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#1 |
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"A drug scandal has rocked Australia's Olympic preparations, with explosive
claims in Federal Parliament that up to six elite cyclists used an Australian Institute of Sport residence as a "shooting gallery"." http://www.theage.com.au/articles/2...7245113326.html -- A: Top-posters. Q: What is the most annoying thing on Usenet? |
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#2 |
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"DRS" <drs@remove.this.ihug.com.au> wrote in message news:cavcnk$5k9$1@lust.ihug.co.nz... > "A drug scandal has rocked Australia's Olympic preparations, with explosive > claims in Federal Parliament that up to six elite cyclists used an > Australian Institute of Sport residence as a "shooting gallery"." > > http://www.theage.com.au/articles/2...7245113326.html > > -- > > A: Top-posters. > Q: What is the most annoying thing on Usenet? > > *YAWNS* <sarcasm> What a shock! Athletes using performance enhancing drugs!</sarcasm> Must be a slow news day over at The Age..... Now, where did I put my syringe? |
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#3 |
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I'm stunned.
Athletes, who can get huge endorsements if they win, are prepared to cheat to do so. "DRS" <drs@remove.this.ihug.com.au> wrote in message news:cavcnk$5k9$1@lust.ihug.co.nz... > "A drug scandal has rocked Australia's Olympic preparations, with explosive > claims in Federal Parliament that up to six elite cyclists used an > Australian Institute of Sport residence as a "shooting gallery"." > > http://www.theage.com.au/articles/2...7245113326.html > > -- > > A: Top-posters. > Q: What is the most annoying thing on Usenet? > > |
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#4 |
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L'acrobat wrote:
> I'm stunned. > > Athletes, who can get huge endorsements if they win, are prepared to cheat > to do so. .... and then they don't like to pay tax on these endorsements: From <http://www.theaustralian.news.com.au/common/story_page/0,5744,9888318%255E2702,00.html> THE High Court will determine a test case on whether government grants and prize money given to amateur athletes should be liable for taxation because they constitute a business. Justices Michael Kirby and Bill Gummow yesterday granted the federal Taxation Commissioner leave to appeal a decision that javelin thrower Joanna Stone's $136,448 in prizes and grants were tax-exempt because, unlike sponsorships, they were not considered "carrying on a business". .... etc etc See also <http://www.gf.com.au/articles_222.htm> <http://www.olympics.com.au/default.asp?pg=home&spg=display&articleid=2502> This shits me. Why the hell shouldn't they pay tax? In this case the claim that over $100k a year in earnings is not carrying on a business. An amateur that gets $100k a year? I can understand someone who wins, say $10k per annum not wanting to declare it as income, but come on. Which leads me to another pet hate .. that professional athletes don't have to pay back any of the money spent on them at the AIS. I have to pay HECs on my university training, why can't they pay it on their sports training? - Munk3y |
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#5 |
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"Unkey Munkey" <spam@munk3y.net> wrote in message news:cb0gjj$vij$1@lust.ihug.co.nz... > L'acrobat wrote: > > I'm stunned. > > > > Athletes, who can get huge endorsements if they win, are prepared to cheat > > to do so. > > ... and then they don't like to pay tax on these endorsements: > > From > <http://www.theaustralian.news.com.a...4,9888318%255E2 702,00.html> > > THE High Court will determine a test case on whether government grants > and prize money given to amateur athletes should be liable for taxation > because they constitute a business. > > Justices Michael Kirby and Bill Gummow yesterday granted the federal > Taxation Commissioner leave to appeal a decision that javelin thrower > Joanna Stone's $136,448 in prizes and grants were tax-exempt because, > unlike sponsorships, they were not considered "carrying on a business". > ... etc etc > > See also > <http://www.gf.com.au/articles_222.htm> > <http://www.olympics.com.au/default.asp?pg=home&spg=display&articleid=2502> > > This shits me. Why the hell shouldn't they pay tax? In this case the > claim that over $100k a year in earnings is not carrying on a business. > An amateur that gets $100k a year? I can understand someone who wins, > say $10k per annum not wanting to declare it as income, but come on. I have to agree wholeheartedly. My wife working part time to earn $25k will have tax taken out of her salary, so why the f#&k shouldn't some high flying athlete on a 6 figure payroll have to pay a damn sight more tax too! Cheers Peter |
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#6 |
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>Originally posted by L'Acrobat Athletes, who can get huge endorsements
>if they win, are prepared to cheat to do so. Is it still cheating if everyone is doing it? hippy -- |
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#7 |
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>Originally posted by Unkey Munkey This shits me. Why the hell shouldn't
>they pay tax? In this case the claim that over $100k a year in earnings >is not carrying on a business. An amateur that gets $100k a year? I can >understand someone who wins, say $10k per annum not wanting to declare >it as income, but come on. You can't have it both ways... either ALL athletes pay tax on their winnings or none. That means that my $10 crit wins will now be $9.. >Which leads me to another pet hate .. that professional athletes don't >have to pay back any of the money spent on them at the AIS. I have to >pay HECs on my university training, why can't they pay it on their >sports training? Never thought about this. I thought it was all down to these guys having to give up everything in order to pursue a sport for the glory of the country..? or something like that ![]() Maybe they pay with their health by volunteering their bodies for all the testing, drugs, supplements, etc. they have to endure? Remember that people going to uni/school on scholarships aren't paying for their education - same thing here? Check: http://www.ais.org.au/overview.htm hippy -- |
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#8 |
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"hippy" <usenet-forum@cyclingforums.com> wrote in message news uTAc.53748$K3.39187@fe04.usenetserver.com...> >Originally posted by Unkey Munkey This shits me. Why the hell shouldn't > >they pay tax? In this case the claim that over $100k a year in earnings > >is not carrying on a business. An amateur that gets $100k a year? I can > >understand someone who wins, say $10k per annum not wanting to declare > >it as income, but come on. > > You can't have it both ways... either ALL athletes pay tax on their > winnings or none. That means that my $10 crit wins will now be $9.. > Hmm... So does that mean you can claim depreciation and maintainance costs of your bike? Or laundry costs of your cycling knicks? And travel costs for that last event you went to? And what about those Carboshotz? Are they to help you earn your income or did you eat them in your own time? Time to add another volume to the taxation rules. Marty "Tax Free" Wallace |
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#9 |
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hippy wrote:
> > You can't have it both ways... either ALL athletes pay tax on their > winnings or none. That means that my $10 crit wins will now be $9.. It would be a simple matter to set an annual threshold, or have a tiered system. > > >>Which leads me to another pet hate .. that professional athletes don't >>have to pay back any of the money spent on them at the AIS. I have to >>pay HECs on my university training, why can't they pay it on their >>sports training? > > > Never thought about this. I thought it was all down to these guys having > to give up everything in order to pursue a sport for the glory of the > country..? or something like that ![]() So if they do it for the glory of their country, then surely they wouldn't mind paying tax on their earnings? Like Pat Rafter being a citizen of Bermuda when he was awarded Australian of the Year? > > Maybe they pay with their health by volunteering their bodies for all > the testing, drugs, supplements, etc. they have to endure? I don't they would do anything that is detrimental to their health. And I'm sure they would all be queing up to sue AIS tested a drug on them that was detrimental (pro sportsmen being a particularly litigious lot these days). > > Remember that people going to uni/school on scholarships aren't paying > for their education - same thing here? > > Check: http://www.ais.org.au/overview.htm > > hippy > The only uni graduates I know who don't pay HECS are the folks at ADFA. ... and I don't see any of them making $100k+ TAX FREE from endorsements and winnings. Even trainee police have to pay HECS to go to the police academy. - Munk3y |
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#10 |
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Marty Wallace wrote:
> "hippy" <usenet-forum@cyclingforums.com> wrote in message > news uTAc.53748$K3.39187@fe04.usenetserver.com...> >>>Originally posted by Unkey Munkey This shits me. Why the hell shouldn't >>>they pay tax? In this case the claim that over $100k a year in earnings >>>is not carrying on a business. An amateur that gets $100k a year? I can >>>understand someone who wins, say $10k per annum not wanting to declare >>>it as income, but come on. >> >>You can't have it both ways... either ALL athletes pay tax on their >>winnings or none. That means that my $10 crit wins will now be $9.. >> > > > Hmm... > So does that mean you can claim depreciation and maintainance costs of your > bike? > Or laundry costs of your cycling knicks? > And travel costs for that last event you went to? > And what about those Carboshotz? Are they to help you earn your income or > did you eat them in your own time? > > Time to add another volume to the taxation rules. > > Marty "Tax Free" Wallace > > You would only be able to claim against the proportion of tax paid on your earnings for that activity, so in this case Hippy would get his $1 back. - Munk3y |
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#11 |
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>Originally posted by Peter Signorini
>>Unky posted this stuff: Justices Michael Kirby and Bill Gummow >>yesterday granted the federal Taxation Commissioner leave to appeal a >>decision that javelin thrower Joanna Stone's $136,448 in prizes and >>grants were tax-exempt because, unlike sponsorships, they were not >>considered "carrying on a business". ... etc etc > >I have to agree wholeheartedly. My wife working part time to earn $25k >will have tax taken out of her salary, so why the f#&k shouldn't some >high flying athlete on a 6 figure payroll have to pay a damn sight >more tax too! Well, as far as I am aware, Joanna Stone is a police officer. She would be being taxed on that income just like your wife. If your wife took up a sport, won lots and received sponsorship and prize money - would you be so willing to have her pay tax on that? I'd like to see taxes on 4wd's brought into line before worrying about the winnings of a sports star.. hippy -- |
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#12 |
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>>Unky posted this stuff: Justices Michael Kirby and Bill Gummow
>>yesterday granted the federal Taxation Commissioner leave to appeal a >>decision that javelin thrower Joanna Stone's $136,448 in prizes and >>grants were tax-exempt because, unlike sponsorships, they were not >>considered "carrying on a business". ... etc etc Furthermore... (can you tell I'm up for a whinge/argument? )This explains the reasoning behind the decision: http://www.gf.com.au/articles_222.htm A point to note: If you were skilled at darts or something and travelled around country fairs earning money on similar games of skill.. would you declare that income? Is it only because she earned $100k+ that it's an issue for you? Where's the cutoff? Is it okay to earn $20k prize money and not pay tax on it? $50k? Just out of curiosity - how much tax does Tiger Woods or Michael Jordan pay? hippy -- |
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#13 |
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In article <cb12ia$ck6$1@lust.ihug.co.nz>,
Unkey Munkey <spam@munk3y.net> wrote: > Like Pat Rafter being a citizen of Bermuda when he was awarded > Australian of the Year? For the record: resident, not citizen. -- Shane Stanley |
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#14 |
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In article <ouTAc.53748$K3.39187@fe04.usenetserver.com>,
hippy <usenet-forum@cyclingforums.com> wrote: > You can't have it both ways... either ALL athletes pay tax on their > winnings or none. Not necessarily. For example, a professional farmer pays tax and clainms deductions, but a small hobby farmer does neither. Same goes for professional punters, as opposed to the mug in the street. There's plenty of precedent. -- Shane Stanley |
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#15 |
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In article <FgTAc.27438$tF1.20121@fe46.usenetserver.com>,
hippy <usenet-forum@cyclingforums.com> wrote: > Is it still cheating if everyone is doing it? Yes. -- Shane Stanley |
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