according to Chinese press. the captain of the Chinese badminton team, Xia Xuanze has donated one month's worth of his salary to the tsunami victims in Asia.
Not Much I've done some researches, I will say he makes roughly less than USD1000/month according to some 'official' sources. About their tournament wins, the govn't will take a big-bite of about 60% of the total prize!!! Insane! I hope one day in China those badminton heros/heroines will be as loaded as those soccer players who by the way - suck!!!.
I would say it's not the amt of money donated, it's the willingness. How many pple will really bear to donate a whole mth's salary? (i'm referring to most of the working class where they have other expenses to think abt). Way to go, xia!
Is 60% the income tax rate in China? And how about sponsorship money, does it go to the Chinese badminton association or to the players? Just curious. Very generous of Xia to donate his salary. Btw, Michael Schumacher (the formula 1 champ) donated 10 million Euro to the tsunami victims.
No - income tax rate is high in China, I mean real high but still not as high as 60%, it's assessed at progressive rates for the parts in excess of a specific amount of taxable income, varies from 5% to as high as 45%. for xia - if my guess about his monthly income RMB8000/USD1000 is correct - his income tax will be about 20% of it - about RMB1600/200USD. sponsorship money i don't know for sure - but my guess is a big part of it will go to the association. Yeah I do hope one day badminton heros will be as rich as other sportsmen/women, then those of us who enjoy playing won't feel alone, or weird hehe, or wussy as some put it.
only Xuanze donated? he's really kind-hearted.... what about other players or their head coach? head coach never show good example???
10 Million Euro - that's probably 1/4 of his annual earning. I kept thinking Michael Schumacher is a playboy. Now I start giving him great respect. And of course to Xia also.