Re: Dreamz' "Backstabbing"
- From: The Horny Goat <lcraver@xxxxxxx>
- Date: Fri, 11 May 2007 08:42:34 GMT
On Thu, 10 May 2007 23:11:19 -0400, "Obveeus" <Obveeus@xxxxxxx> wrote:
Technically, the tax man should make Yau Man pay all the taxes on the prize.
Then, the taxman should collect further taxes from Yau Man for his gift to
Dreamz valued over $11K. Yau Man should be paying taxes twice for tonight's
stunt. Of course, that is what *should* happen with the taxes. Likely, the
taxman won't want the bad publicity of enforcing the law.
By this logic the player a couple of seasons back who was offered the
chance to give ALL the remaining players a car and give up his own
would have had to pay the taxes on ALL the vehicles?
I can see why he might not wish to trade his car for the
popularity...of course as a Canadian I'm not up on American tax law
(among other things game show winnings are tax-exempt in Canada) but
if you're right that would have been quite a penalty to pay - if you
don't win the million the taxes on 5 or 6 cars would be at least half
your winnings...
.
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