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I just spent $140,000 Modular Synthesizers
Old 23rd October 2007
  #61
Lives for gear
 

Quote:
Originally Posted by dlmorley View Post
I think winnings like this are tax free, no?
do you live in america...... get this crap...for every dollar the lottery takes in, the winner gets $.50..... so 100 mill played, you win 50 mill.....then the scumbags tax you another 50%....you know they are hurting for money...so they get %75 of all the money played. Then anything you buy with your winning...... TAXES SUCK
Old 24th October 2007
  #62
Lives for gear
 
dlmorley's Avatar
Quote:
Originally Posted by burntrax View Post
do you live in america...... get this crap...for every dollar the lottery takes in, the winner gets $.50..... so 100 mill played, you win 50 mill.....then the scumbags tax you another 50%....you know they are hurting for money...so they get %75 of all the money played. Then anything you buy with your winning...... TAXES SUCK
It is odd that winning something is taxed. You won it! It was given to you..why the state should profit from it I don't quite get.
But hey, in Europe, we are the kings of the hidden taxes.
Old 24th October 2007
  #63
Gear Nut
 
sam sanford's Avatar
 

if i add up every penny ive ever made in my life, im probably no where near $140,000.

i doubt ive made it to 100,00 yet.
Old 24th October 2007
  #64
Gear Guru
 
Sounds Great's Avatar
 

Quote:
Originally Posted by burntrax View Post
do you live in america...... get this crap...for every dollar the lottery takes in, the winner gets $.50..... so 100 mill played, you win 50 mill.....then the scumbags tax you another 50%....you know they are hurting for money...so they get %75 of all the money played. Then anything you buy with your winning...... TAXES SUCK
How else is Bush going to get the 60 BILLION dollars a year for war that he is asking for?
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