ELEPHRAME

Credibility Watch - Olympians Should Pay Taxes

A small controversy developed recently over the public’s realization that Olympic medal winners must pay taxes on their Olympic earnings and that members of Congress are attempting to end that tax. Many people have given their opinion on the story and one individual, Cord Jefferson of Gawker, has argued that Olympians should be required to pay taxes on their earnings. Jefferson supports his argument with two claims. Both of those claims are flawed; here’s why…