Each bag is worth $126,000.
Are the Oscars still on TV?
That could buy a lot of javelin missiles for Ukraine.
Rich people giving rich people gifts that they can easily purchase on their own. How nice of them.
Mark 8:36 For what will it profit a man if he gains the whole world, and loses his own soul?
It shows the existent and continuing cultural and social distance between the Oscar nominees and their audience - the elites on one hand and the average person on the other. The hypocrisy of it all is that you’d think Oscar nominees were not highly compensated for the works they are nominated for, which would be a lie.
And they wi stand up there lecturing us all how we serve need to live without cars or fossil fuels and consume less to save the planet.
I sure hope Biden’s brand new 87,000 IRS employees are sure to tax those millionaires on their gift bags.
I don’t know people that go to ‘the movies’ any more. Maybe once a year. Who watches these pathetic, cringey awards shows? I cut out TV 10 years ago...really, who hasn’t and still watches this tripe?
Most of this stuff is over priced crap that boutiques sell with massive mark ups. Its not really worth much. But if it shows up in a gift bag, people will talk about it. Or maybe it shows up in a stars bathroom. But more likely the B-listers who go to the Oscars will think its a cool product because its in an Oscars bag. And they may actually use it and purchase it.
Either way, now that we know the tax man will consider the swag bag income, most people will not touch the bag. And it will end up in charity auctions through out the city over the next year. A lot of people just steal them. And employees will take them home as well.
Swag is over priced stuff that has more packaging value than whole sale value.
That’s only $1,260 dollars in 2020 money. Thanks to Biden’s detonation of the nuclear inflation bomb.
Obscene.
It’s the old Hollywood do as I say/not as I do thing.
Bunch of F-ing hypocrites.
Yeah exactly that’s rich as they walk out from the oscars and step over the homeless with their six figure “Swag Bag”. Pathetic !!
Do those so-called “actors” have to report those six figure gifts on their income taxes?
Recipients will probably have the swag bags donated to a not for profit charity that they run.
Is there a Snicker’s bar in the bag? No? Then I won’t bother.
Basically, they’re a bribe to attend. Probably tax status, union issues and more why they aren’t simply given a cash payment. The sad thing is that some of the smaller fish, who would be the most likely to attend for the exposure anyway, end up paying taxes on these gifts. The IRS doesn’t care if you don’t use the gifts; they still are taxed on their cash value.
However, somehow The Academy has convinced Los Angeles to put a 2 block perimeter around the theater starting a week before the Awards. I used to live in the area and it was always a major traffic nuisance! Privileged spoiled rich people getting richer and more spoiled.
Grotesque.
and on ebay they'll start the bidding at $1,260.