News Roundup & Open Thread for Friday, July 3, 2009

I think you miss the point... (0.00 / 0)

It'd be one thing for future lottery winners to whine... but we just invented a tax retroactively, solely because we could.
Retroactive taxation, (especially new taxation, when the taxpayer could not have expected any level of taxes) is wrong. I bet in some cases that money has already been spent.

Seems to me the thinking was, wrong or right, this only effects a few hundred (or maybe 1000) people and what are they going to do about it...

 

"Where ever you go, there you are." - Buckaroo Bonzai

---

by: William Weber (WjcW) @ Fri Jul 03, 2009 at 06:08:57 AM CDT

it would be interesting to take a poll (0.00 / 0)

of lottery players to see how many think lottery winnings are tax free.  I doubt very money people think lottery winnings should or are tax free -- though of course you have a point about how people who won and were advised otherwise earlier this year could complain.

I have to think of a witty signature about Frank LoBiondo

---

by: Hopeful @ Fri Jul 03, 2009 at 18:28:55 PM CDT

[ Parent ]

morning fix (0.00 / 0)

thanks for the early roundup fix.  much obliged.

---

by: Jay Lassiter @ Fri Jul 03, 2009 at 06:54:37 AM CDT