Paying $7,000 for a free car sucks
CNN: Oprah car winners hit with hefty tax -- "Like any prize, the value is counted as income; winners must pay up to $7,000 or forfeit the car.
Ouch. Next time Oprah wants to do that she should remember to do it during a special show in Canada. I'm pretty sure we wouldn't have to pay income tax on those. I know for sure we don't have to pay tax on lottery winnings.
Written on September 22, 2004