2005-2006 LUXURY TAX THREAD

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WigNosy
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2005-2006 LUXURY TAX THREAD

Post by WigNosy »

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 »

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




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WigNosy
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Re: 2005-2006 LUXURY TAX THREAD

Post by WigNosy »

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 »

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. »

That magic bill is amazing.

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LoCo89
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Re: 2005-2006 LUXURY TAX THREAD

Post by LoCo89 »

NOLa. wrote:That magic bill is amazing.

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

Post by WigNosy »

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 »

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

Post by 42PhD »

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?
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Re: 2005-2006 LUXURY TAX THREAD

Post by TheSyndicate »

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 »

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.
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WigNosy
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Re: 2005-2006 LUXURY TAX THREAD

Post by WigNosy »

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

Post by TheSyndicate »

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# »

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

Post by TheSyndicate »

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 »

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. Image
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WigNosy
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Re: 2005-2006 LUXURY TAX THREAD

Post by WigNosy »

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 »

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 »

WigNosy wrote: Nuggets ($15,145,631) - 31 points
Paid.
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Re: 2005-2006 LUXURY TAX THREAD

Post by Eazy P »

Spurs Paid
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JNR
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Re: 2005-2006 LUXURY TAX THREAD

Post by JNR »

viewtopic.php?p=20776#p20776

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Re: 2005-2006 LUXURY TAX THREAD

Post by IamQuailman »

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

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Re: 2005-2006 LUXURY TAX THREAD

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Paid
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ballsohard
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Re: 2005-2006 LUXURY TAX THREAD

Post by ballsohard »

Paid
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Re: 2005-2006 LUXURY TAX THREAD

Post by Soundwave »

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