is the fan who caught Jeter's 3000 hit getting too much attention

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  • Swoboda4
    Senior Member
    • Nov 2005
    • 1621

    #16
    Re: is the fan who caught Jeter's 3000 hit getting too much attention

    So the "kid' has to pay taxes on all his valuable gifts in exchange for the understood valuable ball. So,that means the same tax man will visit Derek for the ball he received as a gift.

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    • Doodles
      Senior Member
      • Jul 2011
      • 137

      #17
      Re: is the fan who caught Jeter's 3000 hit getting too much attention

      Mr. Swoboda4

      I am new to the forum...I see you share my love of the Met warmup jackets with names...what is the best way to trade thoughts with you on those? I actually own one that you asked about awhile back:

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      • Doodles
        Senior Member
        • Jul 2011
        • 137

        #18
        Re: is the fan who caught Jeter's 3000 hit getting too much attention

        Originally posted by Swoboda4
        So the "kid' has to pay taxes on all his valuable gifts in exchange for the understood valuable ball. So,that means the same tax man will visit Derek for the ball he received as a gift.

        Actually, isn't gift tax paid by the person who GIVES the gift? The kid gets screwed again!

        Here is what should happen IMO:

        Jeter pays $100K...the NY Yankess pay $50K...Ford pays $50K...Steiner pays $25K...Modells pays $25K. That's $250K for the kid, Derek owns the ball. The kid pays tax on it, but that's life...he'll pocket a good amount of money and can continue his endorsement deals.

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