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Old 08-02-2012, 02:55 AM
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Darcy Baldwin Darcy Baldwin is offline
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It's not Obama - it's the US Tax code that taxes everyone on prizes they receive - so the Olympians are taxed on the prize, just as you would be taxed on any prize earnings you receive.

It's being brought up because Sen. Marco Rubio brought a bill to the Senate to exempt them from the tax.
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