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Bummer: Olympian Medalists Owe Major Taxes on Winnings

kivalove Wrote: Aug 02, 2012 1:33 PM
Appearance is something you should definitely consider when you're going out. Have your girlfriend clip your nails or something like that. Meet the people of your choice here ******

If you're anything like me, you've spent the last few days absorbing every Olympic event in which the United States has competitors (so, yeah, sorry handball), and cheering on the amazing American men and women who are winning medal after medal. They represent our country with grace, and win with honor, all while providing us an opportunity to revel in the fact that we live in the greatest country on earth.

Thus, I found it absolutely galling to learn that the US government congratulates the medalists with a big, fat tax bill when they return stateside. Oh yes: Olympic...