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America is controlled by the rich and for the rich.
It’s his he didn’t steal it so let him keep his own money, Walz and llmar are keeping your money and stole some too
why don't we tax all illegals?????
Billionaires are not naïve and do not retain their wealth in cash. It’s absurd to think they can be taxed like lottery winners under the current IRS code. They are billionaires because they know how to manage money, not win it in the lottery.
The rich kept paying less taxes , and it is not work they did do get it. They keep getting more tax breaks on money they just sit there and make. Working people are always paying more they cut your taxes then decrease our deductions. At one time the rich paid 50% in taxes, I think it looks it has gone down quite a bit over the years. The thing is they don’t hurt financially with high taxes , because they can make that money back in probably a week.
EVERYONE pays “ TAXES “ on everything when they purchase items then people pay L TAXES “ at the end of the year and get a little return out of that then they want to “ TAX “ lottery winnings especially taking that one lump sum All that “ TAX “ money is just staying in rotation… life in all reality is a “ GAME “ kinda like monopoly 🤷🏽♂️The rich get richer and the poor gets poorer etc. in my eyes there’s “ LEVELS “ to the shit it all depends how the dice rolls baby! I have a lot more to say but too much to text not enough space etc. and the list goes on long story short money makes the world go around but everyone ( especially certain people ) want to have their hands in and on the shit!!! It’s all about control at the end of the day I sit back and read as much as I can piercing things together reading / watching who can “ TRUMP “ it’s all about - MONEY - POWER - RESPECT
The rich don’t pay taxes because their money is not income
it's called an early pay out deduction wasn't just taxes ...
Whose to say we don’t, besides all the tax credits, donations, and right offs that billionaires do 😲🤔
Remove the legal loop holes
If the government takes more than half there money than that’s less they will invest in business and create jobs
Billionaires earned their money. Overtax them and watch unemployment skyrocket
cause the idiots who wrote this does not understand economics..
My question is why are you looking at other billionaires and not the fact that your government took the biggest part of the man’s money. You believe they won the lottery? You don’t see the real problem?
We do!
Delete FB and the gram Zuckerberg can eat our 💩
Exactly.
They work for theirs
hmmm...tax code..that prize is ordinary income...Millionaires/ Billionaires structure their income to come from capital gains( lower tax rate than ordinary income)..They take advantage of tax lawyers loopholes that are legal.Dont like it change the tax laws
and you know the democrat politicians that's another one of their slush funds.....
Good question. Why don't we?
I don't believe that
Yes, this statement is true, they should be taxed !!! Billionaires
What a scam.
The lottery keeps half of the 2.8 billion and the winner is left with half, and that is taxed 23 % by the federal government and if there is a state tax they take theirs and the rest is the winners
He earned it.
Punish those that innovate, you lefties are geniuses. Who is going to pay along those taxes? Stifle innovation, the desire to produce something that can change the world; people buy those innovations. Right now they are paying 49% of all the taxes. The billionaires aren’t the problem, the fact that you want to do little or nothing and get paid is the problem.
what will you do next year, eventually you run out of others money. damn, you are smart..
the rich must pay at least their fair share otherwise we are back in the middle ages. serfs and kings it's what taco wants
that guy with the $628 million paid his dues now he's going to get all the tax breaks
Because we do. We make them pay payroll taxes, Property taxes, some places make them pay money on unrealized gain, taxes on income they earned, taxes on money they leave to their children that they already paid taxes on. Most people who claim to be a billion don’t even have a billion dollars. They own things that hold that value. Imagine making Kanye West give half his money to taxes and then lose his Addis deal. You can’t know what you don’t know, but a lot of people speak out of turn about things they nothing about.
It's a shame he didn't get half or more of his winnings.
I concurred 👍
You probably don’t know those but lottery tax is a entertainment, /gaming tax which is 65%
Because Trump and the Republicans took their taxes away from them and his first and second term.
Because cause Trump gave them two big tax cuts, why hard working people pay for it
Because billionaires don't take home billions but keep it invested in equity assets. The moment they do attempt to get some money to take home, the capital gains tax applies and takes all their money as well.
That's funny because Mark Zuckerberg is moving to Florida. Keep raising taxes and you'll lose the people you want to tax.
If it was a billionaire that won it, he or she probably wouldn’t have had to pay taxes.
how true
Well, you’re talking out your ass we do tax all billionaires like that who become billionaires overnight like that, but because they acquire their wealth over time, they pay for it overtime and have that man taken the payments rather than the one time payment, he could’ve taken home more than he did
absolutely
Do all the dummies just hide under a rock somewhere and then come out and show their ignorance on something like this happens? Look-that amount shown is too line if no tax and financial advice is followed by the winner. Why do you suppose to take the winners a number of months at times to come forward they’ve been spending their time planning how to save most of the winnings for themselves rather than sending them back to the government.. this world is just full of ignorant little weasel.
rich people pay plenty of taxes
All billionaires aren't really billionaires. they don't have actual money. THEY HAVE ASSETS THAT THEY BORROW AGAINST.
abolish taxes
Because people need jobs and a lottery winner has to pay windfall tax, which is higher. People like Musk and Bezos employ a lot of people. Brilliant men who were able to capitalize on their ideas. They worked for their money.
California is trying to tax them like this and it isn’t working at all.
after accepting the half cash payout, then taxes, that's usually around 33%(?).... I wouldn't give a shit, I'm still a multi-millionaire, I could live very comfortably on the interest alone....
They get Rich off of Us Peasants
we do. rich people pay 80% of taxs how much do you pay? bottom 15 % of American citizens pay zero taxs. maybe they should start paying one way or another. get you facts straight b4 you open your mouth
because he was smart enough to leave California
we do
most richest people always say their money is in investment or trust..which allows them to say that they don't have any money liquid and it's being used for other things and the system is designed to let them get away with it 🤔
They should tax them higher the billionaire they don't mind taking the poor s money
EVERY last one of them.
Cuz they’d leave this country and take their money with them to China.
because of tax credits and tax laws that the rich accountant know that the most common people do not that's why Trump Clinton Obama sorrows pay minimal in taxes and Trump called it out he said you're right I didn't pay all my taxes and the reason being is because you wrote the tax laws and you won't change them because the people who donate to you use the same tax laws as I do he called it out for what it is a spade.
I think 10% of the population still pays 90% of the taxes collected. Don’t fall for Democrats lies …. They only care about elections and fear mongering
Takes away the incentive to produce more.
They pay 40 percent in taxes. However the tax code allows write offs. Don’t like it get your politician to change it. They won’t because there donars are writing off their contributions for their campaign. Vote Red
Because the rich get all the breaks! We only tax the commoner that much when they have an unlikely winning so we can keep them from becoming wealthy too. We are NOTHING but wage slaves to the oligarchs that currently run this country. They don’t give a fuck about us.
lottery is a scam!
They need to start taxn u.
Right
Can I ask a simple question or question was just presented about a man who won over $2 billion and he walked away with $680 million admit that is a lot of money to be taken out of that um however it was said why don’t we tax all billionaires like that Let me explain all billionaires on corporations all corporations have people that work there for them which means that billionaire is supplying jobs also and a lot of those jobs. There are benefits, vacations, insurance stock, option plans, and retirement plans, and other things now that billionaire took a risk to build that business he not only employees the people that work for him, but he employees a team of lawyers to help protect his business that’s more money going out so maybe if you think about it after you look at that billionaire a little while maybe that $680 million might be about where he’s at
Their money is set up in a 501 (3c) which is a charity you can’t tax charities that how they stay rich make a charity doesn’t trace back to them then set up life insurance on that account a draw from it when they want to
Because we allow these corrupt billionaires to buy legislation that allows them to not have to pay their fair share like the regular citizens pay.😆 the paper is going to make the fire hotter