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Your email address will not be published.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

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 →
stimulus check

2023: Will You Get a Stimulus Check? Let’s Find Out!

However, federal stimulus money was not authorized by legislators this year for a major reason:…

Read More →
Stimulus Check

These 18 States Are Sending Out Stimulus Checks Now!

2. Alaska – $3,200 Payments The majority of Alaskans get a check every year through…

Read More →
refund

All About Tax Refunds: 7 Important Things You Need To Know

Do not let tax refunds catch you off guard! Let’s say you are already doing…

Read More →
tax deduction

Small Business Owners Can Get These 20 Tax Deductions Now

Would you like to have your tax bill reduced? A tax deduction, also known as…

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 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 →
taxes, income stealth, check

8 Surprising Things You Must Pay Taxes For

Found a Hidden Fortune? Prep Yourself to Pay Taxes on It! We already know that…

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 →
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.