Taxes & baseball...

[Jim Choate]

Hi,

It occurs to me that if the fan who caught the ball and then gave it to
McGyer  had to pay a gift tax then so would the NLB, after all it was their
ball until it left the field at which point they give it to the fan who
catches it.

I wonder what made the IRS back down from a cool 1.2M...?


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