Lottery winners contribute more to the U.S. economy as consumers through their internet shopping than almost any of you will contribute to the economy during your entire working lifetime. Their careful selection of purchases will help employ more people than any 10 middle class families in America. In addition, they will not need social security, medicare or any other give-away government programs. Just because they were smart enough to buy a ticket and pick the winning lotto numbers, we should not penalize them by also requiring them to pay out money to subsidize programs they will never use. Lottery winners serve as an example of what we all wish to be. True?
2006-10-02 13:27:10 · 5 answers · asked by Wait a Minute 4 in Business & Finance ➔ Taxes ➔ United States
Lottery winners have no need for national defense since they can always relocate to safer areas of the world during times of crisis.
Lottery winners also have the ability to contribute far more to charity than most of us will ever earn during our lifetimes.
Lottery winners also have more free time available to them to do charity work if the desire.
2006-10-02 13:42:49 · update #1
LOL!!! That is funny.
2006-10-02 13:36:12 · answer #1 · answered by worldneverchanges 7 · 1⤊ 0⤋
I hope you are joking. They were "smart" enough. Lottery tickets are by far the worst investment ANYONE can make. The reason you hear many if not most lottery winners being broke in 2 years is because maybe they weren't so smart. And your mention of the middle class family is ironic because they are the ones that pay around 80-90% of all taxes so excuse me if I don't shed a tear for a millionaire who has to pay the gov.
Why did you say Internet shopping?? Is there a stat somewhere on the Internet spending of lottery winners (I doubt it). And as for not needing Social security they will get it regardless of if they "need" it. And these two programs are a VERY small percentage of government spending. How about national security will they use that, how about first responders ever need that?
You seem to be close to this subject did you just write your check to the IRS or what? Maybe you should focus your concern to middle class teachers or other very respectable professions that are underpaid and under-appreciated and yet still carry the lions share of the tax burden.
2006-10-02 20:37:07 · answer #2 · answered by Zach R 1 · 0⤊ 0⤋
get real.
By your logic, people that don't have children ought not to pay taxes that go towards education.
People that don't drive cars shouldn't pay taxes that go to road maintenance.
People that do drive cars shouldn't pay taxes for public transportation.
If you never had a fire, or never been robbed, you shouldn't pay taxes that pay police and firemen.
Think about it - taxes go towards paying for a lot of things that some people need and use and some don't.
If you have a better system, let's hear it.
2006-10-02 20:43:36 · answer #3 · answered by Piggiepants 7 · 0⤊ 0⤋
to a certain degree i dont think they should be penalized because they got lucky but on the other hand they do contribute a lot of money. it depends on what side of the argument on. if you are a welfare reliant person then you want people to give you money from taxes but if that same person win that money he/she wont want to pay taxes on it
2006-10-02 20:36:39 · answer #4 · answered by blackhawks29 2 · 0⤊ 0⤋
Well if you say so then it must be true.....did you get audited or something or are you just a lotto junkie?
2006-10-03 12:14:38 · answer #5 · answered by Kenshin 5 · 0⤊ 0⤋