Discussion in 'Current Events' started by Jerry1, Sep 15, 2007.
Didn't go for as much as I thought it would...
"Cause I'm the taxman...yeah, I'm the taxman......"
Is this the one where the gov't was going to make the guy pay taxes on about a million dollars even if he kept it?
Well he was wearing a Reyes jersey so good for him
Yup. Apparently that's why he put it up for sale, to raise the funds for the taxes he was going to have to pay regardless of whether he kept it or not.
What did Bonds do with his other ball......hmph.
i wish he would get hit with a bat in the face 756 times.
No, the government wasn't going to make the guy pay taxes on the baseball. It was just a bunch of dumb fucking professors and accountants that were on the news talking about how much the ball would be worth and they started saying it MIGHT be taxable as though it was a fact that the fella was going to have to pay taxes on the ball each year.
Of course the government NEVER said they wanted taxes on it and the assumption that he'd have to pay taxes on the fucking thing is ridiculous. That would mean that any person that owns artwork would have to pay taxes on it every year and the same goes for all kinds of memorabilia.
It was just a bunch of boring accountants that wanted to be on the news.
I just remember a lot of lefties were saying "well, not everyone gets so lucky so he should sell it".
If someone buy's a piece of artwork at Sotheby's, Christie's or some other big-time auction they are gonna pay sales tax on the purchase. It wouldn't be an annual thing. This guy didn't purchase the ball, so they can't charge him sales tax. But, the discussion was that he'd have to pay some kind of income tax. But, you're right. It's a bunch of crap, either way. Check out this article:
New Yorker to sell Bonds' record home run ball in online auction
I think I would have sold it, too. Not for IRS purposes, but because I bet it won't be worth that much in years to come.
Who the fuck ever said this?
*Brady Bunch Tiki Music*