TSC
TSC- the US Olympians have to pay taxes if they get a medal (gold, silver, or bronze) because they get $ also
Right doo but the value of the medal also counts as earnings. The medal becomes part of the tax they must pay.
My guess- It's Well Worth it to the Athletes! (Im sure they would rather not pay it but I still think they would rather medal and pay rather than not medal at all).
Well all other athletes in the sports world have to pay taxes on their earnings and bonus's for winning certain achievements so why not the Olympians? I agree, they probably would rather pay taxes and have the medal/s.
With the size of the medals now they would be far two heavy hang around the neck if solid gold, and far too expensive.
4 Answers
bulletman
Best answer!
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Click here>>http://en.wikipedia.org/wiki/Gold_medal
And I think yes because Olympics is worldwide !
| 13 years ago. Rating: 5 | |
Rob Green
Colleen
- The gold medal is made up of 92.5% silver and 1.34% gold, with the remainder copper (a minimum of 6g of gold).
This is a good article about the 2012 medals > http://www.london2012.com/medals/about/
| 13 years ago. Rating: 3 | |
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