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Lottery, Not a good form of tax.

Topic closed. Posted 10 years ago. No replies.

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United States
Member #24439
October 22, 2005
638 Posts
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Posted: June 1, 2007, 10:49 am - IP Logged

Lottery is not a good form of tax.  I know it is used as an excuse for funding education.

While others believe they need to cleanse us from the evil of gambling.

Recently, Tennessee increased taxes on cigarettes. I am not a smoker myself but it just doesn't seem right.

If you a gambler, you know about high federal and state taxes on winning the jackpot.

Yet, when they reworked Powerball, they fed and state government gets even more percentage of our money.

If you think about it when does a billionaire decide that he/she has made enough money.

I think they should stop taxing us so much because they will never be satisfied.