Even President Obama has Olympic fever, it seems. That’s the only plausible explanation for the latest word that the President is throwing his support behind a proposal to exempt U.S. Olympians from taxes on their awards. The President is responding to a measure which, as I previously blogged, had been introduced by Sen. Marco Rubio…
Just days after Usain Bolt announced that he would not be participating in any meets in the UK due to tax reasons, Britain’s sports minister has stepped in and offered to help. Sports Minister Hugh Robertson has told the BBC that he will look into whether there is something that could be done to encourage…
The fastest man in the world has finally found the one thing that will slow him down: Britain’s tax laws. According to the BBC, Bolt may not compete in the UK until the 2012 Olympics. He told a news audience, “I am definitely not going to run [in London].” Like the US, the UK attempts…
You only have to a take a peek at the Olympic coverage on NBC to confirm what tourists already know: China has a smog problem. On the opening day of the Olympic games in Beijing, video and photos showed shots such as the one above, of the National Stadium, shrouded in smog. And of course,…