Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

9 Most Ridiculous Things You’ll Get Taxed for

August 14, 2023 · Taxes
jock tax
Photo by J.J. Gouin from Shutterstock

2. Jock tax

Next on our list of ridiculous taxes is one directed at people who earn money by being active in a certain field. What began as bad blood has turned into a lucrative source of state funding, considering that taxing “jocks”, performers, and other entertainers can generate a lot of money.

California was the first US state to impose the Jock Tax in 1991, after the Chicago Bulls defeated the LA Lakers in the finals. The next time Michael Jordan played in Los Angeles, the money he made on those games was officially levied by the California State Income Tax.

Since then, half of the US states have adopted a Jock Tax, taking a cut from high-paid heroes and giving the added resources to local communities.

Pages: 1 2 3 4 5 6 7 8 9

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Posts

  • Holiday Scam 10 Holiday Tax Scams That Turn Your Ho-Ho-Ho Into Oh-No!
  • 5 Costco Products That Cost More Due to Trump’s Tariffs
  • protect your wallet from inflation 6 Bills That Changed After Trump Returned to Office
  • Amazon Are You Eligible For a Refund From Amazon? Find Out Here!
  • social security, income 7 Social Security Benefits That Will Change SOON

Related Articles

expenses to say goodbye to Kamala

American Economy if Kamala Harris Wins: A Breakdown

How will Kamala Harris change our economy, if elected? On this year’s campaign trail, Vice…

Read More →
tax tricks

8 Tax Tricks Rich People Use—and They Work!

Learn the tax tricks that might help you save money, just like the wealthy! For…

Read More →
tax deductions, change

10 Tax Deductions to Benefit From if You’re Self-Employed

As a self-employed person, you must handle your own taxes, or you can hire an…

Read More →
A graph showing the comparison between a standard deduction amount and itemized deductions for a retired couple, illustrating which option results in lower taxable income.

10 Overlooked Tax Deductions for Retirees

1. The Higher Standard Deduction for Seniors This is one of the most straightforward and…

Read More →
taxes

10 Unbelievable Things Your Taxes Are Paying For

2. Turning Computers Into Couch Potatoes Your tax dollars made something odder than necessary possible.…

Read More →
experts stealth

Can’t Pay Your Taxes? Experts Shared 3 Solutions for You

What do experts suggest to do when you cannot pay your taxes? Life works in…

Read More →
tax

7 Random Things You Will Get Taxed For

2. Cancelled Debt Don’t get too thrilled if your credit card issuer tells you that…

Read More →
tax deductions, save

Top 9 Most Hassle-Free Deductions on Taxes

Reinvested dividends While this isn’t exactly a tax deduction, it is still a subtraction that…

Read More →
change return

9 States That Made Big Changes to Their Tax Laws

#2 Iowa If you have some older relatives or you think you may be up…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2025 The Money Place. All rights reserved.