[StBernard] Biting the Hand that Feeds You

[Westley Annis]

Hollywood helped elect Obama, but now he is so desperate for cash, that he's
going after them.

For years our national royalty (i.e. Hollywood celebrities) have received
generously-filled gift bags when they arrive at the annual Oscar-fest, tens
of thousands of dollars worth of goodies to add to the thrill of their
glamorous night. As gifts, the contents of these bags are not subject to
income tax. However, the IRS has taken the position in recent years that
these aren't gifts at all but a form of compensation for the stars who
participate in the event. The IRS requires that the companies providing the
items also provide 1099 forms, and some of the celebs reject the bags
altogether. 

http://tinyurl.com/yjentd8