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Your email address will not be published.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 *

Search

Latest Posts

  • Illustration of a man standing in a vast maze made of giant file folders, ledgers, and filing cabinets. 9 Retirement Accounts Heirs Often Struggle to Claim
  • People walk past a sign showing medical icons toward a public benefits pavilion with a capitol dome in the background. 10 Medicare Costs Retirees Will Notice in 2027
  • Illustration of a pill bottle floating in water near a broken wooden sign and fluctuating line charts. October 8: $90 Medicare Payments Start Landing in Accounts – See Who Gets One
  • Illustration of one person handing an open envelope filled with cash to another across a cracked background. 8 Things to Know Before Lending Money to Relatives
  • Illustration of a Medicare card, benefit statement, and magnifying glass showing coins dropping into a shredder. 10 Ways to Check If You're Overpaying for Medicare Part B
  • An older woman holding a checklist sits across from a healthcare provider discussing medication in a pharmacy. 12 Questions to Ask Before Choosing a Medicare Plan for 2027
  • A senior woman in a yellow winter jacket stands by a snowy mailbox reading a paper utility bill. 9 Costs That Rise Every January for Retirees
  • Desk calendar displaying October 15 and December 7, surrounded by a pill, stethoscope, medical shield, scale, and autumn leaves. 12 Things to Compare During Medicare Open Enrollment This Fall
  • Smiling middle-aged man sitting at a rustic kitchen table reading a printed Pension Summary document near a steaming mug. 12 Pension Terms That Sound Scary but Aren't
  • Woman sitting at a wooden kitchen table looking at a smartphone screen displaying a deposit received notification. Millions of Amazon Prime Members Could Get up to $200 – See if You Qualify

Newsletter

Get money-saving tips and personal finance advice delivered to your inbox.

Related Articles

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 →
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 →
stealth

7 Stealth Taxes that Can Destroy Your Retirement

Social Security Taxation of the Social Security benefits started in 1984, and it is by…

Read More →
A retired couple reviews their tax documents and budget at a sunlit wooden kitchen table in a warm, candid photographic scene.

7 Signs Your Tax Withholding Needs Adjusting in Retirement

Learn 7 key signs your retirement tax withholding needs adjusting. Avoid IRS penalties and optimize…

Read More →
Tax credits, reduce, veteran, climate return

Here Are 10 Tax Credits You May Qualify For

While all tax software are a shortcut through which you can find any eligible tax…

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 →
prepare early for the tax season avoid

8 Unexpected Reasons to Prepare Early for The Tax Season

2. More time to pay taxes you owe Let’s face it: Receiving bad news earlier is…

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 →
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

Trust & Legal

  • Contact
  • Editorial Policy
  • Advertiser Disclosure
  • FAQ
  • Subscribe
  • Unsubscribe
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • Do not sell my personal information
  • Request to Know
  • Request to Delete
  • CA Private Policy

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.