2005-2006 LUXURY TAX THREAD

Create your team point bank, document your points, use them to do as you please. Please update of your point total in your first post, and document your earnings within your point bank.

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WigNosy
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2005-2006 LUXURY TAX THREAD

Post by WigNosy » Wed Dec 23, 2015 5:11 pm

TAX DELINQUENTS, 2004-2005
Lakers ($1,818,428); 3 year repeater - 13 points - PAID
Rockets ($21,786,781); 3 year repeater - 103 points - PAID

Here are your luxury tax brackets for the 2005-2006 season based on the new cap of $52,598,613
SALARY OVER CAPPCT1st Year2 Year3 Year4+ Year
$1 - $788,9791.5%0000
$788,980 - $1,577,9583%46810
$1,577,959 - $3,155,9176%691317
$3,155,918 - $4,733,8759%8121824
$4,733,876 - $6,311,83412%10152331
$6,311,835 - $7,889,79215%13192939
$7,889,793 - $9,467,75018%16233547
$9,467,751 - $11,045,70921%19274155
$11,045,710 - $12,623,66724%23324864
$12,623,668 - $14,201,62627%27375573
$14,201,627 - $15,779,58430%31426282
$15,779,585 - $17,357,54233%36487092
$17,357,543 - $18,935,50136%415478102
$18,935,502 - $20,513,45939%466086112
$20,513,460 - $22,091,41742%516694122
$22,091,418 - $23,669,37645%5773103133
$23,669,377 - $25,247,33448%6380112144
$25,247,335 - $26,825,29351%6987121155
$26,825,294 - $27,877,26553%7695131167
$27,877,266 - $28,929,23755%83103141179
$28,929,238 - $29,981,20957%90111151191
$29,981,210 - $31,033,18259%97119161203
$31,033,183 - $32,085,15461%104127171215
$32,085,155 - $33,137,12663%112136182228
$33,137,127 - $34,189,09865%120145193241
$34,189,099 - $35,241,07167%128154204254
$35,241,072 - $36,293,04369%136163215267
$36,293,044 - $37,345,01571%144172226280
$37,345,016 - $38,396,98773%153182238294
$38,396,988 - $39,448,96075%162192250308
$39,448,961 - $40,500,93277%171202262322
$40,500,933 - $41,552,90479%180212274336

Potential 2-year Repeaters:
Trailblazers
Kings

Potential 3-year Repeaters:
Bulls
Wizards
Magic
Mavericks

Potential 4+ year Repeaters:
Hawks
Spurs
Raptors
Lakers
Rockets
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TrayWithAnA
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Re: 2005-2006 LUXURY TAX THREAD

Post by TrayWithAnA » Wed Dec 23, 2015 10:53 pm

Tray's Lakers Point Bank
85 points - 13 points = 72 points




Paid

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WigNosy
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Re: 2005-2006 LUXURY TAX THREAD

Post by WigNosy » Fri Jan 15, 2016 6:24 pm

MINIMUM TAX BILLS, LOCKED IN AS OF TRADE DEADLINE (NOTE: MAY INCREASE IF SALARY COMMITMENT GOES UP BECAUSE PLAYERS MUST BE SIGNED DUE TO INJURY)


PAID:
76ers ($1,556,919) - 4 points
Raptors ($1,829,667) - 4+ year repeater - 17 points - Paid here: viewtopic.php?p=21111#p21111
Trailblazers ($3,247,482) - 2 year repeater - 12 points
Spurs ($6,166,097) - 4+ year repeater - 31 points
Wizards ($7,321,066) - 3 year repeater - 29 points
Jazz ($7,404,751) - 13 points
Timberwolves ($8,999,635) - 16 points
Bucks ($12,553,216) - 23 points
Nuggets ($15,145,631) - 31 points
Kings ($16,947,062) - 2 year repeater - 48 points
Mavericks ($18,115,456) - 3 year repeater - 78 points
Magic ($36,462,827) - 3 year repeater - 226 points
Rockets ($18,698,943) - 4+ year repeater - 102 points

UNDER APRON:
Celtics ($165,957) - under apron, 0 points
Cavaliers ($420,427) - under apron, 0 points


Note: Celtics and Cavaliers are under apron and do not count as tax payers this season provided they stay under the apron, since they owe no tax this season. They are included on the list only for completeness in accounting for all teams over the cap.
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TheSyndicate
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Re: 2005-2006 LUXURY TAX THREAD

Post by TheSyndicate » Fri Jan 15, 2016 6:29 pm

I think my tax owed is 31 points, from looking at the chart. Let me know if I'm reading wrong.
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NOLa.
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Re: 2005-2006 LUXURY TAX THREAD

Post by NOLa. » Fri Jan 15, 2016 6:48 pm

That magic bill is amazing.

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LoCo89
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Re: 2005-2006 LUXURY TAX THREAD

Post by LoCo89 » Fri Jan 15, 2016 7:16 pm

NOLa. wrote:That magic bill is amazing.

Sent via Morse code

It's honestly pretty impressive
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WigNosy
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Re: 2005-2006 LUXURY TAX THREAD

Post by WigNosy » Fri Jan 15, 2016 7:43 pm

Any time you manage to more than DOUBLE the previous record for anything (even a tax bill) it's impressive.
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ballsohard
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Re: 2005-2006 LUXURY TAX THREAD

Post by ballsohard » Sat Jan 16, 2016 12:34 pm

(facepalm)
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42PhD
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Re: 2005-2006 LUXURY TAX THREAD

Post by 42PhD » Sat Jan 16, 2016 12:37 pm

Don't worry, if the Magic and Rockets both win the title, it'll all be worth it.

How many playoffs we doing this season?
There's no "I" in team, but you can find "Eat me" if you push it too far.
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Re: 2005-2006 LUXURY TAX THREAD

Post by TheSyndicate » Sat Jan 16, 2016 7:24 pm

TheSyndicate wrote:I think my tax owed is 31 points, from looking at the chart. Let me know if I'm reading wrong.
Bump. Anyone disagree?
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42PhD
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Re: 2005-2006 LUXURY TAX THREAD

Post by 42PhD » Sat Jan 16, 2016 7:47 pm

TheSyndicate wrote:
TheSyndicate wrote:I think my tax owed is 31 points, from looking at the chart. Let me know if I'm reading wrong.
Bump. Anyone disagree?
Syndicate is correct.

Wig has your excess equal to that of the Kings, and your excesses rank next to each other.

31 is the proper amount from where I sit.
There's no "I" in team, but you can find "Eat me" if you push it too far.
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WigNosy
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Re: 2005-2006 LUXURY TAX THREAD

Post by WigNosy » Sat Jan 16, 2016 8:09 pm

My bad. It has been corrected.
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TheSyndicate
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Re: 2005-2006 LUXURY TAX THREAD

Post by TheSyndicate » Sun Jan 17, 2016 12:36 am

Tanks. Just want to make sure I plan correctly. :)
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78#
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Re: 2005-2006 LUXURY TAX THREAD

Post by 78# » Mon Jan 18, 2016 9:04 am

Paid for 2004-2005 - 103
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TheSyndicate
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Re: 2005-2006 LUXURY TAX THREAD

Post by TheSyndicate » Mon Jan 18, 2016 11:07 am

If there was any doubt the tax drove deadlines moves, it can be safely erased. Pre-deadline total tax estimates: 727 points. Post-deadline tax bill: 626. Tax man lost 101 points in a day.
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WigNosy
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Re: 2005-2006 LUXURY TAX THREAD

Post by WigNosy » Mon Jan 18, 2016 4:46 pm

TheSyndicate wrote:If there was any doubt the tax drove deadlines moves, it can be safely erased. Pre-deadline total tax estimates: 727 points. Post-deadline tax bill: 626. Tax man lost 101 points in a day.
Yet another indication the tax is working exactly as intended.
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WigNosy
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Re: 2005-2006 LUXURY TAX THREAD

Post by WigNosy » Tue Jan 19, 2016 1:42 pm

78# wrote:Paid for 2004-2005 - 103
The Rockets are free of tax nonpayment penalties (until their next bill is due :twisted: ).
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Xist2Inspire
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Re: 2005-2006 LUXURY TAX THREAD

Post by Xist2Inspire » Fri Jan 22, 2016 5:40 pm

WigNosy wrote: Wizards ($7,321,066) - 3 year repeater - 29 points
viewtopic.php?f=15&t=85&p=19940#p19940

Take it.

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Re: 2005-2006 LUXURY TAX THREAD

Post by TheSyndicate » Tue Feb 02, 2016 5:51 pm

WigNosy wrote: Nuggets ($15,145,631) - 31 points
Paid.
6 Rings. That's it. That's the tweet.
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Eazy P
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Re: 2005-2006 LUXURY TAX THREAD

Post by Eazy P » Fri Feb 05, 2016 10:19 am

Spurs Paid
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JNR
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Re: 2005-2006 LUXURY TAX THREAD

Post by JNR » Fri Feb 05, 2016 10:20 am

viewtopic.php?p=20776#p20776

Wolves paid
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Re: 2005-2006 LUXURY TAX THREAD

Post by IamQuailman » Fri Feb 05, 2016 10:26 am

My cap at EOS was $12,553,216 over cap (signed a couple players for last sim). Tax is 23 points.

Paid
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Re: 2005-2006 LUXURY TAX THREAD

Post by kucoach7 » Sat Feb 06, 2016 3:50 pm

Paid
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ballsohard
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Re: 2005-2006 LUXURY TAX THREAD

Post by ballsohard » Mon Feb 08, 2016 10:14 am

Paid
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Soundwave
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Re: 2005-2006 LUXURY TAX THREAD

Post by Soundwave » Wed Feb 10, 2016 4:00 pm

Paid 17
I still got all my fingers but somewhere I lost my mind.
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