Contact Us
Make My Homepage

Should NJ Olympians be Tax Free? [POLL]

If NJ Assemblywoman Donna Simon has her way, NJ Olympians will be seeing one less tax bill than the rest of the NJ residents.

The United States women's soccer team celebrates with the the gold medal
The United States women's soccer team celebrates with the the gold medal (Jamie Squire/Getty Images)

Simon along with two others, will introduce a bill to make NJ Olympians medalists exempt from the ‘Olympic Tax.’

Currently, Olympic medal winners are taxed on the value of the medal and their monetary winnings, which consist of $25,000 forĀ  a gold medal, $15,000 for silver and $10,000 for bronze.

New Jersey had over 10 medal winners during the 2012 Olympics, including four from the Women’s US Olympic Soccer Team.

Do you think it’s fair that they should be taxed on their medals?

Take our poll below and let us know what you think.

 

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://nj1015.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!