IRS in the hot seat over potential cash grab from Spain’s World Cup winnings: ‘It’s a ripoff’

NEWYou can now listen to Fox News articles! As reigning 2026 FIFA World Cup champions, Spain won $50 million in prize money, but a large portion of that could be subject to federal taxes in the United States — potentially up to 30%.”I think it’s a ripoff,” Rep. Tim Burchett, R-Tenn., told Fox News Digital.”I’m not a fan of it, but Americans have to do it. American professional athletes do it, so they knew that when they came over here.”SPAIN BEATS ARGENTINA TO WIN 2026 FIFA WORLD CUP BEHIND FERRAN TORRES’ EXTRA-TIME GOAL Income earned from activities performed in America…

Money & Business.

10 Ways Small Businesses Can Use AI To Grow–And Even Hire More Workers

A quartet of witnesses testifying this week to the House Small Business Committee disputed the commonly-held belief that artificial intelligence will displace human workers and insisted that small businesses which use AI are likely to wind up having to hire more employees–because they’ll grow.Already, a majority of small businesses are…

Sports Roundup.

SPOTLIGHT

POLITICS.

Socialist insurgents force moderate Democrats into high-risk showdown over must-hold races

NEWYou can now listen to Fox News articles! The Democratic Party’s ideological war is moving from deep-blue congressional districts to statewide contests in Michigan, Wisconsin and Minnesota, where progressive victories could reshape the party and endanger must-hold seats in November.After far-left and socialist candidates defeated more moderate contenders in deep-blue…

HEALTH.

LIFESTYLE & ENTERTAINMENT.

John Lennon’s handwritten Beatles lyrics, iconic movie props sell for over M at auction

Beatles lyrics John Lennon wrote on the back of a Valentine’s Day card have sold for $656,250 (£511,875). The music icon wrote “If I Fell” by hand during the band’s 1964 New York trip for their first appearance on The Ed Sullivan Show. The item sold as part of the Hollywood & Entertainment Signature Auction by Dallas-based Heritage Auctions, which achieved total sales of $14,098,033 (£10,996,466). Other highlights included a screen-used “Otto the Autopilot” prop from Airplane!, which sold for $200,000 (£156,000), and two of The Big Lebowski’s “hero” rugs which went for $350,000 (£273,000) and $375,000 (£292,500). Two hoverboards…

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