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  • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals
  • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals


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    Thread: Congress makes bipartisan effort to exempt Olympians from taxes on winning medals

    1. 08-04-2012, 11:41 AM #1
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      Default Congress makes bipartisan effort to exempt Olympians from taxes on winning medals



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      • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals
      • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals

      • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals
      • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals
      • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals
      • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals
      • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals
      • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals
      Congress makes bipartisan effort to exempt Olympians from taxes on winning medals
      Congressional lawmakers are taking to their Capitol Hill podium to keep the federal government from taxing medal-winning U.S. Olympians, with the chairman of the GOP-led tax writing committee among the latest to join the bipartisan effort.




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    2. 08-06-2012, 02:53 PM #2
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      Default Re: Congress makes bipartisan effort to exempt Olympians from taxes on winning medals

      Quote Originally Posted by chrisotpherm View Post
      This is just to try and put a band aid on so the American people won't cause a stink.
      exactly what i was thinking sir
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    4. 08-06-2012, 03:37 PM #3
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      Default Re: Congress makes bipartisan effort to exempt Olympians from taxes on winning medals

      Its taxes on a 500.00 medal, if they win gold. Bronze would be taxes on a 2.00 medal.
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    5. 08-06-2012, 05:27 PM #4
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      Default Re: Congress makes bipartisan effort to exempt Olympians from taxes on winning medals

      The only people who deserve tax free are the military members who are currently deployed.
      lightweightbaby@hushmail.me
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    7. 08-06-2012, 05:31 PM #5
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      Default Re: Congress makes bipartisan effort to exempt Olympians from taxes on winning medals

      i just learned the other day that it isnt just a tax on the medal but they also receive a cash prize for each place as well
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    8. 08-06-2012, 05:45 PM #6
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      Default Re: Congress makes bipartisan effort to exempt Olympians from taxes on winning medals

      Maybe from endorsements. I'm pretty sure no money is involved.
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    10. 08-06-2012, 06:06 PM #7
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      Default Re: Congress makes bipartisan effort to exempt Olympians from taxes on winning medals

      Quote Originally Posted by suprfast View Post
      Maybe from endorsements. I'm pretty sure no money is involved.
      no they get a cash prize as well. that is why they lose their amature status when they compete in the olympics.
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    11. 08-06-2012, 06:57 PM #8
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      Default Re: Congress makes bipartisan effort to exempt Olympians from taxes on winning medals

      Well shit on me and call me ******. Learn something new everyday.
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    13. 08-06-2012, 09:40 PM #9
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      Yep gold is worth about 25k. Tax is around d 9k on that. Seems fair to me.

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    14. 08-12-2012, 02:56 AM #10
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      Default Re: Congress makes bipartisan effort to exempt Olympians from taxes on winning medals

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      • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals
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      • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals
      • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals
      • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals
      • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals
      • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals
      • Congress makes bipartisan effort to exempt Olympians from taxes on winning medals
      Quote Originally Posted by LightWeightBaby View Post
      The only people who deserve tax free are the military members who are currently deployed.
      They are tax free when deployed. As long as you are in the foreign country for one day of a month you get the entire month tax free. At least that's how it was when I was deployed active-duty. We always tried to leave as close to the 1st of the month as possible if we could help it to get another month tax free.
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