Lady Gaga Glitters at the Grammys in More Than 100 Carats of Diamonds
[MUSIC] [SOUND] Coinage. Life, well spent. Presented by Geico. Lady Gaga is the queen of weird. But even though she's emerged from eggs, and dressed herself in raw meat. She has to pay taxes just like the rest of us. Well, maybe not just like the rest of us. Performers of her scale get certain tax write-offs. Things the average Joe wouldn't even think to deduct. She's sold millions for her record label. So, what could Gaga and her team, at Interscope Records, potentially, write off? In reality, stars like Gaga are in contract with entertainment companies who handle their expenses, and taxes, and each stars contract, and what it covers, is complex and unique to them. But, let's pretend that Gaga, herself, is preparing her own tax return, and that she paid for all these expenses out of her own pocket First Gaga's performer image depends heavily on her crazy style. A lot of her outfits are provided to her for free from high end designers but whatever fees her stylist earn from Gaga and Interscope are tax deductible and in addition Gaga's write off for hair and makeup team since being photo ready is her full time job. Gaga can write off fees for her personal trainer too. Being in the spotlight comes with its shortcomings and being swarmed by fans and paparazzi is one of them. Lady Gaga can definitely write off the salaries of her personal security team. Her interscope records team almost certainly includes an army of agents, publicists, lawyers and personal assistants. All of whom can be deducted. Getting to and from all of her publicity events and concerts comes at a price. Gaga can write off some portion of her unreimbursed travel expenses, including her private jet and tour bus, since her job requires her to be all over the world. It's not all glitz and glam though. Gaga is a star who gives back. She can deduct a percentage of the many charitable contributions she's given last year. Gaga's charity organization, the Born This Way Foundation, supports tolerance education and anti-bullying efforts. Last but not least, the accountants handling Lady Gaga's finances in tracking all of these write offs can include their tax preparation fees in her deductions. If the accountants are creative about it, Gaga's tax situation won't be such a bad romance. [MUSIC] Coinage, life well spent, presented by GEICO.
Remember, it was just eight short years ago that Lady Gaga was carried into the Grammys in a giant egg.
These days, the singer (and Oscar-nominated actress) is a tad more subtle when it comes to making a red carpet entrance. That’s not to say she’d say no to wearing a skirt with the surface area of a small country, but still, there’s no denying Mother Monster’s awards season style has changed dramatically.
Even just two years ago she arrived on the carpet in an underboob-baring leather shrug, short-shorts, and thigh-high platform boots.
This year, Gaga’s style was almost unrecognizable when compared to the iterations of ceremonies past. Without a stretch of mesh or leather accent in sight, the 6-time Grammy winner stepped onto the carpet in a glittering silver Celine gown with a thigh-high slit and structured piece of fabric lining the right side, her blonde locks loose at her shoulders, a diamond Tiffany choker circling her neck and square diamond studs in her ears.
Though nominated a whopping 24 times in the past 10 years, Gaga hasn’t won the Recording Academy’s highest honor since 2014. The drought has ended tonight — she's already won two awards and will find out if she wins a few more (!) during the show. Fingers crossed.