2012 Summer Olympics

UpstateNYUPSer(Ret)

Well-Known Member
Gabby Douglas Owes Uncle Sam for Gold Win

Sixteen-year-old Gabrielle Douglas cemented her spot in history last week, as the first African American
to win the all-around women’s gold medal in Olympic gymnastics. But in addition to her newfound fame, Douglas
is also taking home a hefty tax burden from her wins in London, as are other winning Olympians.

For every gold medal won, Americans for Tax Reform calculated Olympians would pay close to $9,000 in federal
income tax. ATR reports silver medalists pay more than $5,300 per medal won.

Read more: Gabby Douglas Owes Uncle Sam for Gold Win | Fox Small Business Center


This has already been discussed several times in this thread. (Posts #55 and 60)
 

texan

Well-Known Member
This has already been discussed several times in this thread. (Posts #55 and 60)

You are right....
Now we can discuss the next Summer Olympics in Rio de Janeiro in a new thread.
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