Archive: February 26, 2010

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

By :: February 26th, 2010

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 question is especially interesting because The Washington Post reports the USOC may soon ask for direct government support.

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