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Your email address will not be published.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

  • social security, Social Security task Who Will Receive Social Security Payments on January 14, 21, and 28?
  • 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!

Related Articles

Kamala Harris taxes

Will Kamala Harris Raise My Taxes?’ Let’s Find Out!

Vice President Kamala Harris revealed some of her ambitious proposals as part of a future…

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 credits, reduce, veteran, climate return

8 Legal Ways in Which You Can Reduce Your Taxes

Did you know that you could save a significant amount with these credits and tax…

Read More →
retirement

10 Ways to Cut Down on Taxes in Retirement

Retirement is meant to be easy, but with inflation rising, the overall situation is more…

Read More →
A graph showing IRS income thresholds for determining the taxability of Social Security benefits for single filers and married couples filing jointly, along with the corresponding tax percentages.

The Tax Implications of Your Social Security Benefits

Understanding Provisional Income: The Key to Social Security Taxes The concept of “provisional income” sounds…

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 →
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 →
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 →
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.