bloodsucking parasites

Stephen A. Frye s.frye at VERIZON.NET
Wed Apr 21 17:43:19 MDT 2004


The 60 is a guess.  There's a formula for it.  I would assume the formula
takes in to account interest rates, etc.  I don't know of any state that
taxes its own lotto winnings.  I don't know about cities.

At 01:18 PM 4/21/2004, you wrote:
>The highest rate for federal income tax is what, 39%?  Then there is state
>income tax, and maybe something from the city they live in as well.  I
>thought about what you said, but if they had ended up with a lump sum
>payment of 60 million, they would have had less than $42 million after
>taxes.
>
>--
>
>Del Boy for President
>
>On Wed, 21 Apr 2004, Thomas Matiska wrote:
>
> > Did the press get the story straight?  My first guess would be $109
> million in payments, $60ish lump sum, $42 after that is taxed (not saying
> that "only" taking a third ain't blood sucking).
> >
> >
> > Tom
> >
> >
> >
> >
> > > I just saw a bit on the local news about a couple in Maryland who won
> $109
> > > million in the state lottery.  They got $42 million after taxes.  The
> > > bloodsucking parasites in government took 61% of their money.
> > >
> > > The lady readin the story said they were moving.  If they have any sense
> > > they'll move out of Maryland to a state that doesn't tell you to bend
> over
> > > and lube up every time you put a dollar in your wallet.
> > >
> > > I guess they have a special understanding of the Beatles' Taxman.
> > >
> > > "There's one for you, nineteen for me."
> > >
> > > "If five percent appears too small... Be thankful I don't take it all."
> > >
> > > --
> > >
> > > Del Boy for President
> >



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