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Old 08-19-2006, 09:35 PM  
edgeprod
Permanently Gone
 
Industry Role:
Join Date: Mar 2004
Posts: 10,019
Quote:
Originally Posted by aico
What does the Gov't do? Smacks them in the face telling them that they now have to pay taxes on their free swag bags.

This year's Emmy swag bags estimated at being worth $2 million. Taxes on that = about $800,000


Why shouldn't they have to pay taxes? It's income, in the form of gifts.

Fuck 'em.
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