Olympic Medal Winners Are Taxed - Should They Be?

Olympic Medal Winners Are Taxed – Should They Be?

“…Sen. Marco Rubio of Florida doesn’t want them [Olympic medal winners] paying taxes on the honorariums. The Republican lawmaker introduced a bill Wednesday that would exempt medal winners from the taxes, calling the penalty ridiculous. The USOC says a gold medalist gets $25,000, a silver medalist $15,000 and a bronze winner $10,000…”.* Ana Kasparian, Cenk Uygur, and Ben Mankiewicz discuss on The Young Turks.

*Read more here from the AP/Huffington Post: http://www.huffingtonpost.com/2012/08/01/marco-rubio-olympics-tax_n_1731147.html