Tuesday, August 07, 2012

"Olympic Tax Elimination Act" Introduced

In more legal news of the Olympics, Sen. Marco Rubio (R-Fla.) has introduced The Olympic Tax Elimination Act, which would eliminate the tax on medals won by American Olympic athletes ($25,000 for gold, $15,000 for silver, $10,000 for bronze).

H.R. 6267

S. 3471


News and commentary:

CNN

Washington Post

Forbes

The Atlantic