03-10-2006, 04:40 PM
|
|
Addicted Ledgie
|
|
Join Date: May 2005
Location: Minneapolis Minnesota
Posts: 13,872
|
|
Quote:
|
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?
|
I just dont know how theyll get by... |