Pour the vodka into a clean jar with a tight fitting lid. Wash the oranges and slice them into 4 to 6 pieces and submerge them in the vodka. Store in a cool, dark place for 2 weeks, shaking it once a day.
Strain the liquid through a fine mesh sieve or a cheesecloth. Return the vodka to a jar, and put it back in it’s cool, dark place to age for 3 weeks to mature the flavor.
To make the Orange Liqueur:
Make the simple syrup by combining the sugar and water in a saucepan and heat, stirring, until the sugar dissolves. Cool completely.
Pour the vodka into a jar, start by adding ¾ cup of the simple syrup and taste. Add more if you want it sweeter, but it will get sweeter as it ages. Label it, cover tightly and store in a cook dark place for 6 weeks.