taxes

If you’re done harassing has-been baseball players and their trainers, perhaps you’d like to explain (and use little words, please) just what the fuck is going on with Wall Street and why we feel it necessary that the US Taxpayers should bail the rich asshats out?

Thanks.

First, get a million dollars. And then when they ask you why you didn’t pay income tax, use two simple words: “I forgot.”

With apologies to Steve Martin, who is a whole lot funnier than I.

According to a spokeswomen for Harpo Productions Inc., Oprah’s company, the recipients must pay a tax on the winnings, just like any prize.

For a brand new Pontiac G-Six, the model given away on the show, the sticker price is $28,500. The $28,500 would need to be claimed as income so, depending on the individuals tax bracket, the tax could be as high as $7,000.

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Now, if Oprah is as generous as everyone said after “giving” these 270 people a new car, perhaps she can find it in her heart to pay their income tax?

Or would they have to pay tax on it if she did?

Catch-22?