Hilarious Example of Political Propaganda on ESPN

[Trip]

more power to him. I am not mad at him getting the money. What I am mad at is somehow this being spun as some anti tax bullshyt because he won 52k instead of 75k. Boo fukking hoo for him.


I dont know what Phil Mickelson has to do with this conversation.

The reason ESPN was reporting on this is because of Mickelsons comments about California a few days ago.

 

[Da_Eggman]

Catching a baseball isnt taxable income

Bullshyt story as usual

But before Murphy celebrates his windfall, he should probably call his accountant.

By most estimates, the ball that put Bonds atop the list of all-time home run hitters with 756 would sell in the half-million dollar range on the open market or at auction.

That would instantly put Murphy in the highest tax bracket for individual income, where he would face a tax rate of about 35 percent, or about $210,000 on a $600,000 ball.

"It's an expensive catch," said John Barrie, a veteran tax lawyer with Bryan Cave LLP in New York who grew up watching the Giants play at Candlestick Park. "Once he took possession of the ball and it was his ball, it was income to him based on its value as of yesterday,"

 

[mastermind]

Guess your mama was a lazy bytch that put them legs up in the air like Lambo doors

no, she was a very hard working woman who took on several jobs to put her children through college.

try again jackass.

I rather support military funding and help create jobs... not in big numbers but jobs to people that truly deserve them... idk... say college grads

im all for job creation, but money is wasted on defense spending on crap this country will never use. The largest portion of our budget is usually on defense spending.

The reason ESPN was reporting on this is because of Mickelsons comments about California a few days ago.

ok, now what does that have to do with me not giving a shyt that this guy was lucky enough to pocket 52k because of one lucky shot?

 

[Ed MOTHERFUCKING G]

so this guy gets money, that he did not earn, but hit a lucky shot, and ESPN felt the need to write this article?

lol....

you didnt make that!

it was a lucky shot

I consider earning it working somewhere a few hours in a day, not 5 seconds of luck.

Unless we are now saying people who won the lottery earned their money too?



incorrect and ignorant stereotypes. The mind of an idiot.

who the hell are you to judge?

The guy won a contest. He hit the shot. That's how it works.

I suppose Mickelson didnt earn his money either. All he does is hit a ball into a hole.

trip...

Lottery and contest winnings are reported differently than earned income. It is LITERALLY called unearned income to the IRS.

So....move on.

 

[PortCityProphet]

its a story because of this Mickelson nonsense

what he say?

 

[Trip]

trip...

Lottery and contest winnings are reported differently than earned income. It is LITERALLY called unearned income to the IRS.

So....move on.

I clearly havent won the lottery yet.

My bad.

 

[Trip]

what he say?

he said California sucks basically.

Tiger agreed

 

[Ed MOTHERFUCKING G]

But before Murphy celebrates his windfall, he should probably call his accountant.

By most estimates, the ball that put Bonds atop the list of all-time home run hitters with 756 would sell in the half-million dollar range on the open market or at auction.

That would instantly put Murphy in the highest tax bracket for individual income, where he would face a tax rate of about 35 percent, or about $210,000 on a $600,000 ball.

"It's an expensive catch," said John Barrie, a veteran tax lawyer with Bryan Cave LLP in New York who grew up watching the Giants play at Candlestick Park. "Once he took possession of the ball and it was his ball, it was income to him based on its value as of yesterday,"

If he doesnt sell the ball it is not taxable income. In fact, it would be unrealized earnings with a cost basis of zero until he sold it, in which case it could then be taxed at the capital gains tax.


Eggman

Youre out of your league here

 

[DStyles]

no, she was a very hard working woman who took on several jobs to put her children through college.

try again jackass.


im all for job creation, but money is wasted on defense spending on crap this country will never use. The largest portion of our budget is usually on defense spending.

I your mama then :shake:

 

[PortCityProphet]

thats if he sold it

 

[Walt]

who the hell are you to judge?

The guy won a contest. He hit the shot. That's how it works.

I suppose Mickelson didnt earn his money either. All he does is hit a ball into a hole.

Are you seriously comparing a job to a man getting randomly selected to hit a half court shotfor 75gs before taxes? Really?

Anti-tax sentiment is interesting to me when it's thoughtful, but most of the timr it's fukking childish, as in the logic of a 7 year old.

I wish I could keep all my money too. But I also enjoy taking public highways, walking through public parks, and sitting on public libraries once in a while. What is this incredibly retarded tax-free utopia in which we've earned earned earned and we keep keep keep and the society functions better because everyone gets what they deserve?

And how in the fukking world is a man who won 55 thousand a sympathetic figure? I guess the NBA teams could just be honest in advertising their promos and say A FAN WILL HAVE A CHANCE AT 55 Gs AFTER TAXES! I'm sure people wouldn't bother attempting the half court shot then, as a protest of how unfair the opportunity is.

:jackeenikkaplease:

 

[Da_Eggman]

thats if he sold it

nope he had to pay taxes on it regardless if he actually sold it or not

As soon as 21-year-old Matt Murphy snagged the valuable piece of sports history Tuesday night, his souvenir became taxable income in the eyes of the Internal Revenue Service, according to experts.
Even if he does not sell the ball, Murphy would still owe the taxes based on a reasonable estimate of its value, according to Barrie. Capital gains taxes also could be levied in the future as the ball gains value

 

[mastermind]

I your mama then :shake:

i'd rather you not.

I also rather you learn about who are actually on welfare and what welfare actually is than spout ignorance about it.

 

[DStyles]

i'd rather you not.

I also rather you learn about who are actually on welfare and what welfare actually is than spout ignorance about it.

You do know most people on welfare are lazy mo' fukkas

I come from a military family though

 

[mastermind]

You do know most people on welfare are lazy mo' fukkas

and what you dont know is that this is not true at all.

Are you seriously comparing a job to a man getting randomly selected to hit a half court shotfor 75gs before taxes? Really?

Anti-tax sentiment is interesting to me when it's thoughtful, but most of the timr it's fukking childish, as in the logic of a 7 year old.

I wish I could keep all my money too. But I also enjoy taking public highways, walking through public parks, and sitting on public libraries once in a while. What is this incredibly retarded tax-free utopia in which we've earned earned earned and we keep keep keep and the society functions better because everyone gets what they deserve?

And how in the fukking world is a man who won 55 thousand a sympathetic figure? I guess the NBA teams could just be honest in advertising their promos and say A FAN WILL HAVE A CHANCE AT 55 Gs AFTER TAXES! I'm sure people wouldn't bother attempting the half court shot then, as a protest of how unfair the opportunity is.

:jackeenikkaplease:

its absolutely hilarious.

these are the same people who complain about lack of police, firefighters, bad roads, and good teachers yet dont want to pay taxes.