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Kansas House proposal would create tax on lottery ticketsPrevious TopicNext Topic

Topic closed. 18 replies. Last post 2 years ago by KY Floyd.

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LadyMylena's avatar - avatar6 1.jpg
Kansas
United States
Member #84528
December 19, 2009
326 Posts
Offline
Posted: March 4, 2010, 1:58 am - IP Logged

Let them SOB's hear from ya Lady and remember their names on election day.

This <snip>'s done got outta hand.

Oh yea, they're gonna hear from me. Wink You better believe that.

I live 28 miles from the Oklahoma border, and if they take my PB away, I'll drive down there twice a week and buy my tickets, and OK can reap the rewards!

Luck is  ** believing  ** you're lucky.” ~Tennessee Williams

Money is neither my god nor my devil. It is a form of energy that tends to make us more of who we already are, whether it's greedy or loving.  ~ Dan Millman


    Avatar
    PA
    United States
    Member #66644
    October 16, 2008
    821 Posts
    Online
    Posted: March 4, 2010, 2:18 pm - IP Logged

    I can't be an Politician ............

    I am not an IDIOT !!!!!!!!!!

    StoogesKansas Reps meeting Pennsylvania Reps !

      Avatar
      adelaide sa
      Australia
      Member #37542
      April 11, 2006
      1485 Posts
      Offline
      Posted: March 4, 2010, 5:55 pm - IP Logged

      one good idsea came from this thread. how about taxing pollitical parties on donations,. sure leave it a tax deduction for donors, hehe but tax the parties. i like that a lot, just like a business.

       

      her in australia we pat 1/11th of the ticket cost upfront when we buy, the winner pays no tax on the win, the losers cover that for them.

      an optimist says, " the glass is half full. " a pessimist says, " That glass will break there. "


      feb 2012 lotto  profit and [loss]
      mon/ lotto  [4.40]   tue/oz lotto [4.20] wed/ lotto [4.75]  32.15 thur/ power ball[4.20] sat/ lotto [12.90] sat /pools [6.60] 8.10  keno  [21] 22 scratchers   [0] 4

      jan [loss]  profit [171.90] 49.25

        KY Floyd's avatar - floyd
        NY
        United States
        Member #24178
        October 16, 2005
        2127 Posts
        Offline
        Posted: March 5, 2010, 3:51 pm - IP Logged

        "the winner pays no tax on the win, the losers cover that for them."

        That's why I don't understand people complaining so much about paying taxes on lottery prizes. The vast majority of people spend far more on tickets then they get back. Why exactly would you want to pay the taxes for the very few people who do win multi-million dollar prizes?

        As far as state legislators wanting to collect sales tax on lottery tickets, maybe somebody should explain the whole concept of the lottery to them. It seems simple enough to me, but I guess too many of them can't figure it out. The lottery is already designed to make money for the state, and it does that when the state keeps the first 50 cents of every dollar spent on lottery tickets. If that 50% isn't enough they can always change the prize structure, and see how that works out for them.