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$590M Powerball winner still shops at Walmart

Topic closed. 170 replies. Last post 3 years ago by jamella724.

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Posted: June 16, 2013, 2:14 pm - IP Logged

Churches always quote the "render unto Caesar that which is Caesar's" passage when congregants complain about taxes. That and about Jesus how befriended Zacchaeus who as a taxman was reviled by all. Apart from telling Zacchaeus to be honest in his collections, he had no problem with Zacchaeus' job. 

I've never heard any minister, pastor or priest argue against paying taxes. Could be because they need our taxes to remain tax exempt, or if you argue against one, you'd have to argue against tithes as well. 

Not really sure what the reasoning is, only that it's never an issue for them.

All I know is 38% tax wasn't enough, so they put us $14 trillion in debt. So now I'm wonder what's next?

    Teddi's avatar - Lottery-008.jpg

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    Posted: June 16, 2013, 2:16 pm - IP Logged

    Perhaps you would like to read about "the rise of the modern income tax"?

    http://www.taxhistory.org/www/website.nsf/Web/THM1901?OpenDocument

    I guess I'm not seeing what one has to do with the other. Income tax predates Jesus and Jesus never had a problem with income tax collection. Which is probably why the church doesn't argue it either. 

    The Boston tea party didn't occur because people didn't want to pay taxes (though this wasn't income but more about importation taxes), it happened because they felt if they had to pay taxes they were owed representation. If they were going to pay for government to run, they needed a voice in how government ran. 

    Our history, American or Christian, has never been based upon paying no taxes. The evidence is strongly to the contrary.

    I might wake up early and go running.  I might also wake up and win the lottery.

    The odds are about the same.


      United States
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      Posted: June 16, 2013, 2:20 pm - IP Logged

      I guess I'm not seeing what one has to do with the other. Income tax predates Jesus and Jesus never had a problem with income tax collection. Which is probably why the church doesn't argue it either. 

      The Boston tea party didn't occur because people didn't want to pay taxes (though this wasn't income but more about importation taxes), it happened because they felt if they had to pay taxes they were owed representation. If they were going to pay for government to run, they needed a voice in how government ran. 

      Our history, American or Christian, has never been based upon paying no taxes. The evidence is strongly to the contrary.

      All I said was that paying nearly half is a rip-off, and it is. How could it be interpreted any other way?


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        Posted: June 16, 2013, 2:23 pm - IP Logged

        Have a great Fathers Day everyone. Enjoy the BBQs and Ball Games and whatever else you do today.

        See Ya! Patriot

          Teddi's avatar - Lottery-008.jpg

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          Posted: June 16, 2013, 2:26 pm - IP Logged

          All I know is 38% tax wasn't enough, so they put us $14 trillion in debt. So now I'm wonder what's next?

          Well, THAT's the trillion dollar question. What's next?

          40% on $1M seems fair until you're the one having to pay that 40%. Doesn't seem all that fair then.  Overtaxing the middle class is is like shooting yourself in the foot and taxing the lower class is moot. Though the weight of the country cannot be carried upon the backs of a few. But no one wants what they feel strongly about to get cut. No one wants to make the hard decisions. So the impasse continues.

          I might wake up early and go running.  I might also wake up and win the lottery.

          The odds are about the same.

            Teddi's avatar - Lottery-008.jpg

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            Posted: June 16, 2013, 2:59 pm - IP Logged

            All I said was that paying nearly half is a rip-off, and it is. How could it be interpreted any other way?

            I Agree! And if you read my post you'd see I agree with you on that. What I didn't get (interpretation or otherwise) was the income tax link. You said, read this, and there was no context for it. 

            Have a happy father's day.

            I might wake up early and go running.  I might also wake up and win the lottery.

            The odds are about the same.

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              Kentucky
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              Posted: June 16, 2013, 3:46 pm - IP Logged

              I Agree! plus don't forget she's 84 Yes Nod 

              We were she told split the winnings with her son and he's not 84.  He could blow a million a year and never live long enough to spend it all.

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                Kentucky
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                Posted: June 16, 2013, 3:49 pm - IP Logged

                You'll not get any argument from me about that. As I said in another post, I would have to live it up for the first few weeks at least once the money hits, otherwise I would stay awake at night worrying I might die tomorrow and never done anything truly unbelievable with at least some of that money.

                 BedDead

                I've never left a restaurant I like without a doggie bag. I'm a slow eater and I get full quickly. So it's inevitable. 

                But we don't even know if it was really a doggy bag or if they ordered an additional meal to take home. Either way, If I hadn't finished, and it's a meal I love, I'm taking it home. Especially knowing the media might be following me if I try to come back and order more at another time.

                Considering how the media loves to portray lottery winners in a certain light, I'd rather look frugal than gluttonous. 

                Sulk Off

                Their lifestyle before they won was probably very frugal. Do you think their financial advisers have them on strict budget?

                  Teddi's avatar - Lottery-008.jpg

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                  Posted: June 16, 2013, 9:55 pm - IP Logged

                  Their lifestyle before they won was probably very frugal. Do you think their financial advisers have them on strict budget?

                  Possibly. But all the interviews I've seen with financial advisors of lottery winners, they say they give them a certain amount of the winnings and tell them to go crazy with it, because after that they'll be on a budget. But that way they get it out of their systems. I don't know if her age is a factor. In Florida, you see a LOT of seniors, and they're pretty set in their ways. Even the ones with money go for their early bird specials and clip coupons. And they're worth millions. 

                   

                  Still, the whole thing is kinda odd. They didn't win $20M. They took home over $223M. How much of a strict budget could they be on? If they lived on the interest alone they'd still be living a life few can even imagine. And it's not as if she has a whole lot of time left to enjoy.

                  I might wake up early and go running.  I might also wake up and win the lottery.

                  The odds are about the same.

                    redhot7's avatar - SetforLifeLogo
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                    Posted: June 17, 2013, 12:21 am - IP Logged

                    Possibly. But all the interviews I've seen with financial advisors of lottery winners, they say they give them a certain amount of the winnings and tell them to go crazy with it, because after that they'll be on a budget. But that way they get it out of their systems. I don't know if her age is a factor. In Florida, you see a LOT of seniors, and they're pretty set in their ways. Even the ones with money go for their early bird specials and clip coupons. And they're worth millions. 

                     

                    Still, the whole thing is kinda odd. They didn't win $20M. They took home over $223M. How much of a strict budget could they be on? If they lived on the interest alone they'd still be living a life few can even imagine. And it's not as if she has a whole lot of time left to enjoy.

                    But all the interviews I've seen with financial advisors of lottery winners, they say they give them a certain amount of the winnings and tell them to go crazy with it, because after that they'll be on a budget.

                    Does it mean that you are surrendering control of your money to your financial adviser or whoever you hire? That's scary. I wouldn't feel comfortable with that at all.

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                      Keokuk,Iowa
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                      Posted: June 17, 2013, 7:55 am - IP Logged

                      But all the interviews I've seen with financial advisors of lottery winners, they say they give them a certain amount of the winnings and tell them to go crazy with it, because after that they'll be on a budget.

                      Does it mean that you are surrendering control of your money to your financial adviser or whoever you hire? That's scary. I wouldn't feel comfortable with that at all.

                      Ditto!


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                        Posted: June 17, 2013, 10:08 am - IP Logged

                        Well, THAT's the trillion dollar question. What's next?

                        40% on $1M seems fair until you're the one having to pay that 40%. Doesn't seem all that fair then.  Overtaxing the middle class is is like shooting yourself in the foot and taxing the lower class is moot. Though the weight of the country cannot be carried upon the backs of a few. But no one wants what they feel strongly about to get cut. No one wants to make the hard decisions. So the impasse continues.

                        Sounds like your living the lie......... We don't need big Gov to manage every aspect of our lives.


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                          Posted: June 17, 2013, 10:12 am - IP Logged

                          We were she told split the winnings with her son and he's not 84.  He could blow a million a year and never live long enough to spend it all.

                          I Agree! Sounds like this winner needs a spending plan, NOT a savings plan.


                            United States
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                            Posted: June 17, 2013, 10:47 am - IP Logged

                            I Agree! And if you read my post you'd see I agree with you on that. What I didn't get (interpretation or otherwise) was the income tax link. You said, read this, and there was no context for it. 

                            Have a happy father's day.

                            High taxes are nothing more than a symptom of the bigger problem which is a bloated and over regulatory Gov. The federal Gov has ONE PRIMARY responsibility which is national security. Take a look at this chart and notice that in the past 50 years our number of uniformed military personnel has been cut in half while the number of federal workers in the legislative and judicial branches has doubled. http://www.opm.gov/pol

                              Teddi's avatar - Lottery-008.jpg

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                              Posted: June 17, 2013, 10:25 pm - IP Logged

                              Sounds like your living the lie......... We don't need big Gov to manage every aspect of our lives.

                              *sigh* I have no idea what you're talking about or where it's coming. But what I do know is that the same people who are so strongly small government are the same ones who want government to get involved and regulate things they are against. They always seem to never want their individual rights infringed on unless it comes to a woman's body or gay marriage. Can't think of anything more individually personal than those...but then big government is okay. No, it's not. They can't have it both ways. So I'm not going to be drawn into the ludicrous rhetoric. 

                              Bottom line: Income taxes have been around for thousands of years, no one's ever liked them.  America will never get around them. They are a necessary evil. They are MUCH too high now. Those are the facts and that's my opinion. The End.

                              I might wake up early and go running.  I might also wake up and win the lottery.

                              The odds are about the same.

                                 
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