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First, a well-established actor who already has a high income. Let's say this actor is in the top tax bracket, which, for the sake of this example, is 37%. If their Oscar is valued at $900, they'll owe $333 in federal taxes. That what is net worth meaning may not seem like a lot, but remember this is just for the Oscar itself. This doesn't include the taxes on all the income they earn from their acting career. Also, any state taxes on top of this. The taxes add up quickly.
