No Freebies At Oscars?

December 19, 2006 By:
No Freebies At Oscars?

The Oscars may be known as the most prestigious award in show business, but they’re also famous for their amazing goodie bags. The excitement of the goodie bag became an overnight buzz kill when The Academy and the IRS decided to send tax forms to all the stars that picked up the free gifts (worth around 100k) at the 2006 ceremony. Things aren’t gonna change much this year and some greedy celebrities are definitely going to get pissed. Actors like George Clooney didn’t even give the tax issue a second thought because the goodies were given away to charities.

IRS Commissioner Mark Everson says, "Whether you're popping the popcorn, sitting in the audience or starring on the big screen, you need to pay your taxes. There's no red carpet loophole for the stars."

Actor Edward Newton dislikes the fact that they even give freebies to stars. He said, "A lot of us have talked to the Academy Awards producers about this and I think they're actually going to scuttle the gift baskets and that kind of stuff. I mean the gift baskets, worth amounts of money that a low-income family could live on for a year, (are given to) people who have so much already. It gets depressing. You sit there, going, 'This is an embarrassment.'"