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US Olympics Committee Pulls Out of Olympics Over Taxes On Medals

Rio 2016 officially becomes the last Olympics games for the United States Olympians as they pull out indefinitely over hefty taxes places on medals.

“Taxing Olympians on the medals won  sounds strange to people living in and outside the States and these games are meant to bring joy to the entire nation. ” – Richson, sports fan in Colorado told our reporter.

Documents leaked to media indicate that the Olympians are to pay $350,450 in taxes for on the 121 medals won.

It has been rumoured that they Olympians have returned all won medals to the International Olympics Committee for their inability to pay taxes on medals won.

The U.S team won 121 medals; 46 gold, 37 silver and 38 bronze medals.

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