Olympic Outrage

The Friday File: While Olympic gold medal winners receive $25,000, silver medalists $15,000 and bronze winners $10,000, courtesy of the US Olympic Committee, they pay income tax on those winnings. Now our braindead Congress wants to make those awards tax free! This is a perfect example of what’s wrong with our tax code. There’s no shortage of Olympic wannabees and no public benefit that results from this proposed feel-good giveaway!