Slash the racing tax by 60 per cent - N.S.W Gallops - Racehorse TALK harm-plan harm-plan

Racehorse TALK



Slash the racing tax by 60 per cent - N.S.W Gallops - Racehorse TALK

Author Topic: Slash the racing tax by 60 per cent  (Read 5357 times)

0 Members and 1 Guest are viewing this topic.

Offline Gintara

  • Group 1
  • User 16
  • Posts: 11728
« 2015-Dec-23, 07:26 PM Reply #50 »
PP you misunderstand me.

I'm talking that both greyhounds & harness have basically sat quietly nodding. Why?

Clearly it looks like both missed out on their true share with the horses benefiting.

Offline PoisonPen7

  • Group 1
  • User 55
  • Posts: 17979
« 2015-Dec-24, 12:19 AM Reply #51 »
PP you misunderstand me.

I'm talking that both greyhounds & harness have basically sat quietly nodding. Why?

Clearly it looks like both missed out on their true share with the horses benefiting.

Listening to the trots guy yesterday talking to "Cossie", I don't think they missed out....even though he was on radio he sounded like he had a grin like a Cheshire cat....and was saying that he was going to ask industry participants what to do with the extra money.....happy to be corrected.

Offline Gintara

  • Group 1
  • User 16
  • Posts: 11728
« 2015-Dec-24, 01:56 PM Reply #52 »
That's what I've been saying, they all seem happy  :what: why? Clearly the horses benefit from the other two codes.

I've seen people produce figures of something like $12mill (or $20mill?) where the horses are being subsidized by the greyhounds  :shrug:

Offline whispering

  • Group 2
  • User 1662
  • Posts: 2773
« 2015-Dec-24, 05:51 PM Reply #53 »
Its ok more gallops money = higher stallion fees = more money for the studs that rent out randwick suites and the messirah

Offline PoisonPen7

  • Group 1
  • User 55
  • Posts: 17979
« 2015-Dec-24, 07:51 PM Reply #54 »
Its ok more gallops money = higher stallion fees = more money for the studs that rent out randwick suites and the messirah

Money going to Country racing first....where it is needed. Your implication that this will benefit the rich is false (again).

"Country racing was so needy that we needed to give them the full amount from the strategic plan now," Messara said.

"Metropolitan racing remains on our radar but at the moment if you win one Saturday city race you can just about cover a year's training fees. In the country you need to win 2 to three races to cover the training costs for a year.

"This package will begin to balance things out a little bit.

"We will be able to continue to make announcements over the next couple of years as more money comes in from tax parity."



Read mo http://www.smh.com.au/sport/horseracing/country-and-provincial-prizemoney-boost-in-40-million-tax-parity-package-20151123-gl68gm.html#ixzz3vEL7cUW9
Follow us: @smh on Twitter | sydneymorningherald on Facebook

Offline PoisonPen7

  • Group 1
  • User 55
  • Posts: 17979
« 2015-Dec-24, 07:53 PM Reply #55 »
That's what I've been saying, they all seem happy  :what: why? Clearly the horses benefit from the other two codes.

I've seen people produce figures of something like $12mill (or $20mill?) where the horses are being subsidized by the greyhounds  :shrug:

It is hard to get info Gin.

I found this:

The budget for tax parity under the funding structure has $19 million flowing to thoroughbred racing in the first year with $3.17 million to harness racing and $2.5 million to be passed into the trust for greyhound racing, while the live baiting inquiry continues.


Read mo http://www.smh.com.au/sport/horseracing/country-and-provincial-prizemoney-boost-in-40-million-tax-parity-package-20151123-gl68gm.html#ixzz3vELnixEg

So I think that the trots did not miss out looking at that - greyhounds would take in more than trots in betting, would they not?


BACK TO ALL TOPICS
Sitemap