Quote:
Originally posted by sageofages
At the last Oprah's favorite things, one was a Phi Mu I know really well. The exciting part this time is paying taxes on the "gifts" you get....joy job.
When she gave away the cars, several people had to either not accept them, or sell them out right to pay the gift tax on them $7000 on a $27,000 car.
Some fun being a favorite eh....?
|
Yeah so if they sold a $27,000 car and paid $7,000 in taxes on it and ended up with $20,000 in free money, I'm sure they were reeeeally reeeeeeeeeeeeeeeeally upset.
-Rudey