Tag: taxes
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Middle Class
As I’ve written before a very long time ago a well meaning professor told the class I was in that a bachelors degree was a guaranteed position in the middle class for the rest of our lives. That to my ears was a tremendously crappy promise. Middle income earners in the US do most of…
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Trade for Cash
If you won two free plane tickets, where would you go? If I won two free plane tickets I almost certainly couldn’t use them. On the game shows when I was a kid, winners could take cash value. That meant they could at least theoretically pay taxes on the prize money and didn’t have all…
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I Don’t Gamble
What would you do if you won the lottery? If someone else bought me a lottery ticket against my wishes and it was a winner I would make sure the taxes on it got paid and leave the rest to the buyer. Lotteries are a tax on the hope of the poor. People with little…