President Obama ends Olympic ‘victory tax’

Esther

Rising Star
OG Investor
WASHINGTON (AP) — America’s Olympic athletes will no longer pay a so-called victory tax under a bill President Barack Obama has signed into law.

The IRS will now be prohibited from taxing most medals or other prizes awarded to U.S. Olympians.

The U.S. Olympic Committee awards cash prizes to medalists, ranging from $25,000 for gold to $10,000 for bronze. The money has been considered earned income, thus making it subject to what some lawmakers have called the “victory tax.”

The measure would, however, permit taxes on high-profile Olympians such as multiple gold medal-winning swimmer Michael Phelps.

http://olympics.nbcsports.com/2016/10/10/president-obama-ends-olympic-victory-tax/
 
I would not give a damn one way or another. I am a black person that is only concerned about separation and finally doing for self. They may be athletes but they have still joined or became successful in an artificial world. It is just like in Jonestown the master wants you to be successful on the plantation or under his control. Not to leave and be a real man.
Obama helped to set up the blacks in Libya and the success of the black genocide in Libya. And he worked hard to promote homosexuality among young black males in different parts of Africa. He is an example of a well behaved so called black ( half devil and half original).
 
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