Detailed text transcripts for TV channel - KGO - 20120802:09:55:00
A silver, $3.85. bronze, under $5. that's telling. american gold medal winners will pay the i.r.s. up to $9,000. silver medal winners pay $5,400. bronze, $3,500. see the smiling faces. they pay taxes on medals and money they win depending on what level medal they get. >> that's terrible. i bet other athletes don't have to pay that. the u.s. is the only country that, that makes you pay taxes on any income you earn overseas. >> fascinating. i never -- the medals. i didn't know that was taxable. >> sad. >> uncle sam is everywhere. man. >> come on, there should be some sort of exclusion. for that ...
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