OT: Washington is going to have a hard time with NIL

[Caliknight]

Along with free agents for their pro teams. Only a matter of time before NJ makes this idiotic move.

New Washington tax law could affect Seahawks, Schneider says

Seattle Seahawks general manager John Schneider said he believed Washington state's new income tax on high earners would eventually have a negative impact on the team's ability to sign free agents.

www.espn.com

 

[Fat Koko]

Along with free agents for their pro teams. Only a matter of time before NJ makes this idiotic move.

New Washington tax law could affect Seahawks, Schneider says

Seattle Seahawks general manager John Schneider said he believed Washington state's new income tax on high earners would eventually have a negative impact on the team's ability to sign free agents.

www.espn.com

Been an issue in the NHL for decades. Many hockey players prefer to play for US over Canadian teams but not just because of tax. Weather and culture factor in too.

NJ's income tax has been in place for 50+ years.

I doubt Washington State's new income tax will meaningfully impact the sports teams there. Maybe comes into negotiations for a few superstars. Median pay of Seahawks player is $1.2 million so most of the roster probably doesn't care about the new law. Most NFL players care about getting and keeping a roster spot more than anything else.

 

[Retired711]

Along with free agents for their pro teams. Only a matter of time before NJ makes this idiotic move.

New Washington tax law could affect Seahawks, Schneider says

Seattle Seahawks general manager John Schneider said he believed Washington state's new income tax on high earners would eventually have a negative impact on the team's ability to sign free agents.

www.espn.com

NJ and Washington are in different situations. NJ has a state income tax that virtually everyone pays. The rate for millionaires is actually higher than Washington: 10.75%. The distinctive thing about Washington is that this new income tax applies *only* to people making $1 million or more. So it singles out a small group (20,000 households) in a way that NJ does not.

 

[Caliknight]

NJ and Washington are in different situations. NJ has a state income tax that virtually everyone pays. The rate for millionaires is actually higher than Washington: 10.75%. The distinctive thing about Washington is that this new income tax applies *only* to people making $1 million or more. So it singles out a small group (20,000 households) in a way that NJ does not.

Not yet. Blue states will be singling those people out. Ca is talking about doing it. Once they do, NJ will fall right in line.

If @MCRU93 likes this post with any emoji he's confirming he's a dude who digs dudes!

 

[Retired711]

Not yet. Blue states will be singling those people out. Ca is talking about doing it. Once they do, NJ will fall right in line.

The California proposal is completely different. That proposal (which would appear on the ballot) would tax the net worth (not income) of the 200 people in California. with more than $1 billion in wealth. That's so extreme that even Governor Gavin Newsom is working to defeat it.

 

[NotInRHouse]

Yeah we can see how poorly the CA schools and Oregon are doing with the highest income tax in the country LMAO

Meanwhile UF and FSU with no income tax are having such wonderful results LOL

I guess we can they're "obliterated"

 

[RUtrumpet92_rivals498139]

Oregon gets players with Nike money.

I see state/local taxes being an issue more for pro sports free agents. Merrill Kelly just admitted he signed with Arizona instead of the Padres because of the CA state tax.

 

[Retired711]

Yeah we can see how poorly the CA schools and Oregon are doing with the highest income tax in the country LMAO

Meanwhile UF and FSU with no income tax are having such wonderful results LOL

I guess we can they're "obliterated"

As it happens, U. Florida and Florida State have far higher U.S. news rankings than U. Oregon . In fact, U. Florida has a higher U.S. News ranking than, Rutgers-New Brunswick, and Florida State isn't far behind. The reason is that Florida has scholarship programs that give a lot of aid to Florida high school graduates that stay in-state. In addition, in-state tuition at these schools is substantially less than at Rutgers. When I was a high school kid in Florida almost sixty years ago, Florida's public universities weren't good at all, but clearly that's changed.

(I have a low opinion of U.S. news rankings, but since everybody else relies on them, I feel free to cite them here.)

 

[NotInRHouse]

As it happens, U. Florida and Florida State have far higher U.S. news rankings than U. Oregon . In fact, U. Florida has a higher U.S. News ranking than, Rutgers-New Brunswick, and Florida State isn't far behind. The reason is that Florida has scholarship programs that give a lot of aid to Florida high school graduates that stay in-state. In addition, in-state tuition at these schools is substantially less than at Rutgers. When I was a high school kid in Florida almost sixty years ago, Florida's public universities weren't good at all, but clearly that's changed.

(I have a low opinion of U.S. news rankings, but since everybody else relies on them, I feel free to cite them here.)

I meant in sports, as I am pretty sure that was OP's moronic point. But even in academics, as you well know, you can't beat the UC system, and it has a ton of great schools even beyond UCLA and Berkeley.

Oregon and Nebraska are no doubt the academic lagards of the conference but my point was that Oregon's high income tax hasn't impeded them with NIL in any way.

IF the thought was that players act like OP claims (LOL) teams in Florida would be the leading the country in football. They are not.

 

[NotInRHouse]

Oregon gets players with Nike money.

I see state/local taxes being an issue more for pro sports free agents. Merrill Kelly just admitted he signed with Arizona instead of the Padres because of the CA state tax.

I am simply stunned that players are not choosing Nevada and USF over Oregon because of the tax implications!

 

[Retired711]

I meant in sports, as I am pretty sure that was OP's moronic point. But even in academics, as you well know, you can't beat the UC system, and it has a ton of great schools even beyond UCLA and Berkeley.

Oregon and Nebraska are no doubt the academic lagards of the conference but my point was that Oregon's high income tax hasn't impeded them with NIL in any way.

IF the thought was that players act like OP claims (LOL) teams in Florida would be the leading the country in football. They are not.

If your point was about sports, then why did you cite the UC schools?

 

[Anon1754923206]

Tax and spend…the fastest way to prosperity…taxing!

 

[RUTGERS95]

should be a flat tax, progressive taxes are inherently discriminatory

 

[RUforester72]

Along with free agents for their pro teams. Only a matter of time before NJ makes this idiotic move.

New Washington tax law could affect Seahawks, Schneider says

Seattle Seahawks general manager John Schneider said he believed Washington state's new income tax on high earners would eventually have a negative impact on the team's ability to sign free agents.

www.espn.com

No one mentioned that the Washington State constitution prohibits an income tax. This likely will get thrown out in the state Supreme Court. The arrogance of some politicians!

 

[RU#1fan]

should be a flat tax, progressive taxes are inherently discriminatory

 

[RUTGERS95]

No one mentioned that the Washington State constitution prohibits an income tax. This likely will get thrown out in the state Supreme Court. The arrogance of some politicians!

politicians need to be held personally responsible for this nonsense as it's a gross waste of taxpayer dollars

 

[RUtrumpet92_rivals498139]

I am simply stunned that players are not choosing Nevada and USF over Oregon because of the tax implications!

Duh. Oregon offer (much more net $$$ even after taxes, plus one of the top two conferencs and a top 10 contender) vs. Nevada or USF.

What about Kelly saying that is why he left the Padres? No comment?

 

[NotInRHouse]

If your point was about sports, then why did you cite the UC schools?

My original post said CA schools, not only UC schools. You responded about academics.

The OP's idiotic claim was that players will choose schools because of taxes.

Taking a look at the records of schools in CA and OR, I see pretty solid results from USC (which he feigns affiliation to) and Oregon, and absolutely horrid results out of UF and FSU in football.

If the (laughable) thought is players are choosing schools because of taxation, it is without any foundation.

 

[koleszar]

Duh. Oregon offer (much more net $$$ even after taxes, plus one of the top two conferencs and a top 10 contender) vs. Nevada or USF.

What about Kelly saying that is why he left the Padres? No comment?

Yeah, that was a pretty stupid comparison. You just can't include the NIKE owned empire in any discussion when it comes to NIL. It's an endless piggybank.

 

[NotInRHouse]

Duh. Oregon offer (much more net $$$ even after taxes, plus one of the top two conferencs and a top 10 contender) vs. Nevada or USF.

What about Kelly saying that is why he left the Padres? No comment?

Do the Padres have NIL? News to me.

But I'm so glad you mentioned CA taxation. I don't really follow baseball much, but don't the Dodgers have a dynasty brewing. So seems like whatever is happening in CA it is working.

Let's look at other pro sports. Ah yes, NFL Super Bowl winners let's see- oh right Seattle Seahawks? Down goes another talking point.

I guess you can have OKC and the Florida Panthers. But then we'd have to look again at OP's idiocy. UF and FSU are doing horribly in the NIL football era.

I just can't believe the same people try to create political threads and then only own themselves in the process. again and again...

 

[NotInRHouse]

Yeah, that was a pretty stupid comparison.

Either taxes matter in NIL (OP's laughable argument) or they don't.

Oregon has the highest income tax in the country. Yet, Oregon is consistently a top 10 team.

Argument demolished.

OTOH, Florida has no income tax. Its two best historic programs, UF and FSU, are historically terrible.

Argument worsened further.

Happy to look further at more states. Because trust me, it only gets dumber. We can compare CA schools, the next up in income tax. We can compare Georgia to Florida or other states with no income tax. It's really dumb. But then again, when you see who tried to troll, after their own failed experiment with their own failed board...kinda all comes together. Must have been the CA taxation that ruined it, LOL.

And we can talk pros too. Let's drive up two 2 hours north of the Padres on the 405, will we come across repeat champions with the same taxation? Durr....

 

[koleszar]

Either taxes matter in NIL (OP's laughable argument) or they don't.

Oregon has the highest income tax in the country. Yet, Oregon is consistently a top 10 team.

Argument demolished.

OTOH, Florida has no income tax. Its two best historic programs, UF and FSU, are historically terrible.

Argument worsened further.

Happy to look further at more states. Because trust me, it only gets dumber. We can compare CA schools, the next up in income tax. We can compare Georgia to Florida or other states with no income tax. It's really dumb. But then again, when you see who tried to troll, after their own failed experiment with their own failed board...kinda all comes together. Must have been the CA taxation that ruined it, LOL.

And we can talk pros too. Let's drive up two 2 hours north of the Padres on the 405, will we come across repeat champions with the same taxation? Durr....

You're including the NIKE empire in your argument. It's an endless piggybank. If they have to overspend on a player it's a rounding error to them. And USC's record over the last 10 years excluding the COVID year is 80-51. Not exactly USC standards and they haven't been in a National Title conversation since 2008. UCLA they're an abomination, want to talk about Cal or Oregon St.?

 

[Retired711]

My original post said CA schools, not only UC schools. You responded about academics.

The OP's idiotic claim was that players will choose schools because of taxes.

Taking a look at the records of schools in CA and OR, I see pretty solid results from USC (which he feigns affiliation to) and Oregon, and absolutely horrid results out of UF and FSU in football.

If the (laughable) thought is players are choosing schools because of taxation, it is without any foundation.

Which CA school? USC?

Anyway, this entire thread is speculative until we start seeing a lot of large NIL contracts -- most to date have been small. The Washington tax with which this thread started applies only to incomes more than $1 million. Only a very few players are pulling down that much.

 

[NotInRHouse]

You're including the NIKE empire in your argument. It's an endless piggybank. If they have to overspend on a player it's a rounding error to them. And USC's record over the last 10 years excluding the COVID year is 80-51. Not exactly USC standards. UCLA they're an abomination, want to talk about Cal or Oregon St.?

Nike is headquartered in....drumroll please...Oregon.

All their execs are subject to Oregon taxation. The company is taxed in Oregon.

If we're to believe the idiotic argument being posited...U of Oregon would have less money to take from Nike in the first place....

Also, are we to believe that UF and FSU don't have rich donors?

So the theory "taxation matters in NIL, except when the school has big donors" is also debunked.

On to your next theory.

Yes I'd love to talk about Cal.

Cal and FSU are in the same conference.

Last season Cal was 7-5.

FSU was 5-7.

There goes that.

Any more talking points that can be debunked in seconds?

 

[NotInRHouse]

Which CA school? USC?

Anyway, this entire thread is speculative until we start seeing a lot of large NIL contracts -- most to date have been small. The Washington tax with which this thread started applies only to incomes more than $1 million. Only a very few players are pulling down that much.

Yes the OP obviously was just looking a flame war. But it's always fun to dunk on the stupidity.

USC, yes. But honestly, since the people wanting to defend his stupidity brought up Cal, they were 7-5 versus 5-7 for FSU, in the same conference, with less resources.

As dumb as the "people choose where to live because taxes" is moronic at every level, trying to attribute it to teenagers is a special level of stupid, even for the usual brain surgeons on this board.

 

[koleszar]

Nike is headquartered in....drumroll please...Oregon.

All their execs are subject to Oregon taxation. The company is taxed in Oregon.

If we're to believe the idiotic argument being posited...U of Oregon would have less money to take from Nike in the first place....

Also, are we to believe that UF and FSU don't have rich donors?

So the theory "taxation matters in NIL, except when the school has big donors" is also debunked.

On to your next theory.

Yes I'd love to talk about Cal.

Cal and FSU are in the same conference.

Last season Cal was 7-5.

FSU was 5-7.

There goes that.

Any more talking points that can be debunked in seconds?

So, a $50 billion dollar a year company is going to give Oregon less in your theory because of corporate taxes. Really? You've debunked nothing.

I'm sure FSU does and they've spent poorly the last two years no one is debating that, but do any of them own a $50 billion dollar a year company? There's not too many of those guys out there so I'd say, no.

Cal last winning season before last year's, 7-6 was 8-5 in 2019. FSU was still in the National Title talks after the last game, just two years ago.

 

[mdk02]

Been an issue in the NHL for decades. Many hockey players prefer to play for US over Canadian teams but not just because of tax. Weather and culture factor in too.

NJ's income tax has been in place for 50+ years.

I doubt Washington State's new income tax will meaningfully impact the sports teams there. Maybe comes into negotiations for a few superstars. Median pay of Seahawks player is $1.2 million so most of the roster probably doesn't care about the new law. Most NFL players care about getting and keeping a roster spot more than anything else.

New Jersey's income tax has been in place for 50 years, but NOT!!! the current rates. For the first 12-14 years the top rate was 3%. Then Florio jacked up the rates and some of his successors jacked them up more.

 

[CollegeSenior]

A lot of NJ residents who earn $1 million or more would be thrilled to see NJ copy Washington.

 

[Retired711]

New Jersey's income tax has been in place for 50 years, but NOT!!! the current rates. For the first 12-14 years the top rate was 3%. Then Florio jacked up the rates and some of his successors jacked them up more.

You're right, but it's been 35 years since Florio, as you put it, jacked up the rates. You may remember, btw, that the controversy at the time was much more about the sales tax increases than the sharp raise in income tax rates.

 

[Retired711]

Cal last winning season before last year's, 7-6 was 8-5 in 2019. FSU was still in the National Title talks after the last game, just two years ago.

Indeed, Cal fired its longtime coach just before the end of last season. The AD has also been sent packing.

 

[Retired711]

Yes the OP obviously was just looking a flame war. But it's always fun to dunk on the stupidity.

The problem is that you're not "dunking" --your statements are challengeable as well. So really all you're doing is contributing to the "flame war." It's much better to do what I did -- to point out that the incontrovertible facts contract the OP. You'll notice that no one has tried to get into a flame war with *me.*

 

[mdk02]

You're right, but it's been 35 years since Florio, as you put it, jacked up the rates. You may remember, btw, that the controversy at the time was much more about the sales tax increases than the sharp raise in income tax rates.

I remember both being equally despised. I also remember the Florio aide who was quoted as saying the income tax hike was no big deal because "it only affected the wealthy". It kicked in at $35,000. of income.

Two great memories about that. First, on my way home commuting through the Port Authority in early November and there was Bill Bradley shaking hands and campaigning. Never seen that before and it was obvious that he knew he was in serious trouble. Sure enough he barely squeaked by Christine Todd Whitman in the election. Next year she was elected governor. And Ed Koch used to have a radio back then. And he absolutely roasted the Florio aide. And perhaps for the only time in modern history the Republicans took control of both NJ houses that election.

 

[Retired711]

I remember both being equally despised. I also remember the Florio aide who was quoted as saying the income tax hike was no big deal because "it only affected the wealthy". It kicked in at $35,000. of income.

Two great memories about that. First, on my way home commuting through the Port Authority in early November and there was Bill Bradley shaking hands and campaigning. Never seen that before and it was obvious that he knew he was in serious trouble. Sure enough he barely squeaked by Christine Todd Whitman in the election. Next year she was elected governor. And Ed Koch used to have a radio back then. And he absolutely roasted the Florio aide. And perhaps for the only time in modern history the Republicans took control of both NJ houses that election.

The odd thing is that Whitman barely beat Florio, as disliked as he was. It has been reported that her husband and brother fought incessantly about how to run the campaign. Finally they turned to an experienced Republican campaign manager who told her to promise a tax cut (duh!!). She still didn't win by much. What is even odder to me is that Florio (who, actually, I worked with when he was a Congressman and I was a Capitol Hill staffer, and who was not a dumb guy) was never repentant either about the tax increases or even about the way he presented them.

For whatever reason, Bradley chose not to run for re-election in 1996. Apparently three terms in the Senate were enough.

 

[mdk02]

The odd thing is that Whitman barely beat Florio, as disliked as he was. It has been reported that her husband and brother fought incessantly about how to run the campaign. Finally they turned to an experienced Republican campaign manager who told her to promise a tax cut (duh!!). She still didn't win by much. What is even odder to me is that Florio (who, actually, I worked with when he was a Congressman and I was a Capitol Hill staffer, and who was not a dumb guy) was never repentant either about the tax increases or even about the way he presented them.

For whatever reason, Bradley chose not to run for re-election in 1996. Apparently three terms in the Senate were enough.

A squeaker in an election when your party wins veto proof majorities in both chambers screams poorly run campaign.

 

[Caliknight]

If your point was about sports, then why did you cite the UC schools?

Because he's a failed attorney who couldn't pass the bar after 7 tries. No one respects anything he says. Just laugh at him like everyone does.

 

[Caliknight]

No one mentioned that the Washington State constitution prohibits an income tax. This likely will get thrown out in the state Supreme Court. The arrogance of some politicians!

But at least they can virtue signal to the other gender confused purple hairs!

 

[RUtrumpet92_rivals498139]

Do the Padres have NIL? News to me.

But I'm so glad you mentioned CA taxation. I don't really follow baseball much, but don't the Dodgers have a dynasty brewing. So seems like whatever is happening in CA it is working.

Let's look at other pro sports. Ah yes, NFL Super Bowl winners let's see- oh right Seattle Seahawks? Down goes another talking point.

I guess you can have OKC and the Florida Panthers. But then we'd have to look again at OP's idiocy. UF and FSU are doing horribly in the NIL football era.

I just can't believe the same people try to create political threads and then only own themselves in the process. again and again...

Merrill Kelly flat out said his people ran the numbers and he signed with the DBacks instead of the Padres because of the California taxes. Period. Who cares if it is called NIL or salary? Not Kelly.

The Dodgers have a massive payroll and have found ways to skirt the salary cap with deferred payments.

Seahawks... uhh, yeah, they won the Super Bowl before this proposed law. It is not a relevant data point.

Back to the OP, I do think the tax law is not likely to be a huge factor in Washington college NIL. We are not talking about guys with huge payments. Even for someone getting 2 million from Husky football, that's "only" a 200k hit max. But to ignore that it could be a factor for some guys (again, Merrill Kelly just admitted it) is to be 100% partisan.

 

[Retired711]

Because he's a failed attorney who couldn't pass the bar after 7 tries. No one respects anything he says. Just laugh at him like everyone does.

May I ask how you know that your first sentence is true?

 

[Retired711]

No one mentioned that the Washington State constitution prohibits an income tax. This likely will get thrown out in the state Supreme Court. The arrogance of some politicians!

It's not quite as clear as that. The Washington state supreme court decided 90 years ago that a provision of the Washington constitution that requires "uniformity in taxation of property" applies to taxation of income. Certainly that would allow a flat tax on income. And it wouldn't amaze me if some future Washington court overturned the 90-year old decision -- it's not open-and-shut that income is property in the same way that a piece of land is.

The more important reason why Washington doesn't have an income tax is that the voters have rejected the idea over and over again. That's why the legislature is trying to single out a very small group for taxation.

 

[Knight Shift]

You're right, but it's been 35 years since Florio, as you put it, jacked up the rates. You may remember, btw, that the controversy at the time was much more about the sales tax increases than the sharp raise in income tax rates.

Yeah, he taxed toilet paper in NJ for the first time.
If you look closely enough, you can still see Flush Florio stickers on traffic light poles and street signs. Ahh, the memories.