Oscars $140K Gift Bag Could Cost Stars Big Taxes

Oscar nominees will have almost $140,000 in gifts for the taking. BUT they may want to think twice before claiming it. According to TMZ, they will have to pay taxes on the gifts down the road. Gifts include: All expense paid trip to Scotland with a 3-night stay at a fancy castle. Free construction for a home renovation A comped four-night visit at a luxury spa resort. A plot of land in the U.K. Free lipo...and more. They can pick which gifts they want which would lower their tax bill in the end.

Piers Morgan criticized the gift bags saying, rather than make virtuous tearful speeches tonight about how much they care about Ukraine it might be nice if all the Oscars presenters and nominees auction their revolting ostentatious $140,000 gift bags to raise funds for Ukrainian refugees. Just my humble opinion but, Amen Piers!