BJ Shea

 BJ Shea


BJ'S BLOG 08/03/12 "Taxing the Winners"

 
Yesterday on the show I read a story about the Olympics that really annoyed me.
The United States are one of the only countries that taxes their own Olympians on the money they make and the medal they win itself!

When an Olympian wins a medal, they also get a cash bonus:
 
Gold: $25,000
Silver: $15,000
Bronze: $10,000
 
The amount of taxes they have to pay for their medals is at $8,986 for Gold, $5,385 for silver, and $3,520 for bronze.

Welcome to the United “Taxation” of Americans!

With all the joy the Olympians bring to those who really love these events, all the hard work/training they do, and all the sacrifices they make to represent their country, it’s just a really lame thing to do to them.

Most kids get to have fun and go out, Olympians don’t because they are so devoted to their sport and to do this to them is just classless.  


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08/03/2012 7:28AM
BJ'S BLOG 08/03/12 "Taxing the Winners"
Please Enter Your Comments Below
08/03/2012 10:29AM
agreed
At first I thought it wasn't such a bad thing, but you're right a lot of these people are nobody that is going to be famous and make millions one day. So I thought, maybe not pay the famous athletes. (Basketball, phelps etc) but that's not right either. I think those athletes should donate the 25k to charities though. Not be forced to, cause that isn't right, but Missy Franklin who isn't even a senior in high school has never got to experience what high school is like cause all she does is train, and they're taking almost 9k from her winnings?! That's messed up
08/03/2012 11:06AM
We need revolution
There is no hope for our government. Time to revolt.
08/03/2012 11:46AM
Seems Consistent To Me
Remember, this President said that if you lead a successful business, you didn't build it, other people did. The same is true with the Olympians - it wasn't their hard work and years of effort that got them there - it was government largesse.- therefore when they win it is their obligation to pay the piper.
08/03/2012 11:46AM
Seems Consistent To Me
Remember, this President said that if you lead a successful business, you didn't build it, other people did. The same is true with the Olympians - it wasn't their hard work and years of effort that got them there - it was government largesse.- therefore when they win it is their obligation to pay the piper.
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