Strings Attached


by Wendy at August 25, 2006, 11:06 AM

will-rast-jeans.jpgWho doesn't like free stuff? Well, we'll tell you who -- the IRS. Gift bags from the Emmy Awards -- worth $27,000 to $33,000 each -- now come with a big old bummer inside -- perhaps as much as $12,000 to $15,000 in taxes. Perhaps the product frenzy over "free" merchandise like Hearts on Fire diamond haircombs and William Rast jeans won't be as heated this year. [via USA Today]

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Quote of the Day

“"I'll never be about the $20,000 phantom dress that no one wears.”

— Jason Wu, during a private dinner. From WWD.com

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