a bar code would be a proposed a bill in the senate as the senate is dealing with
the country's the the business of the country suffering
under recession business needs to get done
supported
does propose a bill
whereby
olympic gold medalist olympic medalist
tax-free
lament the prizes they get for wayne and i was first told you know we gave prizes
for winning amount
i did not know that until now
twenty five thousand dollars for gold medal the united states fifteen thousand
dollar for silver medal ten thousand dollar for abroad
but you get taxed on that
because it's
right what sort of is it in the beginning foxnews et cetera pretended as
if
like because he won the medal like a good gradually since here's a gold medal
ninety minute i was not
but that's not the case of all there
taxi you
on the prize that you are also getting so
like any income will be a twenty five thousand for any reason they would take
a certain percentage in by the way they wouldn't be nine thousand
unless you're in their bracket where you're making three hundred nate
thousand dollars and that is not the case for and trying again to percentage
of the olympians i worked for the most part fairly point nine thousand comes
from being cast of the thirty five percent rates without rate which only
people making again she said three eighty four support that return and plus
thousand dollars a year
will be in that bracket
and that would presume that your newt gingrich another bronte you don't know
how to write anything off
your right because of course usual indians can write off all their training
yet everything involved the cost rate everything in the book called the cost
traveling everything involved that is a good chance
that most uh... uh... most
gold medals
because of the loop holes
and which republican state with barbara lee has tried to create another one
they can't get that down to in some cases almost here
mhm
uh... grafica twelve by the way
www show you just by the way the salaries of the couple other olympic
athletes from
that now barbara rubio
band of the people washtenaw tax will project by the way last year made fifty
three million dollars she will be dr eight fifty two little surprise that all
the data that i could find that that that the source for the swiss forbes
uh... for at least the first to michael phelps i had to do a lot of searching
for before coming up with that
theory makes ten million year his wealth is is valued at about forty million
dollars a year
i have a tough time believing through all his endorsement for the only make
ten million but so these guys are the people markle rubio this among the
people who want to go rubios fight
he's sick please please don't act so that all be you know when you literally
status
you're punishing them for their success
so but under that logic then you don't actually then you wouldn't exclude beat
because orla brahma brothers went championship right
with the pressure for a successful axis fifty three million
just cassie was successful in a champion is that what uh... democrats in the
liberals in this country want to do
jaffa good dentistry tax you for a plumber we thank you for your basketball
player we turn to
that's how we get the money for the roads the bridges the gap supplier but
and another incredibly emotional a nonsensical argument be made is what
these people are representing the united states
mission worldwide and for that most or a soldier's and we talked about how come
we never discussed that yet and they make it tiny amount of money zakat how
about our cops who protect this the firefighters
then why should they do
and you can solve these people
why you don't want to strong good guys event is a good guy to do so as a
teacher in the coffin and i don't think that what we got the flat tax is going
to educate our can't stand the corporate takeover the olympics which is
undeniable
right which you have to talk about curriculum
but that's not what it used to be and i granted there something that not every
athlete is will rogers kobe bryant and michael phelps i get the genesis of the
u_s_ team these these these young women they're not making this kind of money
but the fact that it should be aware that you wanted soul that then instead
of making a point five million category but seven twenty five thousand
if thirty five thousand monopoly that doesn't know the life of twenty five
thousand will you be happy then
you know and so that we also did a little research as to what other
countries pad because it turns out
not only do we tax people for their battles but we're treatment of
really
yet take a look rather go out of here we go
italy pays a hundred and eighty two thousand dollars for a bloodhound
cameraman suppressed album out of that
russia pays a hundred and thirty five thousand dollars for global russia pays
fifty four thousand four hundred american dollars
for a bronze
that seriously go to russia
ukraine hundred thousand for gold seventy five thousand for silver
fifteen thousand per bronze
twenty thousand
in which twenty thousand dollars for me first of all that i can at the fed
ultimately
pocket
there's a story on the internet the philippines pays a million dollars
it'll help if they've ever want to go about but i love it the great britain
national product that's it for you do not
this is a social so there is italy social status actually getting back to
the case at all
cut
and i love the original idea which was that it was so you be the metal they
demand a paycheck that right leg doing out here
you know that the bachelor medal the bronze medal
how much taxes you'd have to pay for the bronze in the middle
two dollars let me know if you're a bronze medal is worth four dollars and
seventy cents
projects related to dollars is an exaggeration and actually a little over
a dollar if you have to pay any tax at all at the highest fred goldman based on
the price of gold how much gold is that it is worth six hundred and forty four
dollars
using at the beach actual that i thought that
at record the silver medal wasn't this three hundred thirty dollars
got a bunch of golden too but not quite as much
well equiped goals were six forty four another sore three thirty
the bronze
four dollars and cents
bring up the bronze medal and yet no wonder the chinese eh...
dosent congratulations that is if you want a bronze or silver