Is There Legitimacy To The Success Of No State Tax Teams?
The post Is There Legitimacy To The Success Of No State Tax Teams? appeared on BitcoinEthereumNews.com. SUNRISE, FLORIDA – JUNE 17: The Florida Panthers celebrate with the Stanley Cup after defeating the … More Edmonton Oilers in Game Six of the 2025 Stanley Cup Final at Amerant Bank Arena on June 17, 2025 in Sunrise, Florida. (Photo by Bruce Bennett/Getty Images) Getty Images After the Florida Panthers solidified their position atop the NHL for the second straight season, they added yet another year of the Stanley Cup residing in Florida. Four of the last six NHL championships were via a team from Florida, with the Tampa Bay Lightning going back-to-back in 2020 and 2021. In between Florida and Tampa’s back-to-back championships were the Vegas Golden Knights and Colorado Avalanche. Now, what Florida and Nevada both have in common is not only their ranking as vacation spots but also the lack of a state sales tax. That being said, this ability to take home a higher portion of your paycheck has been the case for much longer than 2020. So, is this just a coincidence? Or have these teams finally begun utilizing their geographical advantage to recruit free agents? To understand the difference between these contract opportunities, it is important to understand the way NHL contracts work. While the home state of a player is important to their contractual earnings, it is not the only factor in their paycheck. The first important note is that none of these details pertain to federal income tax. Secondly, since only about half of the player’s games are played in their home state, NHL players abide by a term called the “Jock Tax”. The Jock Tax is the unofficial name given for income tax levied by states and cities, claiming that since the athletes performed their job duties within their state jurisdiction, they should pay the taxes to the area in…
The post Is There Legitimacy To The Success Of No State Tax Teams? appeared on BitcoinEthereumNews.com.
SUNRISE, FLORIDA – JUNE 17: The Florida Panthers celebrate with the Stanley Cup after defeating the … More Edmonton Oilers in Game Six of the 2025 Stanley Cup Final at Amerant Bank Arena on June 17, 2025 in Sunrise, Florida. (Photo by Bruce Bennett/Getty Images) Getty Images After the Florida Panthers solidified their position atop the NHL for the second straight season, they added yet another year of the Stanley Cup residing in Florida. Four of the last six NHL championships were via a team from Florida, with the Tampa Bay Lightning going back-to-back in 2020 and 2021. In between Florida and Tampa’s back-to-back championships were the Vegas Golden Knights and Colorado Avalanche. Now, what Florida and Nevada both have in common is not only their ranking as vacation spots but also the lack of a state sales tax. That being said, this ability to take home a higher portion of your paycheck has been the case for much longer than 2020. So, is this just a coincidence? Or have these teams finally begun utilizing their geographical advantage to recruit free agents? To understand the difference between these contract opportunities, it is important to understand the way NHL contracts work. While the home state of a player is important to their contractual earnings, it is not the only factor in their paycheck. The first important note is that none of these details pertain to federal income tax. Secondly, since only about half of the player’s games are played in their home state, NHL players abide by a term called the “Jock Tax”. The Jock Tax is the unofficial name given for income tax levied by states and cities, claiming that since the athletes performed their job duties within their state jurisdiction, they should pay the taxes to the area in…
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