OMG, I cannot imagine you can be so stupid. President obama would love to see that happens. You don't know how valuable that would be to USA and how devastating that would be to Chinese gov. You must have had too much mainstream media. It is my bad to even argue with you. I apologize. It is totally a waste of everybody's time.
Ikarus, why bother to waste your breath? As a common knowledge and laughter in China, the majorities of westerners automatically become experts when it comes to anything relates to China, like they actually know anything about it or the Chinese government ever sent their family members to jails. take it easy, the human right fighters and chinese experts'll know soon enough, in a not favorable way though~ For Yao, i say he'd better be resting his legs in the summer coz China doesn't need him to win the asian game. considering his age and conditions, he is no more the future but the now. So rest well n play hard, Yao.
Okay, now that we have established that you are infact, communist, stick this in your pipe and smoke it. Washington Journal Article from 2002 when Yao Ming signed his contract with the rockets... Friday, June 7, 2002 On the Contrary China plan for Ming's salary taxes U.S. mindsWashington Business Journal - by Eric Winig The nerve of those Chinese. The Chinese government, in a move that has drawn sharp criticism here in the U.S., says it plans to take half the income of Yao Ming, the potential No. 1 pick in the upcoming NBA draft. Newspaper columnists have universally denounced the move as unreasonable -- China is not entitled to any of his salary, they say -- and some argue it could even dissuade teams from drafting the 7-foot-5 player. Pardon me if I find the whole flap a little comical. New York Times columnist George Vecsey calls China's demand a "veritable oldie of socialist suppression," and says the move will backfire on the Communist country. "Glomming on for more than 50 percent of the gross," he says, "merely sends athletes over the border that much faster." Hmm ... that's an interesting point. Imagine, a government with the temerity to demand half the income of its highest paid individuals. Imagine. The fact is, China's demand is no more unreasonable than the taxes our own government will extract from Ming, which will surely total close to 50 percent of his income. Consider the following scenario. Let's say Ming gets drafted by the Washington Wizards, and chooses to live in D.C. Admittedly, such a scenario is unlikely, as the Wizards have the 11th pick in the draft and have shown little interest in moving up to draft Ming. Taking into account D.C.'s title as "capital of the free world," however, it seems appropriate to compare how its taxes stack up against those levied by Red China. First, of course, Ming will be hit with a federal income tax rate of 38.6 percent. Add in D.C.'s 9.5 percent income tax, and he has already surrendered close to half his paycheck. Oh, and how could we forget Social Security and Medicare taxes, totaling 7.65 percent of income? Both programs cap taxes at income of $84,900, so they will not hit Ming as hard as they do middle-class wage earners, but they must still be considered. Sales tax is a little more difficult to compute, since Ming will spend much of his time away from home. But precious few locales charge shoppers less than 5 percent for the privilege of buying things, so let's use that as a conservative estimate. Still, he's not finished contributing to our progressive, free-market government, the federal arm of which recently committed nearly $200 billion to bail out needy small farmers such as Archer Daniels Midland. Presumably Ming would like to buy a house in the nation's capital, which will require him to fork over 0.96 percent of its value every year in property taxes, not to mention various fees associated with the home-buying process. And, since he will likely pay cash (assuming he has enough money left), he will lose out on the mortgage interest exemption claimed by most homeowners. While it is impossible to put a specific figure on Ming's total contributions because of variables such as what he buys and where he buys it, the government's total haul -- including city, state, and federal levies -- will certainly be close to 50 percent of his income. In other words, while the Chinese government wants half of Ming's salary, so do we. Some may argue U.S. taxes are more applicable in this situation because Ming will be residing in this country, not China. Yet the U.S. taxes its citizens on overseas income, no matter where they lived when they earned it. Pete McKenna, a CPA at D.C. accounting firm Beers & Cutler, says while the U.S. has tax treaties with many countries to set rules for such situations, he knows of no treaty that would govern a Chinese athlete who earns income in the U.S. "If a U.S. person goes someplace else and there's no treaty," he adds, "we expect to tax their income." Of the many U.S. programs into which Ming will pay taxes, meanwhile, he will see benefits from precious few. In fact, he has probably received more services from China over his first 22 years than he will ever see from this country. I am not endorsing China's demand, mind you; far from it. I just think it's ironic that while everyone rushes to criticize this country's recent tax cut as "irresponsible," we're all too happy to cluck our tongues at the Chinese government for daring to tax one of its soon-to-be highest earning citizens. The ironic part is, as China grapples with free-market reforms, this country seems to be sliding in the other direction. U.S. columnists looking for an unreasonable and overly burdensome tax regime don't need to go halfway around the world to find one; they can simply look in their own backyard.
I hope he will rest like most here but I don't think playing for China is as bad as it sounds. 1. It is NOT like an NBA scedule where he might have 4 physically-draining games in 5 nights, 35+ minutes a game, and against world-class competition 2. As someone with very limited natural agility (or so I hear), maybe playing a light schedule for China against lesser opponents will keep his skill from deteriorating. JVG once said he needs a lot of repetition.
that's the kind of info I was looking for! OK, so they have the Asian Games coming up...good time to let Yao take some time off. Do the PR work, hype it up - but just don't play!!!
That's just nonsense. What's the fact in the source you cited? Is it a fact or perception? People who have no knowledge about tax would write articles like that. The only givernment in this world that collects tax from Yao is IRS in USA. There is no double taxing. There is a treaty between USA and China. Now, stop making lies about Yao's tax.
By the way, Yao probably have green card now. Chinese law speaks clearly about the (no) taxing issues about people who do not live in china most of the time. Before, Yao got his GC, Yao should have a work permit/visa. That is under the Sino-US treaty: again, no double taxing. Yao contributes a lot to IRS.
To me it is not that playing for China during the summer wears him out that much, just that he will not have the time to work on and improve his games. Great players always work to improve their during summer, Jordan, Kobe, even Amare Studmaire, his jumper now is very deadly, an huge improvement since his rookie year.
Interesting viewpoint that I haven't considered. My only concern wouldn't be the actual games, but rather the practice schedule. I think that we all know that Yao's not the type that would half-ass it in practice, even if the coaches told him to take it easy. That's just not him. I'd just rather know that Yao and Ye Li are relaxing on a beach somewhere for a couple months.
this thread is getting funnier and funnier every passing moment. all we need now is hkcosser to join the discussion.
Yeah, all of a sudden Chinese Gov are Nazis and Yao wants to rape Kobe.... Take that "Dallas guy" for example, as far as I know Chinese Gov. can't do $hit if he doesn't want to play, however dude did get some unfair treatments from some of the Media though. Then again there're CNN and Fox news...... As Yao's case, since he already served quite a while in the National team, and played in the Olympics, I doubt anyone from the Media would give him a hardtime this summer. As long as Yao doesn't rape Kobe and joesr's mom, he's free to stay anywhere this summer.
I understand that being proven wrong by multiple sources now must be hard on a person like you. (the kind who are always right because they have nobody in their life, therefore they only get to hear their own stupid opinions) So I will just let it go, and I will just assume that you are King of all knowedge and very bitter about Western Democracy, Taxation, and Values. Enjoy your Communist lifestyle, you seem like a very angry person, and for that, I will pray for you.
Yes, Yao is a little bit working too hard. He goes to another extreme of TMAC. Not good either, though.
dude you were supplied 2 links wtf is wrong with you. the American military is a great way to see this. just cause a person is stationed in Japan he will still pay govt and state taxes, not Japanese taxes.
