Should Olympic Champions Pay Taxes on Honoraria?

“Winning a gold medal brings a $9,000 tax bill”
Chris Chase
Yahoo! Sports
August 1, 2012

I have to take exception to the position of my fellow Republican Marco Rubio. Our problem in America is that we have so many exemptions from taxes that our tax code is hopelessly complex and difficult to enforce. If the working stiffs who loaded the plane that sent our Olympians to London had to pay taxes on their earnings, why should the Olympians be exempt?

The payment of taxes is a responsibility of citizenship, and if we believe in the concept of equal treatment under the law, we must not make such exemptions.

Being an Olympian makes you a hero, not less of a citizen. Let the Olympians pay their taxes.


Author: David Wolf

An adviser to corporations and organizations on strategy, communications, and public affairs, David Wolf has been working and living in Beijing since 1995, and now divides his time between China and California. He also serves as a policy and industry analyst focused on innovative and creative industries, a futurist, and an amateur historian.

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