Archive for Tag: victory tax

New Jersey Olympians shouldn’t have to pay state income taxes on winnings, says Dancer

TRENTON, N.J. – Nine New Jersey athletes brought home 11 medals — five gold, four silver and two bronze — from the 2020 summer Olympic Games in Tokyo. Now, Assemblyman Ron Dancer wants to shield those winnings from state income taxes through legislation he introduced in May. His bill...

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