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| Main / Suggestions / Transfer Tax - a sliding scale Search Forum | |
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sh8888
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posted: 2012-05-22 09:05:39 (ID: 41698) Report Abuse |
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The suggestion is :-
A sliding scale of Transfer Tax ..... depending upon how long a player has been on your Roster .... Top tax rate of 25% , reducing (in gradual steps) down to 5% once the player has been on your roster for a whole season or more. btw ... if one or two of you are thinking "haven't I seen this somewhere before ?" ... you're right, it's not exactly my own original idea ...but if it helps prevent 'Day-traders' and managers becoming Hedge Fund Sim Managers rather than American Football Sim Managers, maybe it's worth 'borrowing' the idea from *cough* a certain other place. p.s. I anticipate hatred from some of the big-players on the TM, but my shoulder-pads are big enough to take it 
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| posted: 2012-05-22 09:22:30 (ID: 41705) Report Abuse | |
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OK, let me do the Devil's Advocate then: What is wrong with day traders?
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sh8888
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posted: 2012-05-22 09:32:48 (ID: 41706) Report Abuse |
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pete wrote:
OK, let me do the Devil's Advocate then: What is wrong with day traders? I'll be positive and say ...nothing wrong with day-traders .. BUT ... a sliding scale of transfer tax might , not will, but might encourage managers to keep their players longer and to develop their own players instead of 'taking the easy option' and continually buying/selling on the TM in a never-ending quest for the holy grail of the 'perfect player' ....it might even take some of the heat out of a possibly overheated TM ...but I doubt it. Anyway ...it's an idea that I've put out there ....everybody feel free to shoot it down in flames if you feel like doing so ...but at least give some reasons for why you do/don't like it  |
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| posted: 2012-05-22 09:44:35 (ID: 41709) Report Abuse | |
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I am not for or against it. But I think these traders are part of the game, and a valid tactic to gain money in a management game
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Turtlemania
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posted: 2012-05-22 23:26:55 (ID: 41965) Report Abuse |
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pete wrote:
I am not for or against it. But I think these traders are part of the game, and a valid tactic to gain money in a management game When it is a valid tactic in management game then the management game should follow some basic rules of management world And basic management rules are: the longer you invest in some thing, the less tax you need to pay On the other hand i wondering why at all is a tax in the game when it is same for all or why is it only 5% and not 10% or 25% So yes the basic suggestion to have a slide scale a support especially because it is part of a management game when it comes to investing |
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looser
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posted: 2012-05-22 23:59:29 (ID: 41974) Report Abuse |
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i do not see we need it when you can only list your player at 16.000
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Swordpriest1
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posted: 2012-05-23 02:01:45 (ID: 41990) Report Abuse |
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Well first off... i'm for the idea. I posted something about this some time ago about guys short selling and what not.
I could be totally wrong on this but I see day-traders happening because they realized they made a mistake in the acquisition of said player and what to get as good a return as possible. Turtle's right in their is no league or institution that doesnt have harsh penalties for quick turns. I don't see it as a "possiblity" that it will slow down the havoc of the TM... it definitely will. Everybody will be more judicious with their money if they knew that selling that player short will result in a definite hit the pocket. If it goes to a vote I dont see us winning this one buts definitely worth more consideration. |
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dark_wing
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posted: 2012-05-23 12:58:40 (ID: 42068) Report Abuse |
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mental bomb from me!
who have to pay the tax? Seller or buyer?  |
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JonnyP
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posted: 2012-05-23 13:22:19 (ID: 42071) Report Abuse |
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Yes from me if it means removing the the 16k start price limit.
But I vote No if the 16k starting price limit stays, as for me that already does enough to deter daytrading at any meaningful level. |
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sh8888
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posted: 2012-05-23 14:11:46 (ID: 42086) Report Abuse |
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dark_wing wrote:
mental bomb from me! who have to pay the tax? Seller or buyer? Stays exactly the same as now (i.e seller pays the tax) .... but now tax is 5% flat fee ....under this proposal tax will be 25% on a sliding scale down to 5%. So ... dark-wing .... your $113,113,113 purchase would still have cost you ...... $113,113,113 |
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