"Presumably, Leonidas of Rhodes received better treatment than this. Fortunately, tea party Republicans are on the case. Congressmen Blake Farenthold, Pete Sessions, and Walter Jones (if there’s a good cause, he’s usually there) teamed up in 2014 to introduce the Tax Exemptions for American Medalists (TEAM) Act, which would set medal earnings off-limits to the IRS."

IRS to Olympians: Congratulations! Now pay up

The government thinks it's appropriate to tax medal earnings.

from FB-RSS feed for Tulsa 912 Project http://rare.us/story/irs-to-olympians-congratulations-now-pay-up/