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Why is the U.S. Olympic Committee Tax-Exempt?

Watching the made-for-TV Olympics the other night, I could not help but wonder: Why does the federal government subsidize the United States Olympic Committee by granting it tax-exempt status? The...

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Tax-Free Olympic Boodle is Gold Medal Stupidity

President Obama and conservative GOP senator Marco Rubio (R-FL) agree: Olympic medals and the cash awards that go with them should be tax-exempt. This is the dumbest idea of the summer—and in our...

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