IRS Seeks To Rob Fan Who Gave Up Jeter's 3,000th

Chris | InformationLiberation
Jul. 13, 2011

You're not allowed to give someone a gift without giving the state it's cut.

From Yahoo! Sports:
Christian Lopez might end up wishing he kept that baseball after all.

Lopez became more than a footnote to the spectacle of Derek Jeter(notes) getting his 3,000th hit on Saturday at Yankee Stadium by returning the milestone baseball to the New York Yankees shortstop rather than cash it in for a likely six-figure payday. That touched off a debate still raging among fans days later: Would you have given the ball back or sold it to the highest bidder for a payday that was rumored as high as $250,000?

Lopez was rewarded by the Yankees with luxury box tickets for the rest of the season (including postseason), along with signed baseballs, bats and jerseys from Jeter. In addition, Lopez received four premium front-row seats to last Sunday's Yankees-Rays game.

Nice haul, right? Sure, but with those generous gifts comes tax liability.[...]

The IRS will likely consider Lopez's gratuities from the Yankees as income, and if so, he could end up having to pay anywhere from $5,000 to $13,000 in taxes, according to the New York Daily News. The New York Times, meanwhile, says the face value of the tickets to the remaining 32 regular-season games at Yankee Stadium are worth anywhere between $44,800 and $73,600. The paper's conservative estimate puts Lopez's tax bill at $14,000.
My favorite part of this story is the man's comments:
"Worse comes to worse, I'll have to pay the taxes," he told the Daily News on Monday. "I'm not going to return the seats. I have a lot of family and friends who will help me out if need be.

"The IRS has a job to do, so I'm not going to hold it against them, but it would be cool if they helped me out a little on this."
"Yeah, cmon bro, can't you just be cool about it and let it slide this one time?" Sorry sir, but the IRS' "job" is robbing random people like yourself, they're not here to "help you out," they're here to rob you and everyone else so the government can burn 4 trillion dollars a year on socialism and killing people. The sooner people start to "hold it against them," the better.













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