You're right. You buy tickets with after tax dollars,
so taxing winnings is double taxation. (There's an
extra hidden tax in the fact that lotteries are
unfair, since their purpose is to raise revenue.)
Alternatively you could make the ticket price
deductible and tax the winnings. (That
wouldn't fix the hidden tax.)
You've just added a point to the platform of
the Afro-Jewish Peoples Party. We'll name
a bridge after you.
mbs
Since winning the lottery is the way people get rich
(in their fantasies), why not propose exempting
lottery winnings from the federal income tax (which
would in fact only be fair, since such winnings are
not income but transfers, and lottery losings are
in practise never deductibles from pretax income)?
Shane Mage
When we read on a printed page the doctrine of Pythagoras that all things
are made of numbers, it seems mystical, mystifying, even downright silly.
When we read on a computer screen the doctrine of Pythagoras that all things
are made of numbers, it seems self-evidently true. (N. Weiner)
That's nuts. You know the failure rates for small business better than I do.
I just know that it is very high. And how amny of self-employed or
entrepreneurs go into their 60s (or 70s) with enough to retire on decently?
jks
Max B. Sawicky [EMAIL PROTECTED] wrote:
Better, I say, to have a political program
that speaks to individuals' ability to take
the most practical route out of wage slavery --
going into business for themselves.
I presume you mean collectively, in coops and the like? jks
Facilitating coops is important, but I also mean
individually.
mbs
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