Texsox Posted March 4, 2022 Share Posted March 4, 2022 I'm certain the regulations for luxury tax calculations are dozens of pages long. With deferred compensation and other options I'm certain big budget teams employee a lawyer or two to limit their MLB tax. So other teams try to close those loopholes. There always was at least two factors, what will the threshold be and how is it calculated. You add that stuff and teams will hit the limit faster. Good for the small market receivers, bad for the larger market givers. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted March 4, 2022 Author Share Posted March 4, 2022 38 minutes ago, bmags said: this killed me. Especially when I was just talking about getting rid of the non-explicit salary items in the CBT because it's so hard to follow. Soon they'll try and add their insurance premiums. So realistically, the number wasn't even what they said it was if they are bulking it up by hiding other things in it. Crooks. 1 Quote Link to comment Share on other sites More sharing options...
Texsox Posted March 4, 2022 Share Posted March 4, 2022 25 minutes ago, southsider2k5 said: So realistically, the number wasn't even what they said it was if they are bulking it up by hiding other things in it. Crooks. Or teams were hiding compensation in non MLB tax calculated areas. This is a good time to close loopholes. As long as the amount is increased sufficiently the players don't lose and the small budget teams win. Quote Link to comment Share on other sites More sharing options...
Texsox Posted March 4, 2022 Share Posted March 4, 2022 Isn't this the negotiations we wanted to happen? You want this, well we can give you that but we want this. Then a counter offer we can accept that but we'll need this. It's probably why they don't meet constantly. Working things out are complex and why they should have started a year ago. Quote Link to comment Share on other sites More sharing options...
fathom Posted March 4, 2022 Share Posted March 4, 2022 1 hour ago, southsider2k5 said: I’m waiting for the apology 1 Quote Link to comment Share on other sites More sharing options...
fathom Posted March 4, 2022 Share Posted March 4, 2022 Wouldn’t it be awesome if this pissed off Jerry so much he decided to increase the payroll significantly 2 1 Quote Link to comment Share on other sites More sharing options...
Texsox Posted March 4, 2022 Share Posted March 4, 2022 4 minutes ago, fathom said: Wouldn’t it be awesome if this pissed off Jerry so much he decided to increase the payroll significantly I keep thinking the 81% owners are influencing the 19% owner. I'd be interested in knowing how much he controls. With this many zeros involved, some of his fellow shareholders may want a different path than before. Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted March 4, 2022 Share Posted March 4, 2022 25 minutes ago, fathom said: I’m waiting for the apology Surprised to see Moreno and Ilitch's son....hopefully that means he's more penurious than his wild-spending father. Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted March 4, 2022 Share Posted March 4, 2022 25 minutes ago, fathom said: Wouldn’t it be awesome if this pissed off Jerry so much he decided to increase the payroll significantly Well, Albert Belle is the only example over nearly four decades...but that was more to make a point to fellow owners from all accounts. The equivalent today would be taking on Trout's deal from the Angels Quote Link to comment Share on other sites More sharing options...
Tnetennba Posted March 4, 2022 Share Posted March 4, 2022 7 hours ago, chw42 said: Arte Moreno, of all people, opposed a higher CBT? DBacks and Reds make sense. But Angles & Detroit? They must really want a more level playing field vs LAD, NYY, & Boston. Quote Link to comment Share on other sites More sharing options...
ptatc Posted March 4, 2022 Share Posted March 4, 2022 7 hours ago, chw42 said: Arte Moreno, of all people, opposed a higher CBT? Maybe it's past the limit of his revenues? Quote Link to comment Share on other sites More sharing options...
Tnetennba Posted March 4, 2022 Share Posted March 4, 2022 1 hour ago, southsider2k5 said: Things we speculated were true but now have actual reporting to refute one narrative floating around here. Quote Link to comment Share on other sites More sharing options...
ptatc Posted March 4, 2022 Share Posted March 4, 2022 10 minutes ago, caulfield12 said: Well, Albert Belle is the only example over nearly four decades...but that was more to make a point to fellow owners from all accounts. The equivalent today would be taking on Trout's deal from the Angels I believe Carlton Fisk and Million Dollar Floyd Bannister were in this category as well. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted March 4, 2022 Author Share Posted March 4, 2022 39 minutes ago, fathom said: I’m waiting for the apology Good luck with that. Quote Link to comment Share on other sites More sharing options...
Tnetennba Posted March 4, 2022 Share Posted March 4, 2022 1 hour ago, Balta1701 said: How much do you wanna bet that the text the players said appeared overnight without them being consulted was the stuff on including meals and expenses under the taxable total? Wouldn’t surprise me one bit if it were this. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted March 4, 2022 Author Share Posted March 4, 2022 2 minutes ago, ptatc said: Maybe it's past the limit of his revenues? He's screwed then as he needs to figure out how to find half a billion for Ohtani really quick. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted March 4, 2022 Author Share Posted March 4, 2022 1 hour ago, Texsox said: Or teams were hiding compensation in non MLB tax calculated areas. This is a good time to close loopholes. As long as the amount is increased sufficiently the players don't lose and the small budget teams win. Considering compensation seems to be tax deductible, I would say the opposite. They are trying to find more things to deduct. Quote Link to comment Share on other sites More sharing options...
Jack Parkman Posted March 4, 2022 Share Posted March 4, 2022 (edited) 44 minutes ago, fathom said: I’m waiting for the apology Here it is. I apologize for making assumptions. Edited March 4, 2022 by Jack Parkman 2 Quote Link to comment Share on other sites More sharing options...
Texsox Posted March 4, 2022 Share Posted March 4, 2022 4 minutes ago, southsider2k5 said: Considering compensation seems to be tax deductible, I would say the opposite. They are trying to find more things to deduct. That is an IRS issue not a calculating the MLB luxury tax. I wish they didn't call it a tax. The CBA doesn't change the US tax code. Quote Link to comment Share on other sites More sharing options...
Jack Parkman Posted March 4, 2022 Share Posted March 4, 2022 1 hour ago, southsider2k5 said: So he at least seemed to learn something from 1994. Yep. Good for Jerry. Quote Link to comment Share on other sites More sharing options...
Jack Parkman Posted March 4, 2022 Share Posted March 4, 2022 46 minutes ago, fathom said: Wouldn’t it be awesome if this pissed off Jerry so much he decided to increase the payroll significantly One can dream, right? Quote Link to comment Share on other sites More sharing options...
Tnetennba Posted March 4, 2022 Share Posted March 4, 2022 Quote Link to comment Share on other sites More sharing options...
Ducksnort Posted March 4, 2022 Share Posted March 4, 2022 6 hours ago, hi8is said: Fucking including meal money. ? Talk about nickel and diming. Today is Employee Appreciation Day. Our directors handed out bags of chips to everybody saying we're all that and a bag of chips. I've never felt more appreciated. Quote Link to comment Share on other sites More sharing options...
Ducksnort Posted March 4, 2022 Share Posted March 4, 2022 11 hours ago, Spicy gar said: Retractable roof stadiums are expensive and use a ton more energy. A rain delayed game is better than closing a roof and having to pump aircon/heat through it. Yeah it gets cold/rainy but better than the alternative. I could get behind this, but there's got to be something that can be done. Quote Link to comment Share on other sites More sharing options...
Jack Parkman Posted March 4, 2022 Share Posted March 4, 2022 1 minute ago, ScooterMcGee said: Today is Employee Appreciation Day. Our directors handed out bags of chips to everybody saying we're all that and a bag of chips. I've never felt more appreciated. Remember that they hate you. Quote Link to comment Share on other sites More sharing options...
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