Old 01-11-13, 08:29 PM
  #984  
Rowan
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Originally Posted by Angio Graham
Putting aside the millions and millions of dollars that Lance Armstrong has paid in taxes, why do you think the US government should go after Armstrong to win even more money for the paxpayers ?
Where's your proof he paid millions and millions of dollars in taxes?

Any business person worth their salt arranges their affairs so their tax liability is minimised (legally). There are many, many zillionaires in the world who pay almost no personal tax because their trusts and family companies are arranged that way.

Whether Armstrong and his legal and accounting teams have paid enough attention in that areas remains to be seen.

While USPS is not directly a government operation, the sponsorship money was used to support a person and team whose behaviour resulted in null and void results for a large number of races. USPS's reputation has been tarnished, and the fact that it loses large amounts of money each year is irrelevant.

The thing that might save him is the wording of the sponsorship contract, including sunset clauses, and the statute of limitations on taking action for recovery. Merlinextraligh may be able to shed light (again?) on that.

I am still wondering whether there could be some racketeering charges floating around in the background. But as with most gangsters who serve time, the likelihood is that Armstrong might be done over for some moderately low-level crime paper crime such as tax evasion.
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