posted on Sep, 20 2011 @ 09:19 PM
I would too,
Where I am from you're pretty much paying 50% on any gaming winnings, or if you are in the highest tax bracket. So if you were to take the lump sum
on 100 million the state/gaming already takes half right off the bat leaves you with 50 million, then they tax you another 50% so you have 25 million.
Now lets say you have 10 close family members you want to help out pay for kids college etc so you give ten of the closest a million, take half of
that from them, even though they already taxed you on that money, it's now someone elses income boom they just got another 5 million. Now also
consider a Big House nice car maybe property or real estate to start a business taxed taxed taxed Basically, from 100 million the government has taken
anywhere from 78-85% depending on how generous you are and business goals. Ya that pisses me off, because I guarantee, if the would allow me to keep
that extra 80 million I would change the lives of more people and create a business that hires more people than the government could. No I don't
deserve the money, but neither do they. Do they put up their own money to gamble, do they take any risk, no. Would they allow a private company do the
same thing they do? No. They just "Rape" all the benefits.