Bob Dylan probably doesn’t need the money that comes with winning a Nobel Prize and it’s a good thing. Like everything else, it doesn’t stretch as far as it once did, according to CNBC.
There’s still a mystery to be cleared up by the typically reticent Dylan. Will he keep the money?
Donating it is a good way to avoid a hefty tax bill, CNBC says. Up to 40 percent of it may go to the government.
More Dylan: Bob Dylan 101: A Harvard Professor Has the Coolest Class on Campus (New York Times)
The Hibbing high school teacher who mentored Bob Dylan, Nobel literature prize winner (MPR News)
About the blogger
Bob Collins retired from Minnesota Public Radio in 2019 after 12 years of writing NewsCut and pointing out to complainants that posts weren’t news stories. A son of Massachusetts, he was a news editor 1992-1998, created the MPR News regional website in 1999, invented the popular Select A Candidate, started several blogs, and every day lamented that his Minnesota Fantasy Legislature project never caught on.