Winning a gold medal brings a $9,000 tax bill

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  • LVHerbie
    SBR Hall of Famer
    • 09-15-05
    • 6344
    #36
    Originally posted by SBR_John
    What about those team games like water polo? I guess everyone on the team gets 25 large?

    It shouldnt be taxed at all. Or at least the first 13k should be tax free under the gift tax.
    As long as we are throwing around handouts for athletics can I have my less than 25k income be tax free as well? Honestly I would be happy if mine was less than the 13.9% Romney pays (well from the only year we know about....) on the multi-millions he makes while joking around in campaign stumps that he is unemployed...
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      • FuzzyDunlop
        SBR MVP
        • 01-15-11
        • 2422
        #37
        USOC is retarded for not just having NBC pick up this tab.
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          • in2thethickofit
            SBR MVP
            • 09-26-09
            • 2622
            #38
            Your avatar kills me! Funny sh*t
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              • Chi_archie
                SBR Aristocracy
                • 07-22-08
                • 63172
                #39
                Originally posted by FuzzyDunlop
                USOC is retarded for not just having NBC pick up this tab.
                do we know that NBC didn't make a huge contribution to the fund?
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