Medals

Bill to Remove Tax on Olympic Medals a D.C. Tradition
Republicans and Democrats regularly complain about it

Rep. Blake Farenthold, R-Texas, introduced legislation in 2014 that would have removed taxes from Olympic medals. (Tom Williams/CQ Roll Call file photo)

As United States athletes prepare for the Olympics, Congress is once again complaining about taxes on Olympic medals.  

Rep. Blake Farenthold, R-Texas, and Rep. G.K. Butterfield, D-N.C., are the sponsors of the Tax Exemptions for American Medalists Act of 2015, which would remove the taxes that are levied on Olympic medalists.