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| Main / Discussions / Limiting the financial power of rich teams Search Forum | |
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Rock777
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posted: 2017-01-02 20:24:16 (ID: 100094914) Report Abuse |
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Half the reason I don't buy players on the TM is because I want to be able to keep the players I have been raising since they were teens. A cap would make me dump some of the players I want to keep. So I don't like that one. I like the idea of increasing the TM percentage.
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marinarul10
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posted: 2017-01-02 21:18:42 (ID: 100094933) Report Abuse |
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Pete's suggestion about a tax on profits for teams with more than $500M in the bank it's a perfect idea and should be implemented ASAP. I really don't understand why so many managers are complaining about it. It doesn't touch the small teams like mine and in the same time it will still allow those big bankrolls maniacs to spend their savings and go for a big push and win anything out there.
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Meitheisman
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posted: 2017-01-02 21:30:39 (ID: 100094936) Report Abuse |
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The tax is only on the profit above $X, not the bankroll. So if the team with $2B in the bank makes a profit smaller than $X it will not be affected. On the other hand if a 2nd year team makes a $100M profit in the season it will have to pay a tax.
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jmehnert86
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posted: 2017-01-02 21:47:32 (ID: 100094939) Edits found: 1 Report Abuse |
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Meitheisman wrote:
The tax is only on the profit above $X, not the bankroll. So if the team with $2B in the bank makes a profit smaller than $X it will not be affected. On the other hand if a 2nd year team makes a $100M profit in the season it will have to pay a tax. Profit to me means revenue minus expenses at the end of the season. I thought we were talking about a tax on all cash remaining at season end. Last edited on 2017-01-02 21:47:45 by jmehnert86 |
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| posted: 2017-01-02 21:55:42 (ID: 100094941) Report Abuse | |
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all income during a season MINUS all expenses...
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| posted: 2017-01-02 22:04:10 (ID: 100094943) Report Abuse | |
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pete wrote:
all income during a season MINUS all expenses... Instead of calling it a tax - call it a franchise fee. 2.1 , 1.1 and Elite all have different %. The higher the league the higher the %. |
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marinarul10
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posted: 2017-01-02 22:04:28 (ID: 100094944) Report Abuse |
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Meitheisman wrote:
The tax is only on the profit above $X, not the bankroll. So if the team with $2B in the bank makes a profit smaller than $X it will not be affected. On the other hand if a 2nd year team makes a $100M profit in the season it will have to pay a tax. Ok i understand now, Pete doesn't want to scary out the old managers and that's ok. But a tax on ANY PROFIT you made when you have more the 500M in cash shouldn't be to scary. |
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Rock777
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posted: 2017-01-02 22:19:08 (ID: 100094948) Report Abuse |
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A second year team won't have 500 Million already banked.
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Meitheisman
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posted: 2017-01-02 22:20:33 (ID: 100094949) Report Abuse |
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Sorry I wasn't clear, by "2nd year team" I meant real life years so a team between its 5th and 8th season.
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| posted: 2017-01-02 22:21:34 (ID: 100094951) Report Abuse | |
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marinarul10 wrote:
Meitheisman wrote:
The tax is only on the profit above $X, not the bankroll. So if the team with $2B in the bank makes a profit smaller than $X it will not be affected. On the other hand if a 2nd year team makes a $100M profit in the season it will have to pay a tax. Ok i understand now, Pete doesn't want to scary out the old managers and that's ok. But a tax on ANY PROFIT you made when you have more the 500M in cash shouldn't be to scary. To play (Once more) with numbers... Only if a team is here for longer than X seasons, and only if the bank account has more than Y million : Pay 10 or 15 % on the amount that you call your profit (aka gains). If you had expenses of 30 million, and income of 50 million, the profit is 20 million, and 10% are 2 million. We would take away 2 million, while the other 18 million go to your bank account...and add to your multi million bank account... |
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