Watch LIVE

Romney joins calls for end to Olympic medal tax

Mitt Romney (AP Photo/Mary Schwalm)

Yesterday, I noted how Olympic athletes face steep tax bills when they return home with their medals. In response, Sen. Marco Rubio introduced a bill that would exempt athletes from paying royalty taxes on their medals.

Today, GOP presidential hopeful Mitt Romney is jumping on the bandwagon:

Add presumptive GOP nominee Mitt Romney to the list of people who want to stop the federal government from taxing Olympic medals.

"He believes that there should be no taxation of the type you are describing on their hardware," Eric Fehrnstrom, a top adviser to Mr. Romney, told reporters in a conference call on Thursday.

Most recent
All Articles