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Looks like Poyer is more than willing to leave and play for Miami of all places.


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Posted

Ooof. I always wonder. Do the bills have to overpay bc of New York taxes. Why isn’t there an adjustment for teams for cap. Seems like a competitive advantage for teams in states w forgiving tax laws

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Posted
5 minutes ago, balln said:

Ooof. I always wonder. Do the bills have to overpay bc of New York taxes. Why isn’t there an adjustment for teams for cap. Seems like a competitive advantage for teams in states w forgiving tax laws

 

I don't think that is what is happening with Poyer, but the general point is one I have wondered about too. I don't know enough about the US tax system though to really understand whether it is significant.

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Posted

Poyer is done. He’s played great for us, a true warrior. 

 

But he’s an aging vet playing through multiple injuries who’s looking to get paid. I get it from his point of view, but unless he comes back on a somewhat team friendly deal I can’t see us retaining him.

 

 

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Posted
5 minutes ago, GunnerBill said:

I don't know enough about the US tax system

 

No one does.  It’s the most ridiculous code in existence.

 

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Posted
6 minutes ago, GunnerBill said:

 

I don't think that is what is happening with Poyer, but the general point is one I have wondered about too. I don't know enough about the US tax system though to really understand whether it is significant.

To keep it simple, NY state income tax is 10.9%, Florida is 0.  That's a pretty significant difference

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Posted
1 minute ago, Gunsgoodtime said:

To keep it simple, NY state income tax is 10.9%, Florida is 0.  That's a pretty significant difference

I'm sure at this point in his career he wants to go to a team he thinks has a shot at winning it all. He played against Miami 3xs this year. Read between the lines. 

 

A Poyer on a Miami team certainly bolsters their chances to dethrone the Bills. 

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Posted
6 minutes ago, GunnerBill said:

 

I don't think that is what is happening with Poyer, but the general point is one I have wondered about too. I don't know enough about the US tax system though to really understand whether it is significant.

There are 50 different income state tax codes. They range from a top rate of zero percent in several states to 13.3% in California.  In NYS the state income tax on $10MM would 964,000.  I Florida, it would be zero.  That might make a difference in decision making. 

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Posted
Just now, newcam2012 said:

I'm sure at this point in his career he wants to go to a team he thinks has a shot at winning it all. He played against Miami 3xs this year. Read between the lines. 

 

A Poyer on a Miami team certainly bolsters their chances to dethrone the Bills. 

They was very close to doing it last year

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Posted
1 minute ago, newcam2012 said:

I'm sure at this point in his career he wants to go to a team he thinks has a shot at winning it all. He played against Miami 3xs this year. Read between the lines. 

 

A Poyer on a Miami team certainly bolsters their chances to dethrone the Bills. 

 

I don't think Poyer is walking because he thinks Miami is better than Buffalo. He is walking because the Bills don't want to pay him. 

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Posted
1 minute ago, Chaos said:

There are 50 different income state tax codes. They range from a top rate of zero percent in several states to 13.3% in California.  In NYS the state income tax on $10MM would 964,000.  I Florida, it would be zero.  That might make a difference in decision making. 

 I wonder how roster bonuses and signing bonuses get taxed by state.  If they have residence in Florida - I wonder if thats zero tax.

Posted
4 minutes ago, JimBob2232 said:

 I wonder how roster bonuses and signing bonuses get taxed by state.  If they have residence in Florida - I wonder if thats zero tax.

It is taxed based on where you earn the Money.  NYS certainly taxes the bonuses for Bills players.

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Posted
23 minutes ago, RunTheBall said:

Poyer is done. He’s played great for us, a true warrior. 

 

But he’s an aging vet playing through multiple injuries who’s looking to get paid. I get it from his point of view, but unless he comes back on a somewhat team friendly deal I can’t see us retaining him.

 

 

 

I agree with this. It's a shame, he put everything on the line for this team, but father time is undefeated, its a shame that team two years ago was sabotaged by it's own coaching staff with seconds left.

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Posted
28 minutes ago, newcam2012 said:

I'm sure at this point in his career he wants to go to a team he thinks has a shot at winning it all. He played against Miami 3xs this year. Read between the lines. 

 

A Poyer on a Miami team certainly bolsters their chances to dethrone the Bills. 

and Fangio is a great DC

Posted
21 minutes ago, Chaos said:

It is taxed based on where you earn the Money.  NYS certainly taxes the bonuses for Bills players.

https://www.hodgsonruss.com/media/publication/434_How States Handle Signing Bonuses for Athletes.pdf

 

This is a very interesting article.  BLUF - it appears that signing bonuses are taxed based on your residency at the time they are paid.  So an athlete with residence in florida will not pay tax on a signing bonus.   Interesting....they even use a NY example in this article with court cases to support it. 

 

Intresting.  Im sure NFL players, teams and their agents and CPAs are all over the legalities of htis.

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Posted
29 minutes ago, Chaos said:

There are 50 different income state tax codes. They range from a top rate of zero percent in several states to 13.3% in California.  In NYS the state income tax on $10MM would 964,000.  I Florida, it would be zero.  That might make a difference in decision making. 

This would be true only if rich people didn’t have tax professionals on their payroll who know how to exploit the code to where they pay less tax than an E-1 in the military.  No I’m not kidding.  My active duty Navy cousin paid $1,300 to the federal government and $600 to the state.  

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Posted
8 minutes ago, TheWeatherMan said:

This would be true only if rich people didn’t have tax professionals on their payroll who know how to exploit the code to where they pay less tax than an E-1 in the military.  No I’m not kidding.  My active duty Navy cousin paid $1,300 to the federal government and $600 to the state.  

I’m not sure I understand. Do you think your cousin paid a lot? Or a little? 

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