Tax Bill For $10M Beast Games Prize

[urmumgey]

He wasn’t the only one who won the IRS won too

[fengyuzhou]

To be fair there’s only a few game shows which give a cash prize pays the taxes for the contestants who had won the prize

[PeruvianBanana]

My mom gets taxed on her retirement money, and 200 bucks for Medicaid. On money she worked for and already paid taxes on.

Edit: I meant to say her SS pension gets taxed, she doesn't have a 401k, IRA, she didn't buy gold as an investment, no bonds, no trusts, not one thing other than the money paid to the government and now is getting back.

[AlsoBadd]

New title: The IRS compete to win 5 million dollars

[Wrathura]

Me looking at my $40 bank account then seeing a video like this. just gunna go back to bed man.

[ramsdankha]

The IRS wins every game show and Mr.beat competition. It’s right there next to every winner saying “WE won We won”😂

[lulws]

He could 100% get around this by establishing a charity fund in a state with lower taxes and having the check made out to them instead seeing as how he already wanted to use the money to fund research for his kid

[demonblood]

To be fair, that's every game show that ever existed makes you responsible for the taxes.

[NCwoodworking]

That is absolutely sickening to hear. We need to curve government spending. They are just utilizing our money to pocket themselves and make themselves richer hold a government accountable.

[zjp]

Mr beast isn’t the only one who doesn’t with hold taxes. Most game shows don’t. This is why people end up financially in trouble after winning prizes whether it be cash, cars, goods, etc. it all counts as income for that year so the irs bites you during tax season.

[jacquesfrancois]

I wish I earned enough money to be able to complain about paying 5 million in taxes

[benthefinessegod]

I’d invest in a top of the line financial lawyer and I’m sure I’d pay less then 5 mill

[aus]

I’ve been working now almost half my life in this 21st century of our world. And I always b**** about how my taxes are stacked.

Taxed to pay for my ID
ID is required to get a job in the US
Then Taxed on income.
Then taxed on everything else except food. **cough**(FOOD IS EXPENSIVE)** cough**
Just keeping going.
All your assets.
Insurance.

They tax our SELF DEFENSE.
Our right to bear arms.

Oil.
Pharmacy.
Medical care.

This is how we are taxed every day.
That much money just shows how we are actually robbed by the government

We pay all this to be trillions in debt?

Probably been going since WWII.

Military is power

Power is control.

Trillions in debt yet we still hold control.

Why do we have hungry and homeless? Especially if we are paying stacked taxes?

[CSJiGSaW]

Should of had it wired to a business account, especially an s-corp to deduct in taxes 😂😂😂

[marcsles]

Ohhhh nooo, ONLY 5 MILLION Dollars?! Whatever can he do with that?
If I ever win 10 Million, I'd gladly pay 90% Taxes, 1 Million would change my life and the lives of my children forever.

[AvangionQ]

Taxes are a patriotic duty, the price you pay for living in a modern society, and the more you make the larger your share is supposed to be.

[mikarutten]

To be fair mrbeast has always said that when someone wins a cash Prize that he will play the taxes

[WuBzUnite]

if you pay taxes, you will just get it back at tax return. It’s not a total loss. I don’t know why everyone keeps saying this.

[diegomiranda]

Crazy thing about mister beast is that he tells you and consults you about it so oyu can't just pretend he's screwing you over.. and if it's something like a car or an island and you can't pay the taxes he's willing to buy it off of you and give you a cash prize instead

[jakeewilsonn]

As an Australian I know our government isn’t the best but at least we don’t have to deal with that shit or school shootings