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Calgary Herald from Calgary, Alberta, Canada • 52

Publication:
Calgary Heraldi
Location:
Calgary, Alberta, Canada
Issue Date:
Page:
52
Extracted Article Text (OCR)

E8 CALGARY HERALD STAMPEDE PARK Taxman worries local horsemen 111 llpilPKJilli? UUmJUu UUJU Lilian liJuoUUduu and that the national government couldn't afford another hostile reaction from the citizens. A $5,000 investment would have bought a top horse when this writeoff limit was introduced in 1952. But that amount is clearly outdated with yearlings now being sold for six and seven figures. But how much will the BTT be? Fowlis predicted the government would not introduce such a sweeping change unless it was for more than five per cent. The farm and food industry has also expressed alarm at the prospect of the BTT costing their industries multi-millions.

Although details of BTT are still hazy, the basic idea seems to be that the federal sales tax will be replaced by a tax at each level of production. The agri-food industry is also lobbying for exemption. The revenue raised will help the government engineer a sharp reduction in income-tax rates as part of a proposed reform package. SHORT TALES: John Hagen, a former jockey, scored his first training win with Judging Dei Apprentice rider Duane Davis scored his second lifetime win. Both have come aboard Super Attack at big prices Wednesday's featured claiming event was won by Past Victory (owner Henry Wynties, trainer Red McKenzie, rider Shelly Matus) Apprentice rider Real Simard received a three-day suspension for the disqualification of Bold Wynnie.

By Doug Abraham (Herald staff writer) The cure may be worse than the illness in tax changes for horse racing being proposed for the new federal budget. It's scheduled to be released in June. Horsemen have been told they can expect some improvements in the antiquated income-tax law that restricts an individual's racing losses to $5,000 per year. But the thought that it could be replaced by the Business Transfer Tax (BTT) seems to have everybody concerned. The BTT could mean a tax on every racing transaction.

That would include everything from claiming a horse, blacksmithing or buying feed in the backstretch to betting, parking and concessions in the public area. "The tax represents a threat to the racing industry," Alberta Horsemen's Benevolent and Protective Association president John Fowlis says. "It would negatively affect everything right down to the daily training of an animal." The national HBPA and Race Tracks of Canada are both lobbying against the BTT. "If I owned a private track, I'd be scared," said Stampede Park race manager Keith Barr, while noting his track doesn't pay taxes as a non-profit agency. "There'd be a tax literally every time a dollar changed hands." Barr said the feeling at a recent Race Tracks of Canada meeting was that the BTT wouldn't get off the ground.

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Sedan (CP-AP) NASCAR driver Tim Richmond, who is attempting a comeback from a life-threatening bout of double pneumonia, unof-fically posted the quickest one-lap speed ever recorded in a stock car Monday at Charlotte (N.C.) Motor Speedway. Richmond was clocked at 171.701 miles per hour in a Chevrolet on the 1.5-mile speedway just six minutes before practice ended, track officials said. Richmond set the track's one-lap record of 169.252 m.p.h. last October. "If you think that speed was fast, wait until I get the car setup feeling good," said Richmond, who was practising for the May 17, $600,000 The Winston.

"The new track pavement feels good, and I have the first and second turns down. It's those third and fourth turns." Other practice speeds reported Monday by track officials were: Ken Schrader, Ford, 170.293 m.p.h.; Benny Parsons, Chevrolet, 169.651; Richard Petty, Pon-tiac, 169.385; Rusty Wallace, Pontiac, 168.750; Davey Allison, Ford, 166.872; Lake Speed, 01-dsmobile, 167.858; Terry La-bonte, Chevrolet, 164.534; and Brett Bodine, Chevrolet, 170.454. IN SOCCER: Goalkeeper Paul Dolan and defender Colin Miller have rejoined Canada's national team for three games against Sheffield Wednesday of England. Dolan spent the latter part of the season with Notts County in the English First Division after he was unable to sign with Sheffield because the team was unable to secure a work permit for him. Miller played with Doncast-er Rovers in England this season.

The exhibitions are Wednesday in Windsor, Friday in London and Monday in Aylmer, Que. Sheffield Wednesday completes its Canadian visit May 22 in Calgary against Calgary Kickers. Everton paraded the English League championship trophy before its fans Monday before posting a 1-0 First Division victory over a Tottenham side missing several of the stars who will appear in next Saturday's F.A. Cup final. IN BASKETBALL: The Canadian men's national team defeated West Germany 104-89 in the final of the Hapoel Games in Tel Aviv.

Jay Triano of Vancouver led the Canadians with 29 points, while Barry Mungar of Dundas, was close behind with 24. Eli Pasquale of Victoria and Calgary's Karl Tilleman each tossed in 20 points. Triano was the top scorer in the tournament Pasquale was named the outstanding player. IN FOOTBALL Toronto Argonauts signed four import receivers, bringing the number of players to attend the Canadian League team's training camp to 77. The four include Joe (Joker) Phillips, who played one game for the Argos last season.

The other three signings are Kenny Hansmire, Kirk Phillips and Michael Sherman. The National League's Chicago Bears open a three-day camp today at Lake Forest, 111., to take a look at their five quarterbacks, 12 draft choices and a number of free agents. Heading the list of quarterbacks and draftees will be Jim Harbaugh of Michigan, the Bears' No. 1 selection in the recent college draft. IN RODEO: Albertans cleaned up at an event in Ashcroft, B.C.

on the weekend. Tom Eirikson of Longview placed first in the saddle bronc and calf roping events on his way to the all-round title. Bill Lowry of Hanna won the saddle bronc with a 78, while Steve Dunham of Turner Valley took the calf roping with a time of 9.2. Other winners were: Bareback, Frankie Bailer of Ponoka, 76; bull riding, Cody Snyder of Redcliff, 78; steer wrestling, Roger Bintz of Cremona and Lee Phillips of Carsland tied at 4.2; boys' steer riding, Greg Whitlow of Cremona, 79; ladies' barrel racing, Trish Brown of Calgary, 15.99. IN AWARDS: Gymnast Lori Strong is Canada's athlete of the month for April.

Strong, 14, of Whitby, won the Sports Federation of Canada award for dazzling performances at international meets in Hungary and East Germany. IN VOLLEYBALL: The United States defeated Team Canada three games to one in an international women's event at the University of Portland. The Regina-based Canadian squad won the opening game in the Yugo challenge cup series 15-13 in a two-hour marathon. The U.S. then took over with scores of 15-9, 15-6 and 15-10.

Joyce Gamborg of Melville, and Christina Necic of Calgary led Canada with 14 kills each. Cuba, the second-ranked team in the world, defeated Brazil three games to two. IN GOLF: Jack Nicklaus says he isn't about to add a lot of gimmicks to his Muirfield Village Club layout in Dublin, Ohio, just to torment the pros at the 1987 Memorial Tournament. A year ago, Hal Sutton fashioned rounds of 68, 69, 66 and 68 for a record score of 17-under-par 271 over the Nicklaus-designed course. "I know what your first question is going to be what are you going to do to keep someone from shooting 271?" Nicklaus said at a press for the 12th Memorial Tournament, to be held May 28-31.

"The answer is nothing." IN CYCLING: Jesus Blanc Vil-lar of Spain won the 18th leg of the 42nd Tour of Spain race, and Ireland's Sean Kelly, who was second, became the new overall leader. IN HORSE RACING: The fluctuating field for the 112th Preak-ness Stakes moved back to nine when Gulch was named as a likely starter for the second of the U.S. Triple Crown races Saturday. mow PIT of even the worst road and weather conditions. Four-wheel drive is just one of the Subaru advantages working for you.

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