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According to Fox News, the group Americans for Tax Reform, which has calculated the federal tax that medal winners could face, mentioned that the United States is one of only a handful of developed countries that taxes such income, which means other Olympic competitors will likely not have to pay such taxes.
"The best way to make the government smaller is to make the economy bigger," Americans for Tax Reform President Grover Norquist, a longtime advocate for smaller government, told the group.
Grover Norquist, the influential head of Americans for Tax Reform, once said he was "not in favor of abolishing the government.
* Grover Norquist on Ted Cruz: 'He pushed House Republicans into traffic and wandered away' (The Washington Post): "Grover Norquist is the president of Americans for Tax Reform and the creator of the anti-tax pledge that nearly every Republican in Congress has signed.
Co-signers included investors such as Boston Common Asset management and Union Square Ventures, as well as scores of associations including Human Rights Watch, Electronic Frontier Foundation, the American Civil Liberties Union, Americans for Tax Reform and conservative FreedomWorks.
Also, hundreds of retailers were flying to Washington to rebuff the arguments of small-government groups, including Grover Norquist's Americans for Tax Reform, which has tremendous sway in the House.
Groups signing the letter include: American Commitment, Americans for Prosperity, Americans for Tax Reform, Competitive Enterprise Institute, Cost of Government Center, Freedom Works, R Street Institute, Taxpayers for Common Sense, Taxpayers Protection Alliance, and The Club for Growth.
The so-called "continuing resolutions" to which a divided Congress has increasingly resorted to keep the government operating, provide a "very powerful tool" to pry out spending cuts, said Norquist, president of Americans for Tax Reform. Republican Senator Bob Corker of Tennessee said he will not be satisfied until there are substantial cuts to federal retirement and healthcare benefits known as entitlements, producing savings in the $4.5tn to $5tn range.
Grover Norquist is a conservative lobbyist who has founded a powerful organization called Americans for Tax Reform (ATR).
Norquist, who runs an outfit called Americans for Tax Reform, is the fellow who came up with the no-new-taxes pledge some 20 years ago.
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