In December 2014, commissioner Gary Bettman told teams that he projected the salary cap to increase to at least $73 million for the 2015â16 season, citing the fluctuating value of the Canadian dollar. The cap was ultimately set at $71.4 million.he 2016 NHL Winter Classic, the annual regular season outdoor game, will be held on Friday January 1, 2016 at Gillette Stadium in Foxborough, Massachusetts.
Each year a taxpayer must calculate and then pay the greater of an alternative minimum tax (AMT) or regular tax. Effectively for high income earners who mitigate their tax position from the day-to-day income tax, an end-of-year consolidation of all taxable income is requested and submitted.
The alternative minimum tax (AMT) is an extra tax some people have to pay on top of their regular income tax. It has its own set of rates and rules for deductions, which are less generous than the non-AMT rules. The idea behind the AMT tax was to prevent people with very high incomes from using special tax benefits to pay little or no tax. But the AMT kept expanding its reach over a 42-year history and has applied to taxpayers who don't have a very high income or who don't claim lots of special tax benefits.