Thread: Gamma Eta
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  #72  
Old 01-05-2006, 07:28 PM
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Quote:
Originally posted by DeltAlum
I haven't read anything except the end of this thread, so I'm sorry if this has already been mentioned.

What many people don't realize is that the contestant is responsible for income taxes on anything won.

A lot of those who win cars, boats, etc. end up selling them because they can't afford the taxes.
That was part of the reason why he sold it.

He could have afforded the taxes as he makes enough, but a) he didn't like the car and b) didn't want to be paying so much in taxes for a car he didn't even like.
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