Rubio introduces bill to eliminate federal tax on Olympic medals

Washington Times ^ | 08/01/2012 | By Stephen Dinan

[cableguymn]

this tax “cut” is so targeted it’s like a democrat plan.

Cut taxes for a handful of people who are only affected by the the tax their winnings a few times in their lifetime.. if that.

This is a waste of time and MY money that is used to fund the beast.

[Kansas58]

What if we can show you that other countries do NOT tax income earned outside of the boundaries of that country?

Mexico comes to mind, right away!

What if we can show you that other countries SPECIFICALLY exempt Olympic prizes from their tax rates?

What if America is made less competitive due to our tax policy?

And is this not a great way to illustrate that point?

[Kansas58]

And an MBA who received taxpayer funded educational benefits, and an attorney who received taxpayer funded educational benefits, and an actor who received taxpayer funded benefits, CAN ALL DEDUCT THEIR TRAVEL AND BUSINESS AND EMPLOYMENT EXPENSES, SHOULD THEY GO TO EUROPE AND EARN MONEY!

Envy belongs in the Democrat Party.

Envy does not suit any conservative.

[Kansas58]

I am saying that you are a cranky backstabbing loose cannon that does not really understand how to win an election.

[1035rep]

Good move by Rubio.

[marygonzo]

Thanks. Great points well said. We are fiddling. In Texas the Tea Party just thundered. No mSM but I think the people are getting wise and POed. In football you call them hitters— we need hitters, not rubio pro amnesty globalists!!

[Tea Party Terrorist]

The honoraria is income. That being said, they should then be able to deduct their training expenses, which surely outnumbers the actual winnings.

[itsahoot]

Is that you Karl? I know all about losing elections, I have voted for every loser you clowns have put up.

I will vote for Palin period.