“The IRS wants to collect a large percentage of the prize money awarded by the USOC for medal winners based on the US’s horrible tax policy on wages earned overseas. The US is one of the few nations in the world to tax foreign earnings, a move that has driven businesses away from our shores even more than our insanely high corporate tax rate. And now this terrible policy is taking money out of the thin and worn pockets of Olympic athletes who are representing our nation in the games. Despite the waving of the flag, the benefit of US exposure from the games and the chants of ‘USA! USA!’ that will echo through the mountains of Sochi, the State has but one goal.”
http://lionsofliberty.com/2014/02/07/who-is-most-excited-for-athletes-to-win-olympic-gold-the-irs/
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