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 was with Minnesota Public Radio from 1992-2019. He was senior editor of news in the ’90s, ran MPR’s political unit, created the MPR News regional website, invented the popular Select A Candidate, started several blogs, and every day lamented that his Minnesota Fantasy Legislature project never caught on.