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Exempt Olympians From Gold Tax?

In a bipartisan effort, Congressional lawmakers are proposing legislation to prevent the IRS from making Olympians liable for taxes, which would include one for honorariums for winning the gold, silver or bronze medal.

  • Phelps Swims in Last Olympic Race
  • US Women’s Swimming Goes for Gold in 4x100M Medley Relay
  • Williams, Sharapova Go For Gold
  • SLIDESHOW: World’s Fastest Women
  • SLIDESHOW: World’s Fastest Men
  • Full Coverage: London Olympics

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