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California Lottery revenues dip

Topic locked. Last post 7 months ago by MeFirstYouLast. 11 comments.

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konane's avatar - wallace
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Atlanta, GA
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March 13, 2003
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Posted: May 23, 2008, 7:18 pm - IP Logged Bottom

YOU ARE FUNNEY!  Why would the IRS,, or the state for that matter, want to eliminate a guarented income?  They are not going to eliminate any tax revenue.  Be patiant.  In 2009, the IRS will start the effort taking twice as much from all taxes.  Barrack Hussen Obama has already stated he will raise some taxes by 29%. At that to the loss of the Bush Tax cut of ten pecent, and then you will see a return the Jimmy Carter era - if you're old enough to actually remember him, not the modified history they now preach.

Back to the taxes on the Jackpot.  I don't like it eaither.  But most lottery players NEVER think of the taxes when they plop down the buck, only the amount on the flashing LED sign.  They are just sheep lining up for the shiney lure.  Not every one is in the same category of a Lottery Post player - actually very few are.  Having said I don't like lottery taxes, if I win the hundred million shown on the flashing LED sign, and only get to walk home with $25 million, I will be soooooo happy, I will probably drop a load on the press conference stage!  The rich can afford enormous taxes and still be rich. Currently I cannot afford enoumous tax increase and stay in the income I am now.  Take an extra hundred or two away from my monthly income and I will have real problems. Barrack Hussen Obama will still be rich, and I will have less. YOU WILL HAVE LESS! How will a couple hundred less monthly, impact your budget, that plus the price increase of food and gasoline?

For beginners I'm old as dirt.  Second thing born and lived in Georgia all my life and suffered through Carter governorship of Georgia, do remember the entire US laughing about who they thought represented this state.  Ineffective governor, double ineffective president who hasn't gotten over being resoundingly defeated and upstaged by President Reagan.

Have you ever heard of The Fair Tax authored by Georgia Representative John Linder which would abolish the IRS plus all federal payroll taxes in favor of a value added consumption tax?  http://www.fairtax.org/site/PageServer  This is what we need to capitalize on the underground economy, illegals economy and otherwise untapped revenues instead of being buried eyeball deep in a socialist bastion of income redistribution. 

     Be$$$$$t of luck to everyone!!!                         


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March 8, 2008
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Posted: May 23, 2008, 7:34 pm - IP Logged Bottom Top

For beginners I'm old as dirt.  Second thing born and lived in Georgia all my life and suffered through Carter governorship of Georgia, do remember the entire US laughing about who they thought represented this state.  Ineffective governor, double ineffective president who hasn't gotten over being resoundingly defeated and upstaged by President Reagan.

Have you ever heard of The Fair Tax authored by Georgia Representative John Linder which would abolish the IRS plus all federal payroll taxes in favor of a value added consumption tax?  http://www.fairtax.org/site/PageServer  This is what we need to capitalize on the underground economy, illegals economy and otherwise untapped revenues instead of being buried eyeball deep in a socialist bastion of income redistribution. 

Great concept. 

However, money is power.  Congress obtains power from receiving money through taxes.  Do you honestly think the members of the U.S. Congress, let alone some low life in state politics, are going to give up all their power, and limit theirselves to a fixed income.  It will never happen!  Even a Pollyanna mentality has to realize the King is The King, Long live the King.  How can you write laws that guarantee your income will always be higher then needed, provide you with unlimted free medical and retirement benefits, and allow you build highways with your name on them.  There is no greater power then power iself, and no better way to control the masses then to control the riches.  Try to tell the U.S. Senate that they are out of money and can write no more laws or force any more mandates on people. Tell them no more deficits.  We tried that, they just raise the concept of a deficiet. Heheheh!