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Thread: Who, What, Why: Why are US athletes taxed on Olympic medal wins?

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08-04-2012, 08:35 AM

horatio

horatio is offline

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The US is doing the right thing, prize money is income so it has to be taxed. A decent tax code does not care about the source of income and grant special rights to folks who make a living via sports. Actually such special rights are the main problem of tax codes worldwide.

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