Of Course You Should Have to Pay Taxes on Olympic Winnings, Dummies [London Olympics]

The dumbest story to come out of this year’s London Olympics isn’t about the judo competitor who alleges he accidentally ate a weed brownie before coming to London, or whether the guy from America’s crew team had a boner while getting his bronze medal (though he definitely did, and that’s alright, it happens). The dumbest story is that American politicians are now attempting to exempt Olympians from the taxes they have historically paid on their prize money. Even Obama, the socialist who hates victory, is on board with the plan. And you thought Ryan Lochte was dumb? More »

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