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The Taxman Cometh

Reality sets in after the emotional meltdowns captured on tape and the endless publicity.

The ladies who received free cars from Oprah now have a decision to make:

Pay up to $7000 in taxes to keep the car.
Sell the car, pay the taxes and keep the rest of the money.
Decline the car.

http://tinyurl.com/4n764

Comments

( 3 comments — Leave a comment )
nstynittinnymph
Sep. 24th, 2004 11:57 am (UTC)
Oh, that's just rude. From what I gathered of the persons there, they couldn't affored to purchase new vehicles. Where is the $7 G going to come from now?
weelisa
Sep. 24th, 2004 05:43 pm (UTC)
Contest/lottery winnings in Canada are not taxed (although there are a couple of greedy politicians who want to change that).

I've heard that people often walk away from their winnings on The Price is Right after they are slapped with a tax bill backstage. I wonder if it is true?
silverdee
Sep. 24th, 2004 07:51 pm (UTC)
Some of those prizes on The Price Is Right are pretty pricey so the unsuspecting contestants probably do get a big shock when they hear about the taxes.

Canada sounds like a very sensible place. Cheap prescriptions and tax-free lotto. Paradise!
( 3 comments — Leave a comment )

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