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The $30,000 Oscar Tax

07 March 2006  |  Written by   

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Haven’t you always longed for an Oscar goodie bag? The holidays, the spa vouchers, the $70,000 underwear… Well, this year’s lucky recipients didn’t just get a hangover on Monday morning: the contents of the bag were worth so much that they are counting as taxable income - $100,000 worth. This means the poor dears are going to have to fork out a massive $30,000 worth of tax in order to keep their goodies. IRS commissioner Mark Everson said, "We want to make sure the stars 'walk the line' when it comes to these goody bags." Now there’s a man with a future in silent films.

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