• TalkBass has been independent since 1998. Add your voice.
    Create a free account to reply to discussions, view embedded media, and browse with fewer display ads.
    Join freeLog in
    Want zero display ads or expanded classifieds tools? Compare plans.

$959,000.

rickbass said:
Who could possibly need a tax break that huge !?!?
You'd be surprised how many could. The guy who probably bought that is mega-loaded. When you hit the upper class tax-bracket, you get screwed by the government. It's almost like the government saying to you, "good job on doing well for yourself in life, you have now incurred a penalty. We need 50% of your money or you go to jail for tax evasion." If any of you get rich in the music biz- get a good tax accountant. If I was loaded, I'd have bought that guitar. It's a piece of history and you get nearly a 1 million dollar right-off.
Keaneu Reeves made so much money from the Matrix movies that he gave nearly one half of the income to a particular charity. Why you ask? So he gets to keep the other half. Other wise big brother gets it. Who would you rather have it?
 
Microbass said:
$7 million for a drug and alcohol rehab. uuggh. i dont disagree that monet needs to be spent in that area, but wow. too abd that kinda moolah wasnt raised for a cancer research... :hmm:

and just wow. :eek:

Not to contradict you, but I bet cancer research sees quite a bit of charity money, but it's probably not through the selling of artists guitars, so less publicity. Clapton is doing a good thing though, especially if he believes he won't ever miss that guitar.