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Drug scandal rocks Australian cycling
"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/20...245113326.html -- A: Top-posters. Q: What is the most annoying thing on Usenet? |
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Drug scandal rocks Australian cycling
"DRS" wrote in message ... "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/20...245113326.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? |
#3
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Drug scandal rocks Australian cycling
I'm stunned.
Athletes, who can get huge endorsements if they win, are prepared to cheat to do so. "DRS" wrote in message ... "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/20...245113326.html -- A: Top-posters. Q: What is the most annoying thing on Usenet? |
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Drug scandal rocks Australian cycling
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 ****s 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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Drug scandal rocks Australian cycling
"Unkey Munkey" wrote in message ... 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...,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 ****s 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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Drug scandal rocks Australian cycling
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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Drug scandal rocks Australian cycling
Originally posted by Unkey Munkey This ****s 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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Drug scandal rocks Australian cycling
"hippy" wrote in message news Originally posted by Unkey Munkey This ****s 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 |
#9
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Drug scandal rocks Australian cycling
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 |
#10
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Drug scandal rocks Australian cycling
Marty Wallace wrote:
"hippy" wrote in message news Originally posted by Unkey Munkey This ****s 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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