income tax on olympic medals

Started Aug 2, 2012 | Discussions thread
Henry Schobin
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Congress needs to fix that
In reply to G. Gray, Aug 6, 2012

Congress needs to tax ALL Canadians and Mexicans for their use of our continent.

G. Gray wrote:

Before you try to introduce the number of Canadian medals I will point out that Canadians pay NO tax on winnings... Lottery, medals, gambling etc.

edwardaneal wrote:

U.S. medal winners will have to pay income tax

http://www.huffingtonpost.com/2012/08/01/olympians-owe-irs-taxes-medals-cash-bonuses_n_1729486.html

but of course an evil Republican (actually my local representative) has introdused a bill to get rid of this tax

http://www.swrnn.com/2012/08/02/bill-introduced-to-exempt-taxes-on-olympic-medals/

“Taxing the Olympic medals of U.S. athletes is like Scrooge putting a tax on Christmas presents,”

so what do you think - - should they pay tax on the medals they win????

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Rethink your last comment.

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