Brian Emmett's childhood fantasy came true when he won a free trip to outer space.Oracle should pick up the tax tab on this deal. Otherwise, what's the point of a contest to give away a free trip into space? Its not a free trip. Just like Oprah giving away a bunch of cars and then the recipients getting slammed with taxes that they couldn't afford to pay.
But the 31-year-old was crushed when he had to cancel his reservation because of Uncle Sam.
After some number-crunching, Emmett realized he would have to report the $138,000 galactic joy ride as income and owe $25,000 in taxes.
The article also talks about other free space trip contests where the winner also gets a cash reward to be used to help cover the tax liability.
Tags: free, space tourist, $25,000 tax, major suckage
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