Dont you feel they take away too much taxes..$25K - $600K Pick5Prev TopicNext Topic

• pumpi76

  

  Honduras
  Member #20,981
  August 29, 2005
  4,715 Posts
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  Jul 15, 2009, 1:28 am

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  This is how i feel...If is more than 10 million take taxes from it..But if is a $25K to $600K Pick5 they should not take taxes....

  don't you feel the same way....For instance i keep forgetting that the typical american houses now costs 500K.....So if you win 500K in the lottery it leaves you with 250K after taxes....Can't even pay your house really good...

  You know how many dodge charger you could had buy with $250K, all taken away from you....To me the acceptable tax for $500K should be 50,000...This people forget that if you are married with your wife and kids which most people are and she decides break up with you you all have to split that 500,000 house is going to be half yours half hers...So what are you telling me....

  The Forex trades: 1.6 Trillion dollars EVERY day, that´s more than the GDP of the Carribbean Central America, COMBINED. Enough to feed every crook out there for centuries...To all Geniuses & Powers Countries of the World the Planet needs breakthroughs in all Medicine, Veterinary, Biology related fields, Psychology, Population Psychology/Sociology..They need to genetically ingeneer new plants species/types to give more variety of plants and thus have more resources for combating diseases¨

  
  

   
  

  
  

   
  

  
  

   
  

   
  

  
  
• zxchris

  

  Texas
  United States
  Member #58,737
  February 24, 2008
  59 Posts
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  Jul 15, 2009, 12:55 pm

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  I agree with you, however...

   

  taxes fund the government that protects and enables the life you live right now.

   

   

  If we don't pay our government then (insert rival nation here) would march right in here and take your freedom, instead of just a few dollars that were not in your pocket in the first place.

   

   

  :D

  Luck is the residue of design.
• pumpi76

  

  Honduras
  Member #20,981
  August 29, 2005
  4,715 Posts
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  Jul 15, 2009, 2:07 pm

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  Yeah but those amounts 25K-600K, they don't even make up 1% of the revenue the government gets from taxing so why tax it...

  What about the American dream? again if is 10 milion or more tax it but if is 25K to 600K let people live their small American dream....

  Tell me if you win 50,000 and half of it is taken away from you leaving you with 25,000, what can you do with 25K? What can you do with that? so why play in the first place...

  I don't think countries want to march into the USA and take away something...The only thing they will want to take away is the Military secrets, atomic bomb secret & if they could carry with them the stock market they would had but other than than i don't think they want to march and take nothing away...

  USA got a perception problem....

  The Forex trades: 1.6 Trillion dollars EVERY day, that´s more than the GDP of the Carribbean Central America, COMBINED. Enough to feed every crook out there for centuries...To all Geniuses & Powers Countries of the World the Planet needs breakthroughs in all Medicine, Veterinary, Biology related fields, Psychology, Population Psychology/Sociology..They need to genetically ingeneer new plants species/types to give more variety of plants and thus have more resources for combating diseases¨

  
  

   
  

  
  

   
  

  
  

   
  

   
  

  
  
• GASMETERGUY

  

  NASHVILLE, TENN
  United States
  Member #33,371
  February 20, 2006
  1,044 Posts
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  Jul 15, 2009, 9:02 pm

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  I believe all lotto winnings should be tax free.  Remember, the government gets 50% of all wagers before the draw.  Then they tax the winner to get even more.  They should be satisfied with the first 50%.
• pumpi76

  

  Honduras
  Member #20,981
  August 29, 2005
  4,715 Posts
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  Jul 15, 2009, 10:30 pm

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  In response to GASMETERGUY

  Quote: Originally posted by GASMETERGUY on Jul 15, 2009

  I believe all lotto winnings should be tax free.  Remember, the government gets 50% of all wagers before the draw.  Then they tax the winner to get even more.  They should be satisfied with the first 50%.

  To me, they should collect 2 pennies more out of every dollar they collect, thus 52% of every dollar...Take those 2 pennies out of every dollar and they will have their money...And this way not have to tax half of what you win....

  The Forex trades: 1.6 Trillion dollars EVERY day, that´s more than the GDP of the Carribbean Central America, COMBINED. Enough to feed every crook out there for centuries...To all Geniuses & Powers Countries of the World the Planet needs breakthroughs in all Medicine, Veterinary, Biology related fields, Psychology, Population Psychology/Sociology..They need to genetically ingeneer new plants species/types to give more variety of plants and thus have more resources for combating diseases¨

  
  

   
  

  
  

   
  

  
  

   
  

   
  

  
  
• Set4life

  

  East Hampton, NY
  United States
  Member #41,994
  June 25, 2006
  1,137 Posts
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  Jul 18, 2009, 6:43 pm

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  all lottos should be tax free period, but thats only a dream.  Someone correct me on my history but, didnt we escape England bc of the <snip> ridiculous taxes ?  lol  now I think England got the better deal ahhaha.   They want to tax us on basically everything, but they yap and b1tch about state deficits. Where the <snip> is everyones tax money goin too???

  This post has been automatically changed by the Lottery Post computer system to remove inappropriate content and/or spam.

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• PERDUE

  

  Monkey Butt, USA
  United States
  Member #54,567
  August 23, 2007
  1,124 Posts
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  Aug 4, 2009, 10:13 pm

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  In response to Set4life

  Quote: Originally posted by Set4life on Jul 18, 2009

  all lottos should be tax free period, but thats only a dream.  Someone correct me on my history but, didnt we escape England bc of the <snip> ridiculous taxes ?  lol  now I think England got the better deal ahhaha.   They want to tax us on basically everything, but they yap and b1tch about state deficits. Where the <snip> is everyones tax money goin too???

  This post has been automatically changed by the Lottery Post computer system to remove inappropriate content and/or spam.

  Into the pockets of the fat cats that run this wonderful country. I mean after all the purpose of most states having a lottery is to fund education and things along that nature. At least that what we were told before we voted yes.  Now we have to pay taxes too??? Who really wins? Not me.