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Americans Who Win Gold Medals Have to Pay $9,000 In Taxes

EVERYONE in the U.S. gets screwed by our messed-up taxes, even our Olympic heroes. Because it turns out when they win a medal...they owe the government TAXES.

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YouTube
YouTube
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1984 Los Angeles Summer Olympics – Celebrity PSA

Leading up to the 1984 Summer Olympics in Los Angeles, several celebrities did PSAs urging local residents not to drive, because of all the traffic that was expected. You might even recognize a few of them.

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Clive Rose, Getty Images
Clive Rose, Getty Images
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Michael Phelps Shatters Olympics Record with 19th Career Medal

Phelps set the record for most Olympic medals won by an individual when he picked up his 19th on Tuesday by leading the US to a gold in the 4×200-meter freestyle relay in London.

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YouTube
YouTube
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Paul McCartney and the Other Opening Ceremony Performers Were Paid $1.57 for Their Work

So how much did Paul McCartney and all the other musicians get paid for performing at the Opening Ceremony? A BUCK-57!

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Al Bello, Quinn Rooney / Getty Images
Al Bello, Quinn Rooney / Getty Images
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2012 Summer Olympics Recap: Day 3 — Missy Franklin and Matt Grevers Win Gold Medals

The US swim team captured two gold medals at the 2012 Summer Olympics in London on Monday, while the US men’s gymnastics squad disappointed. Here’s what happened at the London Games:

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Clive Rose, Getty Images
Clive Rose, Getty Images
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The Ten Funniest Names in the 2012 Olympics Include China’s Dong Dong and Canada’s Victoria Poon

I was watching women's volleyball on Saturday, and learned there's an American volleyball star named Destinee Hooker.  Who knew?

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YouTube
YouTube
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NBC Skipped a Part of the Olympics Opening Ceremony That Paid Tribute to Victims of the British Terror Attacks of 7/7

Part of the Olympics opening ceremony in London on Friday night was a tribute to victims of the terror attack of July 7th, 2005 that killed 52 people.

But if you were watching the show here in the U.S., you didn't see it

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Facebook
Facebook
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The Lubbock Olympics!

With the Olympics just around the corner, I thought it would be fun to imagine the games being played in Lubbock...not London. But, in what events would the athletes compete? Well, we need to make a few up!

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Ralph Lauren / AP
Ralph Lauren / AP
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A Senator Wants to Burn the U.S. Olympic Team’s Opening Ceremonies Uniforms Because They’re Made in China

Earlier this week, the U.S. revealed the outfits our Olympic athletes will wear during the opening ceremonies. With berets and white pants and skirts, we thought they looked like French sailors. But that's not what we're discussing today.

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Michael Phelps / Facebook
Michael Phelps / Facebook
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Ten Random Facts About This Year’s U.S. Olympic Athletes

The Olympics are just a few weeks away and the U.S. has finalized its roster. We're sending 530 athletes...269 females and 261 males... to compete in 246 out of the 302 possible medal events. See the next page for ten random facts about the team!

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Neil Mockford, Getty Images
Neil Mockford, Getty Images
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Jimmy Page Upset by London Olympics Snubbing

Imagine how Jimmy Page — who generously promoted the 2012 London Olympics during closing ceremonies for the 2008 games in Beijing — felt when he learned that the Who‘s Keith Moon was invited to perform before he was. The Led Zeppelin guitarist says he’s very upset about being completely left off the lineup.

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Stephen Lovekin, Getty Images
Stephen Lovekin, Getty Images
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Rolling Stones Join the List of Bands Who Won’t Play the Olympics

Rolling Stones drummer Charlie Watts has put another nail in the coffin of plans for the legendary band to play the London Olympics this summer. The 70-year-old tells the London Telegraph that he was never a fan of that idea. Pink Floyd and the surviving members of the Beatles have also shot down rumors of their potential reunions at the worldwide sporting competition over the past months.

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