I agree with yah 100%, our government is argh:verymad: //content.invisioncic.com/y282845/emoticons/verymad.gif.3f39c5c2fd57527b671fad3efdfac756.gif ...they're just plain out effin stupid with some crrap. I mean like come on he caught the ball, does every home run catch have to be taxed now? What about those tee shirts the stadium sometimes shoots into the crowd? Should that be taxed too? SO what if it is worth money, it was a "gift" we dont tax gifts to others. Man the goverment is just jealous they miss all the fun.Indeed... I think that taxing the guy for the ball if he keeps it is ridiculous. Now, if he sells it... sure, that is income. But if he keeps it? He didn't make any money yet... tax him if he sells it but not for keeping a **** baseball.
some? heh heh //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gifI agree with yah 100%, our government is argh:verymad: //content.invisioncic.com/y282845/emoticons/verymad.gif.3f39c5c2fd57527b671fad3efdfac756.gif ...there just plain out effin stupid with some crrap
//content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif most definatlysome? heh heh //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif
What if he doesn't want to sell it? It's not like he came from Australia to see a game to make money. I'm sure that ball is worth a tremendous amount to him, emotionally.this sounds like the type of problem i wish i had.
I mean come on.. even if they tax his ass the 200K...and that isn't even a sure thing yet.... he is still up 400K.. i feel so fukkin bad for him.
now it would be one thing if he actually came from Australia...What if he doesn't want to sell it? It's not like he came from Australia to see a game to make money. I'm sure that ball is worth a tremendous amount to him, emotionally.
But it may not be worth 200K in taxes he'd have to pay should he not sell it.
I don't really give a fuk if he wanted to keep it, too dam bad. Worst case scenario he made at least 400K.What if he doesn't want to sell it? It's not like he came from Australia to see a game to make money. I'm sure that ball is worth a tremendous amount to him, emotionally.
But it may not be worth 200K in taxes he'd have to pay should he not sell it.
true...but would you still have to pay taxes if you denied the lottery money?Basically it is like winning the fukkin lottery and people have to pay taxes on that.
true...but would you still have to pay taxes if you denied the lottery money?
i know he is not necessarily being taxed yet...this is a what if
imo, its a valid comparison.
if you win the lottery, you get money and are taxed on it. if you deny it, your income in no different than it were before and will not get taxed.
if he caught the ball and sold it, he has increased his income and the govt is entitled to get their dues. if he keeps it, its not necessarily worth anything, as he didnt get any money. its just a ball. yet they might still tax him.
just how i feel about it
edit: where did they say that they have decided not to tax him? i thought i read it was up in the air?
double edit: this is the only thing i read about the IRS
"But for its part, the IRS seems reluctant to clear up the confusion."
So if he gives the ball back, he wouldn't have to pay taxes. If he keeps if, he might have to pay them.As Mark McGwire chased the mark for most home runs in a season in 1998, IRS officials initially said the ball that broke Roger Maris' long-standing record could be subject to taxes even if it were returned to McGwire. The statements were ridiculed by politicians and quickly disavowed by the agency's top brass.
yea but the prizes have a market value that is easily established. when you win a car you pay taxes on it because its worth 30k at a dealer. when you win a 54" plasma tv on a game show you pay taxes because its worth 4000 or whatever at a store.So if he gives the ball back, he wouldn't have to pay taxes. If he keeps if, he might have to pay them.
Your comparison isn't valid because winning the lottery and not accepting the ticket is more comparable to catching the ball and giving it back... and that means no taxes.
His deciding to keep the ball and being taxed on it is more comparable to winning a **** load of prizes on a game show. If you win a bunch of prizes and decide to keep them, someone is going to pay the taxes. It might be the show, but someone will pay.
Again an invalid comparison.yea but the prizes have a market value that is easily established. when you win a car you pay taxes on it because its worth 30k at a dealer. when you win a 54" plasma tv on a game show you pay taxes because its worth 4000 or whatever at a store.
a baseball is only worth $5 at a store. and just cause a few collectors value it at 600k he is subjected to 200k of taxes?
thats because i think my logic is still correct you hate mongerAgain an invalid comparison.
That is like saying that winning a cash prize shouldn't be taxed because it is only paper.
Sport memorabilia has a value and that value can be easily assessed.
You were originally arguing that keeping the baseball would be like not claiming the lottery money. I would like to point out that you have shifted your argument without conceding i was correct when I showed you were using a faulty comparison.
Care to try again?
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