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发帖数: 901 | 1 When Olympic medalists return to the United States, they're in high demand.
Everyone, from Michael Phelps to a bronze medalist in judo will be sitting
for television interviews, talking to newspapers, going to assemblies at
local schools and celebrating with friends, family and young athletes. They'
ll also draw some unwanted interest from everyone's favorite bureaucrats:
the IRS.
Medalists will have to pay hefty taxes for standing on the podium in London.
It's not the value of the medal itself that will require a separate line on
this years tax returns, it's the tax on the prize money that comes with a
gold, silver or bronze.
The United States Olympic Committee rewards Olympic medalists with
honorariums. A gold medal brings $25,000. Silver medals get you $15,000. And
a bronze is worth $10,000.
The Weekly Standard, a conservative news magazine, ran the numbers and
tabulated that the tax bill on a gold is $8,986, silver is $5,385 and bronze
is $3,500.
They note that Missy Franklin, an amateur who has yet to cash in on her fame
with endorsements, already owes $14,000 in taxes from her gold and silver
medal. By the time the Games are finished, Franklin's tax bill could reach $
30,000.
Come on, government. I know you're as inflexible as the IOC and couldn't
decide on pizza toppings unless a bipartisan commission deliberated for 13
days, but you can't make an exception to athletes representing our country
in the biggest event in the world? It's not unheard of: Military members are
exempt from taxes when they're deployed overseas. |
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