Thread: Bonds' 756th ball going to auction...owner cant afford to keep it
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Old 08-24-2007, 02:45 PM   #18
Bobblehead
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Quote:
Originally Posted by nfotiu View Post
I believe this to be true, here's a quote from a tax lawyer from an AP story at the time:
That may be the way tax law works in the US, but that is nuts.

I could, perhaps, be persuaded that this law makes sense if he were to attempt to use the ball as collateral towards a loan. Otherwise, this is a flawed policy.


(Could Todd McFarlane file for a huge loss, since the value of the McGuire baseball has now plummeted? Somebody breaks a priceless vase? Crazy policy)
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