Oscar gift bags worth $167,000 this year

[Hawaii Hiker]

including some rather erotic items...

http://www.cnbc.com/id/102438708#.

[BlueJazz]

1. "Pricey condoms. Naked Luxury Condoms, dubbed....

..the world's only luxury condom" and "the most pleasurable condom in the world." Value: $56 for two 6-packs."

I thought that's what Bread-Bags were for....

[cwydro]

2. Obscene.

Not the erotic items - the ludicrous waste of money.

[jakeXT]

3. CBS mentioned you'll have to pay $40000 in taxes if you use all of it /nt

[cwydro]

4. Omg

I don't even have a comment to that!

[WinkyDink]

6. Bwahaha! Yeah, I'm sure they'll pay, what's that word? Taxes?

[GoCubsGo]

5. Yep.

A gift bag that's worth many times more than the average family makes in a year, given to multimillionaires, who can afford that shit thousands of times over. IIRC, George Clooney gave his away last time. I hope everyone else follows suit.

[geardaddy]

11. agree with you completely.

[mackerel]

7. How is It a gift if you have to pay taxes on it?

[jmowreader]

10. For the same reason you pay taxes on a prize you win

Because at least some of the companies involved with this promotion are advertising that they did, the IRS' position is the bags are "compensation" and therefore taxable.

[pinboy3niner]

8. I'm jealous

I got a gift bag at a charity event Saturday night. I think the total value was $1.67. At least the taxes won't be too much of a burden.

[HappyMe]

12. lol!

Tape the 16 cents to an index card and get it in the mail.

[dilby]

9. looked at the stuff and most of it is hideous.

I thought $1200 for a bike was pretty low then I looked at the bikes and they are probably worth $150 so yeah you are paying $600 in taxes just for a name and because it looks fashionable.

[olddots]

13. maybe they should include coupons for acting lessons

Oh I kid .....?

[bigwillq]

14. A childhood friend of mine

had the lip balm she developed featured in this year's gift bags. Pretty exciting for her.