Archives For Sochi

“Taken together – the tax on Olympic athletes and the tax on income earned abroad – it can be said the U.S. has officially ‘earned the Gold’ for having one of the most backwards and illogical tax codes in the world,” Americans for Tax Reform said in a statement.

“Our tax code is a complicated and burdensome mess that too often punishes success, and the tax imposed on Olympic medal winners is a classic example of this madness,” stated Senator Marco Rubio when he introduced the Olympic Tax Elimination Act in 2012.

Uncle Sam must have been happy to see the United States win 1st, 2nd, and 3rd in the Ski Slopestlye event in Sochi this past week.

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