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Do the olympic gold medal winners have to pay taxes on the medal?
Only U.S. Olympic athletes are liable to pay income tax on medals earned and prizes received at the London games. Under U.S. tax law, they must add the value of their Olympic medals and prizes to their taxable income. At today's commodity prices, the value of a gold medal is about $675. A silver medal is worth about $385 while a bronze medal is worth under $5. There are also prizes that accompany each medal: $25,000 for gold, $15,000 for silver, and $10,000 for bronze.
Do Olympic athletes have to pay to watch other Olympic events?
Yes
What problem did Mexico's War of Independence finally solve in 1821?
Mexico did not have to pay food and goods to Spain for their villages anymore
How much did America pay for California?
In exchange for the land the United States paid up to $20 million to Mexico and assume up to $3 million in U.S. citizens' claims against Mexico.
What was the negotiated with Mexico so that the US government would pay Mexico for parts of Arizona and New Mexico?
During the Gadsden Purchase (1853), Mexico sold parts of southern Arizona and New Mexico to the United States. This was the only peaceful purchase of land made from Mexico.
