I either forgot or was unaware that the medals came with cash prizes. All of these rates are in the 35% range. Not even Olympians are immune. And as the Weekly Standard points out, Americans For Tax Reform reveals the real "twist of the knife:"

ATR notes that the real twist of the knife is that most other Olympians won't pay any taxes on their medals because America is one of only a handful of countries which taxes "worldwide" prize income earned overseas.