U.S. Olympians Are Being Taxed For The Medals They Win In Sochi! Get The Greedy Deets HERE!

Everyone knows that the ultimate goal of the olympics is to return to your home country with a medal or two (or eight, if you’re Michael Phelps) draped around your neck!

But what you may have not known is that the highly coveted bling can actually burn quite a hole in your pocket!

That’s right! The Internal Revenue Service collects a hefty bonus any time an American Olympian earns a medal! How much, you ask? Oh, just $25,000 for gold, $15,000 for silver, and $10,000 for bronze!!

The buck doesn’t quite stop there either, as medals are actually deemed as taxable income, meaning gold medal winning athletes could be forced to pay in the neighborhood of $7,000-$9,900!!

Not surprisingly, this raised a red flag or two in the minds of a few Representatives who proposed the Tax Exemptions for American Medalists Act, which basically says Uncle Sam would have to keep his hands out of olympians’ wallets! However, based on the lack of success for a similar bill after the 2012 London Olympics, it doesn’t look like this one will pass anytime soon!

So let this be a lesson to all of the kiddies who dream of standing on top of the podium one day, just remember that if you plan on winning a medal, you better bring your checkbook with you!

[Image via Twitter.]