Tag Archives: olympics

No Tax Breaks For Winnings From The Olympics, Please

No Tax Breaks For Winnings From The Olympics, Please

Senator Marco Rubio, R-Florida, has introduced the¬†Olympic Tax Elimination Act which would protect American participants in the Olympics from having to pay taxes on their winnings. America, like many other countries, pays athletes for medals. Gold medalists get $25,000, silver medalists get $15,000 and bronze medalists get $10,000. That’s income, and it’s susceptible to taxation,

Heidi Heitkamp Wants You To Thank US Olympians By Signing Up For Her Campaign Email List

Earlier today Senator Heidi Heitkamp sent out a tweet from her campaign account asking followers to click on a link to send a thank you to America’s Olympic athletes. The link she tweeted goes to her campaign website, where you’re asked to “sign” the card by providing all your contact information. Because, let’s face it,

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