet's salary doesn't count. Only a raise in salary is counted into the training exemption.


v

@Sid Vicious
So essentially it is the players salary at the time you purchase them or their current salary - Which ever is the cheaper

(252784.43)
It's the players salary at the time you purchase them. It's also written in the news


Please clarify again

Riviera had a salary of about $108K when I brought him a few seasons ago, when his salary drops to $50K in a few seasons time, would the $108K figure still be the figure that is used in calculations, even though his new current salary is only $50K?

Not criticising, overall I like the change even though it has some significant ill affects upon my team



Last edited by Sid Vicious at 12/28/2013 4:33:40 PM

This Post:
00
252784.70 in reply to 252784.69
Date: 12/28/2013 5:01:12 PM
Neverwinter
CGBBL
Overall Posts Rated:
621621
Dude, check my previous post. Their logic is contradictory, but not if you can guess what they meant:

1) All the players salary in time of their purchase blah blah

2) It cannot be negative value

1) and 2) implies that you don't suffer negative training exemption from vets.

They stated 1), and assumed that the reader would assume 2) by himself. Because it's natural. The point of training exemption is to reward training.

Go learn Euclid's Geometry. It's going to make you a lot smarter :)

This Post:
11
252784.71 in reply to 252784.70
Date: 12/28/2013 5:05:47 PM
Overall Posts Rated:
536536
Their logic is contradictory,


Yes it is

but not if you can guess what they meant:


When you assume you make an ass out of u and me

Hence I gave him the Riviera example for him to use for clarification purposes

Last edited by Sid Vicious at 12/28/2013 5:06:04 PM

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This Post:
00
252784.73 in reply to 252784.72
Date: 12/28/2013 8:47:51 PM
Overall Posts Rated:
297297
I would have to believe that once you sell him you lose he exemption and he will count for as much as you bought him for recently.

This Post:
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252784.74 in reply to 252784.69
Date: 12/28/2013 8:50:37 PM
Syndicalists' BC
Naismith
Overall Posts Rated:
303303
Riviera had a salary of about $108K when I brought him a few seasons ago, when his salary drops to $50K in a few seasons time, would the $108K figure still be the figure that is used in calculations, even though his new current salary is only $50K?

His taxable salary will be $50k. I think the confusion was that folks were trying to say there won't be any negative exemptions, it'll just be his current salary.

This Post:
00
252784.75 in reply to 252784.53
Date: 12/28/2013 10:03:05 PM
Overall Posts Rated:
1818
Total Revenue: $ 186 012
Total Expenses: $ -154 193
Training Exemption: $ 40 292
Overextension: $ 0
Overextension Tax Rate: 50%
Overextension Tax Total: $ 0

I don't understand this tax. So please help me figure out what I would be paying?

This Post:
11
252784.76 in reply to 252784.75
Date: 12/28/2013 10:17:05 PM
Overall Posts Rated:
774774
If you didn't train up your players $40k and instead just bought them off the TL for their current price:

Total Revenue: $ 186 012
Total Expenses: $ -154 193
Training Exemption: $ 0
Overextension: $ 0
Overextension Tax Rate: 50%
Overextension Tax Total: $ 0

You wouldn't pay a dime because your expenses are lower than your revenue.

Let's say your expenses were $ -190 000 however.

With a) you would be exempt 40k and wouldn't pay tax. You would be safe from tax for up to ~226k.
With b) you would exceed your revenue by ~4k, so you would pay 50% on that which is ~2k for a total of ~6k.

Last edited by Kumiko (CAN U21) at 12/28/2013 10:18:27 PM

If you remember me, then I don't care if everyone else forgets.
From: Hunterz
This Post:
33
252784.77 in reply to 252784.76
Date: 12/28/2013 11:04:23 PM
Overall Posts Rated:
164164
Am I the only one who thinks this tax changes nothing in regards to teams buying championships?
All we accomplished is the teams buying championships will have at least had to train a couple of their players. In fact this change makes it easier to do so; spend a couple seasons training and build your bank and a nice exemption then buy a title that the other idiot who didn't train can no longer afford. Yay

And why is everyone so excited for this when it doesn't affect teams that are profitable? Is every poster in this thread running a team in the red or are you all just excited at the idea of how easy it will be to buy a championship when your trainees and bank are ready for the big push?

I see no benefit from this. it simply changes who will take advantage of the system rather than tackling the root cause.
And fyi for those that will attack me, I have a 90k training exemption so this would benefit me greatly and I still think its a worthless change.

This Post:
00
252784.78 in reply to 252784.77
Date: 12/29/2013 9:38:25 AM
Overall Posts Rated:
129129
Nice analysis. I too fail to see what the big deal is about this change. Many of us have asked for some things that will actually help managers, things like auto-bidding and more rewards for the teams that consistently produce and maintain well-run successful clubs. This does neither.

Pappy
This Post:
00
252784.79 in reply to 252784.78
Date: 12/29/2013 9:43:15 AM
Overall Posts Rated:
129129
And now I see that because I had such a shitty opening night crowd—for no reason whatsoever—I'm ticketed for an "overextension" tax, what BS! If this kind of "stuff" is supposed to help bring in new managers—and help keep us oldtimers—BB might be in for a rude awakening.

Pappy
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