Here’s a tip. The IRS always fucks you. Always. You can play games with your taxes, and shuffle around bits of money, sure. But you try to fuck them big, and you don’t know what you’re doing, they will fuck you. And with recent budget cuts, you’re looking at Grade D lubrication, friend.
So it should stand to reason that anybody with common sense would not attempt to royally fuck over the IRS without an incredibly good plan, or possibly brain damage. And I wouldn’t imagine that anyone in their right mind would neglect to report over $1 million dollars in prize money, especially considering that person won it in front of 50 million TV viewers. Something tells me that the IRS is gonna figure out that you have the cash, braniac.
Richard Hatch, the first winner of CBS’s “Survivor,” was charged today with failing to report his $1 million reality TV windfall to the Internal Revenue Service. The below two-count criminal information, unsealed today in U.S. District Court in Rhode Island, charges Hatch with filing a false 2000 tax return that omitted his seven-figure “Survivor” winnings. The nudity enthusiast, 43, is also charged with filing a false return for 2001 (he allegedly did not report $321,000 paid to him by a Boston radio station). If convicted of the felony charges, Hatch could face a maximum of five years in prison for each count and could be hit with a $250,000 fine. Hatch is scheduled to be arraigned on the charges in Providence federal court January 24.
And. You’re. An. Idiot.
Richard Hatch is a jerkHe used to live just down the road from me (in Middletown, RI). Of course, once he won Survivor, he told his hometown friends to fuck off while he made it big in Hollywood. Actually, he’s always been an arrogant prick. Good enough for him.
Yarr.Regardless of the guy being a fucktard, it’s still bullshit that the government gets a cut of fucking prize money.
am I the only one that sees thatif a gay man goes to prison, is it really the end of the world? I mean, sure… It’s not a gay cruise, but still. You get fed, you get to watch tv, but you’re still sucking wang.
Re: YarrrWTF. Prize money, like gambling winnings, is just as much income as any other source of cash, so why should it be exempt. On the other hand, 9% sales tax is a real kick in the balls.
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH
Why doesn’t Survivor pay the taxesI mean they stick people in the fucking jungle for a month and then write off that $1 million as a fucking business expense. I know the executives usually get a second \”bonus\” to cover the taxes on their first \”bonus.\” Fuckers. After taxes that million comes out to around $64,000. Still short of the sum needed to be above the law.
Haha !I guess the term \”down the Hatch\” will have a new meaning when he’s in jail.9% sales tax ? Our’s is 15% – but we get to keep ALL of our winnings.
are you high?\”After taxes that million comes out to around $64,000. Still short of the sum needed to be above the law. \”lmao, prove your horribly incorrect math plz…
It was a joke dumbassJesus, ask your daddy to show you how he does taxes next time he has visitation hours.I was just trying to make a point that the IRS fucks you up the ass with taxes on your gambling winnings. The IRS just fucking LOVES to slip in little moral carrots in the tax code, and they also love to slam the shit out of gamblers and lottery winners because…why the fuck not. It’s not counted as regular income, and if you have ever done something on the side and got a 1099 then the tax rate is like 40 fucking percent. That’s why, genius, if you ever win the lottery, and don’t worry you will I promise, you end up getting around 25-33% of the original lottery amount. If you want I can go into the Present Value of an annuity, but I don’t have the time nor the inclination to educate.I’d estimate that the $1 million in prize money comes out to maybe 500-600K when it’s all said and done. And that’s just the federal taxes…