Comments on: Irs Should Tax Players Items If They Tax Fan Who Caught Ball?

By: cuffsnst

cuffsnst — Wed, 02 Dec 2009 15:51:10 +0000

I think it’s outrageous that there taxing that kid. Like you said if he sells it that’s a totally different thing. They give an a number who knows what the ball will be worth until it sold. Any way to make a dollar there all over it.

By: Bostonian In MO

Bostonian In MO — Wed, 02 Dec 2009 15:00:06 +0000

I was astounded when I read that article in the news . You have a good point about taxing the players they own a lot of collectible items that are worht millions tax them and leave the little people alone .

By: Steve C

Steve C — Wed, 02 Dec 2009 14:43:55 +0000

no they shouldnt and cant he should go to court because he could win. they value of that ball is just that. a 2 dollar major league ball thats it and in court it wouldnt matter if george washington and aberham lincoln played ball with it, its material value is the only thing they can tax and that is a 2 dollar offial professional baseball.
also should i mention the word museum. why dont they tax those things. priceless items billion of dollar worth of stuff hmmm

By: Mike b

Mike b — Wed, 02 Dec 2009 14:35:56 +0000

The IRS has NOT made any pronouncement on the tax status of that ball. One publicity-whore of an attorney has claimed that he’d be taxed but that’s about it. Since it’s not possible to set a realistic value on the ball until it’s sold — there are no comps for an appraisal — the IRS will have to wait for a sale.