http://abcnews.go.com/blogs/business/2012/08/the-price-is-right-but-taxes-are-wrong/ The latest Business news and blog posts from ABC News contributors and bloggers. Wed, 19 Jun 2013 02:14:42 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://abcnews.go.com/blogs/business/2012/08/the-price-is-right-but-taxes-are-wrong/#comment-2579417 Gerald W Lapple Thu, 07 Feb 2013 18:54:17 +0000 http://abcnews.go.com/blogs/business/?p=104867#comment-2579417 The Price Is Right usually has two to four minorities per program. I'd love to have a ticket to watch what happens after the show when those "up front" luckey winners are informed of the real world. Gotta be better than going to the Zoo! The Price Is Right usually has two to four minorities per program. I’d love to have a ticket to watch what happens after the show when those “up front” luckey winners are informed of the real world. Gotta be better than going to the Zoo!

]]> http://abcnews.go.com/blogs/business/2012/08/the-price-is-right-but-taxes-are-wrong/#comment-2296299 Annie Mon, 13 Aug 2012 00:02:19 +0000 http://abcnews.go.com/blogs/business/?p=104867#comment-2296299 Sorry, but if that guy is paying nearly 33% rate on those prizes, then he is already a multi-millionaire. That high a rate only applies to income above nearly $400,000 a year. Sorry, but if that guy is paying nearly 33% rate on those prizes, then he is already a multi-millionaire. That high a rate only applies to income above nearly $400,000 a year.

]]> http://abcnews.go.com/blogs/business/2012/08/the-price-is-right-but-taxes-are-wrong/#comment-2295161 kate Fri, 10 Aug 2012 14:22:11 +0000 http://abcnews.go.com/blogs/business/?p=104867#comment-2295161 That guy that turned down his $10,000 prize because he didn't want to split it with his ex is a real Einstein, isn't he? Isn't $5k better than nuthin'? He must only have one brain cell to rub together. (I guess THAT'S why his head rattles...) That guy that turned down his $10,000 prize because he didn’t want to split it with his ex is a real Einstein, isn’t he? Isn’t $5k better than nuthin’? He must only have one brain cell to rub together. (I guess THAT’S why his head rattles…)

]]> http://abcnews.go.com/blogs/business/2012/08/the-price-is-right-but-taxes-are-wrong/#comment-2294751 Cam Thu, 09 Aug 2012 16:44:10 +0000 http://abcnews.go.com/blogs/business/?p=104867#comment-2294751 The guy's lucky he didn't win a vacation. Vacations are the worst prizes to win. You can't sell them and you'll get stuck paying the taxes and full charges. At least this guy won items he could sell and pay the taxes off on the other items. The guy’s lucky he didn’t win a vacation. Vacations are the worst prizes to win. You can’t sell them and you’ll get stuck paying the taxes and full charges. At least this guy won items he could sell and pay the taxes off on the other items.

]]> http://abcnews.go.com/blogs/business/2012/08/the-price-is-right-but-taxes-are-wrong/#comment-2294734 DanTheMan Thu, 09 Aug 2012 16:22:05 +0000 http://abcnews.go.com/blogs/business/?p=104867#comment-2294734 Oh, how terrible for him! I won't be able to sleep tonight, I'll be crying all night thinking of this poor poor guy who thought he had won $57,000 in a single day and in reality he had only been given $40,000 completely free. The humanity! That would only be about 4 years worth of mortgage payments for the average American, hardly worth it for an hours worth of hard labor spinning colorful "wheels of fortune"! Oh, how terrible for him! I won’t be able to sleep tonight, I’ll be crying all night thinking of this poor poor guy who thought he had won $57,000 in a single day and in reality he had only been given $40,000 completely free. The humanity! That would only be about 4 years worth of mortgage payments for the average American, hardly worth it for an hours worth of hard labor spinning colorful “wheels of fortune”!

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