
David Maxey was just another recent college graduate trying to make ends meet, working as a caddy at Woods Golf Course, presumably an upscale joint seeing as it still uses caddies. Last Friday, Maxey was assigned to caddy for Stan Andrie, a local business owner playing in a member-guest tournament. It was business as usual for Andrie on the course until he reached the last hole and asked for his 6-iron. Maxey instead suggested a 5-iron, as if they were poorly reenacting Happy Gilmore, and the rest is upper crust, white collar history.
Andrie asked Maxey if he wanted a big tip or the brand new Jeep Wrangler that was the tournament reward for a hole-in-one should he ace the par-3, and Maxey joked that he needed a new car. And, well, you can obviously guess that Andrie sank the shot and gave Maxey the Jeep. Congrats, you’re psychic, you want a cookie?
Get me my whacking stick, Muskegon Chronicle:
Andrie’s generosity was lauded by fellow club members at the post-golf reception and the story of his promise and the subsequent “caddy shock” was written up in the local newspaper, The Herald-Palladium of Southwest Michigan.“I don’t think he originally thought I was going to actually give it to him,” said Andrie, who has three college-age daughters of his own. “But I stuck to my word. I was happy to do it. He’s a great kid.”
The 23-year old caddy has been working at the golf course for nine years, claiming to have witnessed more than 700 rounds of golf. Yet he had never caddied for a golfer who had hit a hole-in-one until this serendipitous round. Regardless, Maxey is the proud owner of a new Jeep, and as one of my friends pointed out – a nice tax payment.
But I prefer to focus on the positive of a story like this, so hopefully Maxey will be driving along in his new Jeep when he notices an out-of-control bus speeding at him. Thanks to his new Jeep, he can maneuver to safety, and narrowly avoid being demolished by the bus that eventually drives off a cliff. Feel good? Well you shouldn’t. Andrie’s daughters were on that bus because their dad didn’t give them a Jeep.


Some quick math from BobsBlitz.com
“Michigan has 6% sales tax. That’s $1590. Income tax? Even at 20%, that would run $5300. That’s about $7k the caddie will have to fork over. Throw in the insurance and…that’s one costly hole-in-one.”
700 rounds of golf? He’s got to be close to Gladwell’s 10,000 hour rule. He’s a master at caddying now.
@UU:
You don’t have to pay sales taxes on gifts or prize winnings, I believe. Just the 20ish% fed & state income taxes.
Upon reading the headline and seeing the included picture, I wondered WTF one had to do with the other. Then I looked at the picture again and realized I didn’t care.
Actually since he didn’t win the prize and received it as a “gift” he shouldn’t owe income taxes on it since most non-monetary gifts are not taxable as income.
However, the golfer will be penalized via the Gift Tax since he is giving something away that is more than the exemption ($13,000 this year I believe). I believe he’ll be hit with the income tax hit as well.
@Aerothermalheat–
You’re right about who has to claim the income. The Caddy is golden and the Golfer is the one left with the tax bill. However, if the golfer is married, his wife can give him a $13,000 exemption as well for a total of $26,000 and avoid the gift tax aspect of the transaction.
Phew, enough of this tax law stuff. Gotta get back to researching my Master’s thesis on Jenna Haze.
This is the most pathetic display of commenting at WL since the promotion of NEVER BACK DOWN.
NOONAN!
Fuck this, If I want to read about taxes I have plenty of work to do around here.
you can almost see the soaped up bikini girl’s kidneys, and you are debating what exception tax rate is FY 2010?! im going back to filmdrunk.
“You want a big tip or the jeep if I get this in?”
“Haha..how about you let me have a foursome with your daughters!”
//makes shot
“Soooooooo…umm….”
haha “lawdawg”…worst. name. ever.
I go to Bob Loblaw’s Law Blog for all my tax info.