Texans rated most desirable destination among Senior-Bowl Players

[IDEXAN]

"If you could pick the NFL team that drafts you, what team would you choose?

Responses: Texans 4 votes, Falcons 3, Steelers 3, Raiders 3 (19 teams received at least one vote).
http://www.examiner.com/houston-texa...le-destination

[Big Lou]

No state tax, hot women, great weather a couple days out of the year, whats not to love about Houston.

Besides in Texas, and its not in Southern Oklahoma like the Cowboys are!!!

[Playoffs]

Originally Posted by Big Lou

No state tax, hot women, great weather a couple days out of the year, whats not to love about Houston.

Besides in Texas, and its not in Southern Oklahoma like the Cowboys are!!!

^And hot women.

[dream_team]

Originally Posted by IDEXAN

"If you could pick the NFL team that drafts you, what team would you choose?

Responses: Texans 4 votes, Falcons 3, Steelers 3, Raiders 3 (19 teams received at least one vote).
http://www.examiner.com/houston-texa...le-destination

I didn't read the article, but why would anyone pick the Raiders?

[DocBar]

Originally Posted by Big Lou

No state tax, hot women, great weather a couple days out of the year, whats not to love about Houston.

Besides in Texas, and its not in Southern Oklahoma like the Cowboys are!!!

You forgot skeeters and very large kookarachas.

[nero THE zero]

Originally Posted by Big Lou

No state tax, hot women, great weather a couple days out of the year, whats not to love about Houston.

Besides in Texas, and its not in Southern Oklahoma like the Cowboys are!!!

It is worth noting that players' game checks are subject to the tax code of the state the game was played in. So, only the number of games played in state income tax-free states are not subject to state income tax. In 2012, for example, Texans players will have to pay state income tax on 6 of their game checks (@IND, @NEP, @NYJ, @DEN, @CHI, and @DET).

Regarding the article, let's not forget this little snippet:

Let's just not tell anyone that there were three Aggies (Randy Bullock, Jeff Fuller, Tony Jerod-Eddie) and three Longhorns (Keenan Robinson, Kheeston Randall, Emmanuel Acho) on the South roster and it's quite possible that's where most if not all of those votes came from.

[IDEXAN]

Originally Posted by nero THE zero

It is worth noting that players' game checks are subject to the tax code of the state the game was played in. So, only the number of games played in state income tax-free states are not subject to state income tax. In 2012, for example, Texans players will have to pay state income tax on 6 of their game checks (@IND, @NEP, @NYJ, @DEN, @CHI, and @DET).

Regarding the article, let's not forget this little snippet:

Really ? Sure ? I thought the taxpayers place of residence (domicile) was the determining factor about the taxability of income for state income tax purposes ? Obviously it's all subject to federal income taxes.

[Kthx]

Yeah I am pretty sure that isn't true. If I work in Texas and my job has me driving to Kansas or Louisiana to drop off a load, I don't have to figure out how many hours of my pay were in LA or KS to pay the state.

But also.. the Texans are an up and coming team, I think it will be easy to recruit this offseason if we have the money for it.

[Rey]

Originally Posted by nero THE zero

Regarding the article, let's not forget this little snippet:

How does that compare to other states that were represented there?

How do we stack up percentage wise?

If the only votes for Texans came Texas college players then we have 4 out of 6 guys that want to stay in the state of Texas and play for the Texans (not the cowboys)...

What percentage of other guys from other states wanted to stay in that state and play for a specific team in that state?



Basically, my point is...so what?

[DocBar]

Originally Posted by Kthx

Yeah I am pretty sure that isn't true. If I work in Texas and my job has me driving to Kansas or Louisiana to drop off a load, I don't have to figure out how many hours of my pay were in LA or KS to pay the state.

But also.. the Texans are an up and coming team, I think it will be easy to recruit this offseason if we have the money for it.

I work all over the country and nowadays, if you work in a state, you pay state taxes to that state. You get most of it, if not all, back when you file your taxes.
Several years ago, I used to be able to fill out a waiver showing that I resided in Texas and they wouldn't hold out a state income tax for me. The POS lawyers finally got around to closing that loophole.
Hell, in '09 I got an IOU from California for taxes paid in '08. I finally got the money, but it took a while.

As far as recruiting FA's, we have no money to pay them. Regardless of anything else, most FA's want you to show them the money. Some might be interested in Houston because we'll be regarded as a team with a good shot at winning the SB. Some FA's value that over gobs of cash.

[nero THE zero]

Originally Posted by IDEXAN

Really ? Sure ? I thought the taxpayers place of residence (domicile) was the determining factor about the taxability of income for state income tax purposes ? Obviously it's all subject to federal income taxes.

Good article on it here.

When the Cliff Lee saga reached its apex last month, a new type of article began to sprout up across the web. Instead of analyzing how Lee projected to perform and comparing his worth to the offers from the Rangers and Yankees, some writers began to calculate which offer would actually prove more favorable given the tax rates of the cities and states involved. Based on the tax codes of different jurisdictions it stood to reason that Lee might actually be able to take home more net compensation in an offer that, on the surface, looked to pay less in salary than another. I found this type of analysis intriguing since, by day, I am an accountant for a mid-sized firm in the Philadelphia suburbs. Naturally, articles that marry my two careers are right up my alley, but given the general confusion that arose from many of these pieces, I felt it prudent to do some research of my own and provide a primer of sorts on what is known as the “jock tax,” as well as some key components of how players are taxed.

For starters, what is the jock tax? To answer, we must take a trip back to 1991, when Michael Jordan and his Chicago Bulls beat the Lakers for the NBA championship. When it became known how much money Jordan stood to receive just from winning the title alone, the state of California decided it made sense to tax his earnings. After all, he earned that money while playing in California, and even though he wasn’t a resident of that state, the Franchise Tax Board felt that his non-resident income earned should be taxable to their benefit. Soon thereafter, Jordan received a tax bill from California. In retaliatory fashion, the Illinois Department of Revenue began sending tax bills to athletes from California who played in Illinois, a tax that became known as “Michael Jordan’s Revenge.” Suffice to say, it was not long before many other states and even local jurisdictions got in on the act.

The Jock Tax was given its name based on the principle that states tend to tax non-resident athletes earning income in their territory. Technically, the tax on non-resident income applies to everyone working out of state, but athletes tend to make more money and their salaries and schedules are out in the open for everyone to see. It isn’t the most difficult thing in the world to determine how much tax Chase Utley owes from road games if we know when he is there, how long he was there, his salary, and the tax rates of the states and cities involved. As I will explain below, the actual process can be tricky given the lack of a uniform code across the state and local jurisdictions, but the major pieces of information fueling the calculation are readily available.

Essentially, an athlete is liable for taxes in two primary states: his home team state, and his state of residency. Someone on the Diamondbacks who meets residency criteria in Georgia would be liable for state taxes in both Arizona and Georgia. Some states, like Texas, Florida, and Washington, do not levy a personal income tax, which is one of the main reasons athletes tend to flock to those cities. When the athlete travels to play a team on the road he is liable for taxes on income earned while in those states. The tax is based on a pro-rated portion of the player’s salary, which can be arrived at through the games played method or through what are known as duty days. The two methods produce different results. What makes the situation rather wonky is that duty days are not uniformly defined.

...

In summary, players are liable for taxes to their state of residency and the home state of their employing team, as well as to the states in which they earn income as non-residents, which occurs every time they are on the road. They are taxed for per diems and tickets left at the gate, and though it might seem like the various non-resident income taxes wash out for every player, it is certainly possible given the difference between the duty days or games methods, and the actual rates of the “road cities” for a player to incur more tax than he would in another situation. Determining what Cliff Lee would take home in net pay given the state and city taxes for New York and Philadelphia—Texas does not have a state tax—is certainly an interesting way to attack a hot topic from a different angle, and hopefully this information will help clear up confusion regarding taxation in baseball.

Given the relatively short schedule, the lack of a state income tax is a bigger deal in football (especially for a Texans player who plays two games against teams in Tennessee and Florida who also don't have state income taxes) than it would be in basketball and, especially, baseball, but it is true that a athlete for a Texas team does have to pay state income tax on at least some of his game checks.

[TexansFanatic]

Jake Johannsen on taxes:

"So the accountant, he has my taxes, he has my information, for like two weeks or so. And then he mails me the packet of all the forms filled out, which is like that thick (fingers held apart) -- no exaggeration -- because every state I work in, I have to file a tax return, which is (audience groans) I know! It's ridiculous! I'm not, thank you for the sympathy, I'm just saying, I feel like I should be able to pay California, where I live, and then they should square up with the other states. When you get mugged by a gang of guys, you don't have to pay each individual guy. That's a service that they provide."

[El Tejano]

Or maybe they said that because the coaches from Houston were there and they aint gonna say Green Bay because who wants to live there?

[nero THE zero]

Originally Posted by El Tejano

Or maybe they said that because the coaches from Houston were there and they aint gonna say Green Bay because who wants to live there?

The Texans coaches were coaching the Pro Bowl.

The Vikings and Redskins coaches coached the Senior Bowl.

[El Tejano]

Originally Posted by nero THE zero

The Texans coaches were coaching the Pro Bowl.

The Vikings and Redskins coaches coached the Senior Bowl.

Yeah, I just realized that we were talking Senior Bowl.

[Ranger Tom]

There are nine teams that got zero votes. I don't suppose we know which ones they are?

[thunderkyss]

Originally Posted by IDEXAN

"If you could pick the NFL team that drafts you, what team would you choose?

Responses: Texans 4 votes, Falcons 3, Steelers 3, Raiders 3 (19 teams received at least one vote).
http://www.examiner.com/houston-texa...le-destination

So, what does that mean?

We're "viewed" as the Falcons, Steelers, & Raiders?

Would have been nice if the other teams were the Patriots, Packers, Steelers, Ravens......

[badboy]

Originally Posted by IDEXAN

"If you could pick the NFL team that drafts you, what team would you choose?

Responses: Texans 4 votes, Falcons 3, Steelers 3, Raiders 3 (19 teams received at least one vote).
http://www.examiner.com/houston-texa...le-destination

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