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Your email address will not be published.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

  • snap Amazon Refund: How Much You Could Receive
  • amazon prime, money Here’s How to Get Your Refund From Amazon’s $2.5B FTC Settlement
  • social security, Social Security task Who Will Receive Social Security Payments on February 11, 18, and 25?
  • 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

Related Articles

new 2024 tax plan

Biden Proposed a New 2024 Tax Plan (and You Should See It Now)

Net investment income tax (NIIT) The NIIT on income over $400,000 would include all flow-through…

Read More →
death taxes

13 US States With the Highest Death Taxes

2. District of Columbia Estate tax: Yes Estate tax rates: 11.2%-16% Estate tax exemption level:…

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 breaks for homeowners

7 Tax Breaks for Homeowners and Home Buyers

Owning a home is a key part of the American Dream. Whether you fancy a…

Read More →
save

6 New Ways Retirees Can Save on Taxes This Season

#2 Boost up that HSA account! This one is easier to do if you are…

Read More →
income retire stealth

10 Types of Retirement Income Tax You Need to Know About

Roth IRAs and Roth 401(k)s Roth IRAs always come with an enormous long-term tax advantage,…

Read More →
IRS refund

13 Ways to Get Your IRS Tax Refund Faster Than Ever

Use an online program If you don’t want to hire a tax professional (which is…

Read More →
income tax, change

These 9 States Have No Income Tax

Everyone wants to have their tax rates reduced. But this isn’t as impossible as some…

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 →
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

© 2026 The Money Place. All rights reserved.