U.S. players with gold tax $ 9,000 Senator: should be tax-free

U.S. athletes in the Olympic Games won the gold medal , will receive $ 25,000 in prize money, behind the scenes will have to face a total of nearly $ 9,000 in taxes. Representative proposed that the duty-free concessions should be Olympic winners.
In the Olympic competition, the U.S. team glory for the country to win medals, there is prize money to be had, a gold medal will receive a $ 25,000 prize, silver and bronze medals each received $ 15,000 and $ 10,000 in prize money.
The people of the United States Tax Reform Association estimates that the gold medalist get the $ 25,000 prize money must be paid up to 35% of the tax to the U.S. federal government, that is, $ 8750; medals should be deductible by the value of a gold medal worth about $ 675 The deductible amount is about $ 236, the cumulative tax amount up to $ 8,986.
Florida Senator Rubio on the 1st Olympic duty-free bill, and hope that the Olympic athletes do not have to pay tax on to win a medal.
Rubio said in a statement: "dedicate their lives to the pursuit of sports outstanding performance of Olympic athletes should not be reaching the target, but also accept the punishment." Newspaper roundup