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(Fox News)   Well, at least the Winter Olympics gives Fox News another chance to dust off its "Are High Taxes Making It Too Hard For Our Athletes To Afford Winning A Medal?" article   ( divider line
    More: Stupid, Fox News, U.S. Olympic, Uncle Sam, Winter Olympics, United States, gold prices, alpine skiing, wages  
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3088 clicks; posted to Main » on 08 Feb 2014 at 7:25 PM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

Voting Results (Funniest)
View Voting Results: Smartest and Funniest

2014-02-08 07:32:44 PM  
3 votes:
Just as the Olympics should be free in their entirety to watch, as Canada does for its citizenry, performing in the Olympics should not be subject to these kinds of burdensome taxes. There people are risking a lot for the sake of American PR, they should not have to pay taxes on the glory they bring home.
2014-02-08 06:31:47 PM  
2 votes:

vudutek: You earn income, you pay taxes. If they don't like the laws, nobody is forcing them to compete.

We all know that Fox News is the home to fair and balanced reporting, never so better exemplified by their restrained and thoughtful coverage of US tax policy.
2014-02-08 06:00:08 PM  
2 votes:
Taxation is at the lowest levels since... You know what forget it

Keep farking that chicken, Fox
2014-02-08 05:40:58 PM  
2 votes:
I remember after Phil Mickelson choked away yet another US Open last year, Fox News ran some derpy story about how he was probably relieved because he'd have owed another million bucks in taxes if he'd come in first.

Yeah, I'm sure that winning the one major that's eluded him, and putting himself in the inner circle of the greatest golfers of all time by only being the 5th golfer ever to complete the career Grand Slam wouldn't enter into it at all, and having to pay a bit of tax would make him regret it.  My suspicion is that Mickelson, like many pro golfers (and pro athletes in general) is in general alignment with Fox News politically, but if I were him, I'd find that insulting as hell.
2014-02-08 11:31:45 PM  
1 vote:
Do they get to claim their expense? e.g. does Shaun White get to claim every lift ticket as a business expense?
2014-02-08 11:09:56 PM  
1 vote:
Is this the same Faux News that runs all those cash for gold ads?
2014-02-08 09:29:03 PM  
1 vote:

Nutsac_Jim: Prey4reign: vudutek: You earn income, you pay taxes. If they don't like the laws, nobody is forcing them to compete.

We all know that Fox News is the home to fair and balanced reporting, never so better exemplified by their restrained and thoughtful coverage of US tax policy.

Yes, and it is totally balanced over at MSNBC where they said that the IRS is fair because somewhere in America, a Democrat was audited in 2012.

This thread isn't about MSNBC. Trying to say that they're bad too doesn't invalidate the fact that Fox is stupid. I'm responding to you as if you're a fifth grade because that's your apparent intelligence level.
2014-02-08 09:19:59 PM  
1 vote:

TerminalEchoes: Just imagine if NPR or BSNBC ran this story. Farkers would be outraged that Olympic medal winners were expected to pay taxes on their medals.

No, but keep making stuff up. Maybe someone will eventually believe you.
2014-02-08 08:26:27 PM  
1 vote:

INeedAName: Also - when athletes die, their kids have to pay taxes on the medals that get passed down.

If it's part of property over the 2014 exemption value of $5.25M, yes they'll pay 40% of its value on it.

Of course, they'll also have $5.25M of inheritance to pay it with.

Truly, history's greatest injustice.
2014-02-08 08:20:34 PM  
1 vote:
Oh look, its another unchallenged PR release from Grover Norquist and his boss the Koch Bros. again.
2014-02-08 08:06:57 PM  
1 vote:
Fox News: Where scientists and schoolteachers are "leeches" who deserve to pay double-extra taxes, but the person in the world who is the best at riding a snowboard off a cliff needs a special Congressional exemption on their income.
2014-02-08 08:06:43 PM  
1 vote:


2014-02-08 08:06:31 PM  
1 vote:

fusillade762: How are Olympic teams paid for?

Tax cuts and prayer in public schools
2014-02-08 07:45:37 PM  
1 vote:

dustman81: Yea, I'm sure that an Olympian is thinking "Winning a metal is an accomplishment of a lifetime, but I better not as I'd have to pay taxes on it."

Medal-winning Olympians have so many endorsement deals thrown at them upon coming home that paying taxes on their medal isn't a problem.

How the hell is that a motivation?  They're gonna have to pay so much of their sponsorship money to Uncle Sam they might as well just sign up for food stamps now.  Did you even read the article?  The more money you make, the poorer you are.
2014-02-08 07:42:18 PM  
1 vote:
Other countries: Our Olympians join the military and have the easy life in their hard training for the games.


Jamaica: We just like were on the beach and we thought, we should go in da bobsled competition, mon.


North American Olympic Athletes: Welfare is great. I can spend 16 hours a day training and dumb suckers give me money to get to the games to compete.

Foxnews: Ah, good? I mean like you are waving the U.S. flag, right? Damn you Obama for not throwing cash at these flag waving patriots.
2014-02-08 07:40:40 PM  
1 vote:
Oh no! Dropping $10k in taxes in exchange for potential endorsement deals in the high 6 figures / low 7 figures?

That's just Guantanamo style torture!
2014-02-08 07:32:50 PM  
1 vote:

vpb: Olympic athletes aren't professionals and they usually aren't really well off so I doubt that they are affected by taxes much.

I think Charles Barkley, Lebron James are considered well off.    And they are affected by taxes.
2014-02-08 06:07:34 PM  
1 vote:
im sorry, did they just give an example of two millionaires who are in the top tax bracket, and expect me to feel bad that if they win an extra 25k they only net around 16? let me bust out the smallest violen ever
2014-02-08 06:02:42 PM  
1 vote:
You earn income, you pay taxes. If they don't like the laws, nobody is forcing them to compete.
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