August 22, 2016 0 Comments

Did You Know An Olympic Medal Is Worth Less Than A Big Mac?

BRAZIL - Gold Olympic medals are not made out of gold! The 1912 Summer Olympics in Stockholm was the last time olympians received medals made with expensive precious metals. According to Yahoo Sports a bronze medal is worth less than the cost of a Big Mac but that won't stop the United States government from making each athlete pay up big time when they return home. The actual value of a gold medal is $565 while a silver medal is worth $315 and a bronze only $2.38.

Did You Know An Olympic Medal Is Worth Less Than A Big Mac?

The U.S. Olympic Committee pays each Olympic athlete a cash bonus for every medal they win. $25,000 for gold, $15,000 for silver and $10,000 for bronze. Americans for Tex Reforms says American Olympians will be hit with a huge tax bill for their winnings. The group estimates  athletes can pay up to $9,900 per gold medal, $5,940 per silver medal and $3,960 for every bronze medal won. 

POLL: Should The United States Government Make Olympic Athletes Pay Taxes For Gold Medals?






Also in News

PHOTO: Moving Van Spotted Outside Obama's $5 Million Dollar Mansion
PHOTO: Moving Van Spotted Outside Obama's $5 Million Dollar Mansion

January 16, 2017 0 Comments

A photograph of a moving van outside President Obama's new mansion went viral Monday.

Continue Reading →

Protesters Caught On Camera Plotting To Use Acid At Trump Inauguration
Protesters Caught On Camera Plotting To Use Acid At Trump Inauguration

January 16, 2017 0 Comments

In the shocking video the activists discus their tactics including the use of butyric acid bombs at the National Press Club and Deploraball.

Continue Reading →

Read the full letter the Bush twins wrote to Sasha and Malia Obama
Read the full letter the Bush twins wrote to Sasha and Malia Obama

January 13, 2017 0 Comments

Twins Jenna Bush Hager and Barbara Bush penned the emotional open letter to offer advice as the Obama daughters prepare to say goodbye to the White House.

Continue Reading →