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Bill Proposed To Exempt U.S. Athletes From Paying Taxes On Olympic Medals

U.S. Sen. Marco Rubio (R-Fla.) yesterday introduced the Olympic Tax Elimination Act, which "exempts U.S. medal winners from paying taxes on 'any prize or award' won in any Olympic competition," according to Roberts & Argetsinger of the WASHINGTON POST. Rubio said, "Our tax code is a complicated...

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