I wonder sometimes.
Did you know that our Olympic medal winners have to pay taxes? Not so much on their medals, because, the medals (even the gold) are not THAT valuable. I didn't know that, though. I also didn't know that the medal winners also get a cash prize. Did you know that? I read that the gold medal winners get $25,000; the silver, $15,000; and bronze, $10,000. I never knew that they got money for winning. I thought the only prize was the satisfaction of competing and winning the medal. It's the cash for which they owe taxes, because it is considered earnings.
Hmmm. Got me to thinking. Wouldn't you think that if you go represent the United States of America in the Olympics, and you are good enough to win, that the United States of Ameria would not require you to pay taxes on those winnings? You wear the uniform of the USA, you compete on the team of the USA, and the USA gets part of the glory if you win. So the whole tax thing kind of seems wrong to me. (Well, except for the Olympic basketball team. I think all those gazillionaire NBAers should have to pay taxes!)
What do you think?