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Originally Posted by JazmenFlowers
So, I heard that the IRS is cracking down on gift bags celebrities receive at functions. Gift bags at this past Oscars reportedly were worth $100,000 and the IRS says the celebs must pay up to $30,000 in taxes. This is, apparently, the first time this has happened and will be enforced from now on. I see it really hurting celeb attendance to Sundance, etc. I am, however, laughing my ass off at the fact that free **** is now taxable ****. Then, they could always donate it to charity and have a deduction on taxes.
What's your take?
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jason, i just love the way you say "bitches"~ damn i want me some swag bags, do you see the ****, these already pampered celebs get for free?!?!?!?~