luxury tax on gold medals  - EO's Award-Winning Magazine

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Win a medal, pay the price - News | FOX Sports on MSN
Aug 2, 2012 . Go for the gold — but should you succeed, be prepared to dole out some gold of your own. . That prize money is taxed at a rate of as much as 35 percent, Americans for Tax Reform calculated. On top of that, the medals themselves are taxed: You only have to fork over $2 . Best luxury cars for the money ?
http://msn.foxsports.com/olympics/story/US-medal-winners-pay-stiff-price-in-taxes-080212

Post-modern - Los Angeles Times
Aug 11, 2012 . Fully immersed in their separate quests for an Olympic gold medal in London, . Thumbing their nose at the NBA's ever-increasing luxury-tax .
http://articles.latimes.com/2012/aug/11/sports/la-sp-lakers-howard-trade-20120811

Gabby Douglas Owes Uncle Sam for Gold Win | Fox Small Business ...
Aug 6, 2012 . This tax burden comes from the compensation that goes along with the winning medals. . For every gold medal won, Americans for Tax Reform calculated . Luxury Hotel Exec Travels Globe But Uses Home Office as Base .
http://smallbusiness.foxbusiness.com/entrepreneurs/2012/08/06/gabby-douglas-owes-uncle-sam-for-gold-win/

2012 Olympics: Support Gaining for Olympic Tax Exemptions ...
Aug 8, 2012 . The push to exempt U.S. Olympic athletes from taxes on prize money has . All the Olympic gold medals star U.S. athletes such as Michael Phelps, . But not in the US because here, like Music, athletics is considered a luxury.
http://monrovia.patch.com/articles/2012-olympics-support-gaining-for-olympic-tax-exemptions

June 2012 Issue:

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    Olympic Athletes to be Taxed on their Medals and Income
    Aug 16, 2012 . American athletes could face paying taxes for the gold and silver medals they have won in the Olympic Games. This has outraged many, who .
    http://au.ibtimes.com/articles/374128/20120816/olympic-athletes-taxed-medals-income.htm


    No Olympic Gold Medals for this hotel I'm afraid! - Review of ...
    Barkston Garden Hotel Kensington: No Olympic Gold Medals for this hotel I'm afraid! - See traveler . 314 reviews. Luxury. Luna & Simone Hotel 4.5 of 5 stars 1,209 reviews. Show Prices . web sites. Taxes, fees not included for deals content.
    http://www.tripadvisor.com/ShowUserReviews-g186338-d192143-r136279862-Barkston_Garden_Hotel_Kensington-London_England.html


    Faster, Higher, Stronger, But Not for Taxes - MoneyShow.com
    Aug 13, 2012 . Let's set aside the value of those gold medals for a moment. . But some critics of the plan to eliminate taxes on the medalists have pointed out .
    http://www.moneyshow.com/artredir.asp?aid=Blog-28883


    U.S. Olympians shouldn't get a tax break - SFGate
    Aug 8, 2012 . Post-Games wealth awaits a few, most notably gymnast Gabby Douglas. A tax break on their $25,000 gold medals would hardly change their .
    http://www.sfgate.com/opinion/editorials/article/U-S-Olympians-shouldn-t-get-a-tax-break-3773665.php


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