this post was submitted on 30 Dec 2024
1077 points (99.2% liked)

196

16803 readers
1932 users here now

Be sure to follow the rule before you head out.

Rule: You must post before you leave.

^other^ ^rules^

founded 2 years ago
MODERATORS
 
(page 2) 50 comments
sorted by: hot top controversial new old
[–] [email protected] 6 points 1 week ago

I'm sure if I was the lottery winner I'd be salty in this scenario, but you only get half as a lump sum anyway, and having $1 billion taxed at roughly half is probably how it should be.

The thing that makes it painful is as OP said, all billionaires should be getting taxed like this, not just that one who can't exploit tax loopholes.

[–] [email protected] 4 points 1 week ago* (last edited 1 week ago) (1 children)

I'm kind of surprised the USA taxes lottery winnings and I live in one of the heaviestly taxed countries. We don't tax lottery winning or other winnings from games of chance. Only winnings from games where some skill is involved (like poker I believe) is taxed.

[–] [email protected] 4 points 1 week ago

They say the taxes generated are used strictly for education but they just cut the amount the lottery tax generates out of the budget and using it on tax breaks for the wealthy and still continue to pay teachers dog shit. This country is truly depraved in every way.

[–] [email protected] 3 points 1 week ago

I can tell you what I would do with $424m, disappear. I'd still do good with most of it but I'm going to leave human society and go join a herd of elephants.

[–] [email protected] 2 points 1 week ago (1 children)

idk what's worse. the punchline of this joke, with pre-existing elites not being taxed, or the fact that someone could look at recieving 420 million, and find an excuse to get mad about it

load more comments (1 replies)
[–] [email protected] 2 points 1 week ago

424 millions is still a mighty respectable amount

load more comments
view more: ‹ prev next ›