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Old 12-19-2006, 10:02 AM   #1
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No More Swag Bags At Oscars And Golden Globes

Good for Ed Norton, I think it's disgusting too-obviously those celebs can afford all of that stuff. The decision to get rid of them probably is all about the IRS in spite of the issues he raised.

Of course some celebs do give them away to employees or auction them for charity.

http://www.timesonline.co.uk/article...511237,00.html
At the 2006 Academy Awards, the “swag bag” was thought to be worth about $100,000 (£50,000), including such perks as a home-cooked meal for ten by the celebrity chef Wolfgang Puck, a free Cadillac for two weeks, $7,000 of Victoria’s Secret underwear, and a coupon for Lasik eyecorrecting surgery in LA.

But film stars will leave the 2007 Oscars empty-handed after the intervention of the US taxman, who has declared that the gifts are liable to income tax.

The Academy of Motion Picture Arts and Sciences reached an agreement with the Internal Revenue Service in August that will result in tax forms being sent to 2006 gift bag recipients, and plans for a goodie bag at the 2007 Oscars have been scrapped.

The Golden Globes — where the gift bag for 2006 was valued at $62,000 and included a $22,000 cruise to Tasmania and a $4,000 voucher for teeth-whitening — is expected to follow the example of the academy. Everyone who attends the Globes next month is likely to receive a gift “worth less than $600”.

“Whether you’re popping the popcorn, sitting in the audience or starring on the big screen, you need to pay your taxes,” said Mark Everson, the IRS Commissioner. “There’s no red-carpet loophole for the stars.” Not all Hollywood celebrities will lament the passing of the goodie bag.

Ed Norton, the Oscar nominated actor and director, has described them as “sick and disgusting”, claiming that they made Hollywood “look ridiculous and out of touch”.

He told New York magazine: “The gift baskets, worth amounts of money that a low-income family could live on for a year, [are given to] people who have so much already. It gets depressing. You sit there, going, ‘This is an embarrassment’.”
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Old 12-19-2006, 10:30 AM   #2
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Re: No More Swag Bags At Oscars And Golden Globes

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Originally posted by MrsSpringsteen


Everyone who attends the Globes next month is likely to receive a gift “worth less than $600”.


Oh, no, I hope that it lives up to their standards. $600 is chump change.

That's a paycheck for some people. Before taxes.

Ed Norton.
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Old 12-19-2006, 10:46 AM   #3
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Its fascinating (in a car crash kinda way) to me, to look at these celebrities with their multi million dollar earnings and free gifts etc and just think about how to handle that wealth without feeling immensly guilty.
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Old 12-19-2006, 12:30 PM   #4
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It disgusts me how the people who can afford the most to buy things always get the most free things. I'm glad a stop is finally being put to all this ridiculousness and I totally applaud all the stars who said no thanks. I've always wondered, though, if the U2 guys take their gift bags.
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Old 12-19-2006, 01:25 PM   #5
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I read about this right after last year's oscars. Somebody a decade ago had a brilliant marketting idea with them and they just ballooned out of control. Not that celebs ever deserved it to begin with.
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Old 12-19-2006, 01:25 PM   #6
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This makes me think - all those pro and even amateur athletes with sponsorship from a gear/cothes/shoe company - do they pay taxes? I think no, so I'm wondering when that loophole will be cracked down upon.
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Old 12-19-2006, 10:45 PM   #7
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Quote:
Originally posted by MrsSpringsteen
Ed Norton, the Oscar nominated actor and director, has described them as “sick and disgusting”, claiming that they made Hollywood “look ridiculous and out of touch”.

He told New York magazine: “The gift baskets, worth amounts of money that a low-income family could live on for a year, [are given to] people who have so much already. It gets depressing. You sit there, going, ‘This is an embarrassment’.”
good for him

i too don't get how these celebs who can already afford all this stuff get free gifts, not to mention they get to borrow the jewellry and gown they wear to the show. i recall an instance where one woman wore a pair of heels with diamonds (or maybe swarovski crystals, i forget) and the shoes were like $1m. of course they were on loan, but really. i would love to get to borrow a pair of shoes that cost a fraction of that, to get to wear them out one night, and return them the next day.

oh well, the important thing is that the expensive goodie bags are being stopped. i wonder if any celebs will have the balls to come out and complain about this though.
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Old 12-20-2006, 04:41 PM   #8
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Good for Ed Norton. I've always found it ridiculous that these multi millionaires are given thousands of dollars worth of things they can afford to buy many times over. What's worse is when they set up rooms at these different events where they can just go in and grab as much free merchandise as they want. I've seen photos of celebs with bags overflowing with stuff. It's disgusting.
There was an article in our local newspaper recently about a young father who has brain cancer and wil require five different rounds of chemotheraphy. His insurance company will only pay for 2 and without the treatment he will most likely die. He has a wife and a new baby and cannot afford his mounting medical medical bills. So this guy may die because of lack of money, but lets make sure some spoiled celebrity gets their goodies. Absolutely shameful.
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