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Davis Backs Schock's Plan To Exempt Taxes on Olympic Medal Winners

Posted 2012-08-07 05:50:00 by WMAY News


13th Congressional Candidate Rodney Davis

A local congressional candidate is joining the call for tax breaks, for Olympic champions.

 

Republican Rodney Davis says he agrees with Congressman Aaron Schock that Olympic medalists should be exempt from taxes on the money they earn for winning at the Games.

 

Gold, silver and bronze medalists get cash up to $25,000 for earning a spot on the podium, but American athletes see more than a third of that eaten up in federal taxes.
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