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Old 06-08-2007, 12:01 PM
Mike Brennan Mike Brennan is offline
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Join Date: Nov 2006
Posts: 783
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Quote:
Originally Posted by buddyboy View Post
in the US you get dinged 3X

once when you buy the ticket (100% tax)
again if you win (income tax)
again when you spend it (sales tax) or when you die (estate tax)
Don't forget that sometimes income tax is a triple-play - Federal, State and even City Income Tax.
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