Radar Online is reporting that the 1%ers in Hollywood will be getting a swag bag worth $47k. The bag will go to all the nominees and the presenters at the 2013 Oscars.
While this may seem excessive, the value of the swag is half the value of the 2010 awards. Everyone has been affected by the Obama economy it seems.
Some of the goodies in the bag: $12,000 vacation at Lizard Island Resort in Australia, a $350 pair of sneakers, $600 worth of treatments from an acupuncturist and a $5000 gift certificate to a plastic surgeon.
The swag is taxable.