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Miller High Life Offers To Pay For Fan's Potential Tax Bill

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Old 07-14-2011, 06:08 AM
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k3ifers
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Default Miller High Life Offers To Pay For Fan's Potential Tax Bill

http://www.cnbc.com/id/43740575

It's not clear whether Christian Lopez, the fan that caught Derek Jeter's 3000th hit, will have to pay any taxes for the roughly $60,000 in tickets and the signed balls and jerseys they gave to him in return.

But even if he does have to cut a check to the IRS, at least a company has stepped up and said they'd pay it for him.

Miller High Life, which recently had a campaign to make its beer the official beer of fans, has offered to cover the bill—which could be more than $10,000—for Lopez, who said he has about $100,000 in student loan debt as well.

"Miller High Life believes you should be rewarded for doing the right thing, not penalized," said Miller High Life brand manager Brendan Noonan. "We want to recognize Christian Lopez, and in turn everyone like him, for doing the common sense thing and help him continue to live the High Life."

The brand, which does roughly $500 million in annual sales in the US according to Beverage Spectrum, has also offered to throw a party for Lopez with free beer for him and his "legal-drinking-age friends."

Anheuser-Busch, the main competition for MillerCoors, the parent company of Miller High Life, has the official deal with Major League Baseball and the Yankees. MillerCoors is second to A-B in sales and its portfolio of brands are responsible for roughly 30 percent of US beer sales.
Old 07-14-2011, 06:22 AM
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BetterBob
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Well, that's mighty white of them.
Old 07-14-2011, 06:43 AM
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white_n_slow
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:beer:

:edit: not quite the right smiley, but close enough
Old 07-14-2011, 07:03 AM
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ShaolinLueb
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that's cool. it's nice these companies coming through to him.
Old 07-14-2011, 07:04 AM
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k3ifers
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my girlfriend's immediate response was "well now he has to pay taxes on that"
Old 07-14-2011, 07:14 AM
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BetterBob
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Originally Posted by k3ifers
my girlfriend's immediate response was "well now he has to pay taxes on that"
Didn't think of that.
Old 07-14-2011, 07:16 AM
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spanky
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Props.
Old 07-14-2011, 07:28 AM
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spanky
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Originally Posted by k3ifers
my girlfriend's immediate response was "well now he has to pay taxes on that"
Then they will just pay him ~$12,500 to cover those taxes plus the taxes on the covered taxes.
Old 07-14-2011, 08:11 AM
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Then who pays the taxes on the income that covered the taxes that covered the taxes? Screw the irs!
Old 07-14-2011, 08:58 AM
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the guy has a deal with models too to get the profits for a week from all models licensed yankee stuff. i hear he is getting his own baseball card from top's too.



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