{"version":"1.0","provider_name":"Voices at Temple","provider_url":"https:\/\/www2.law.temple.edu\/voices","title":"Why Take Tax? - Voices at Temple","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"uhvHtW1KF8\"><a href=\"https:\/\/www2.law.temple.edu\/voices\/why-take-tax\/\">Why Take Tax?<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www2.law.temple.edu\/voices\/why-take-tax\/embed\/#?secret=uhvHtW1KF8\" width=\"600\" height=\"338\" title=\"&#8220;Why Take Tax?&#8221; &#8212; Voices at Temple\" data-secret=\"uhvHtW1KF8\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www2.law.temple.edu\/voices\/cms\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>\n","thumbnail_url":"https:\/\/www2.law.temple.edu\/voices\/cms\/wp-content\/uploads\/2015\/08\/TaxRules.jpg","thumbnail_width":1024,"thumbnail_height":512,"description":"Recall what happened at last year\u2019s Superbowl:\u00a0 Tom Brady received the keys to a brand new Chevy truck when he was named MVP of the Superbowl game, and then said \u201cOh, no, not me Chevy; you should give the truck to Malcolm Butler for making the game-winning interception instead.\u201d\u00a0 And Chevy did that.\u00a0 If you\u2019d been taking tax then you might have immediately thought:\u00a0 we just did this in class \u2013 who\u2019s got income?\u00a0 Brady, because he received a prize?\u00a0 Are prizes income? But in any event, he gave it away, so what does that mean?\u00a0 And what about Butler?\u00a0 Did he receive a prize?\u00a0 Or a gift from his teammate?\u00a0 Are gifts income?\u00a0 And what\u2019s a gift?\u00a0 These are all real live tax issues \u2013 indeed, this fact pattern was the first question on the tax exam last year. What about Kim Kardashian, who was robbed in Paris?\u00a0 She lost over 10 million Euros worth of jewelry.\u00a0 Can she deduct that loss? How can the deduction help her?\u00a0 What if she sues the owners &hellip;"}