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How the $500 million Powerball lottery is a tax on the poor
The Week ^ | November 28, 2012 | Ryu Spaeth

Posted on 11/29/2012 8:11:47 AM PST by ExxonPatrolUs

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To: ksen

You didn’t intend it that way, but this cartoon clearly mocks trickle-down economics by showing the rich guy upset that ‘lucky duck’ got a whole dollar, used to buy bargain food, out of the thousands the rich guy spent on luxuries.

A more accurate cartoon would be ‘lucky duck’ now working a full time job since ‘rich guy’ spent his $. An even better one would be to show the cyclical prosperity by having ‘lucky duck’ now able to buy a new car from Mr. richguy’s company.


41 posted on 11/29/2012 10:25:14 AM PST by No.6 (www.fourthfightergroup.com)
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To: ExxonPatrolUs

My father calls the lotery the poor mans tax.


42 posted on 11/29/2012 10:28:34 AM PST by Phlap (REDNECK@LIBARTS.EDU)
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To: Paladin2

I can honestly say I lost a lot more in the stock market than I ever lost playing any lottery. Actually, I think I’m ahead on the lottery; only play when it’s over $2M, 3-4 times a year, and won a couple hundred once.


43 posted on 11/29/2012 10:36:55 AM PST by WinMod70
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To: ExxonPatrolUs

Think of all the “goods” you could buy with tha money and how many jobs you might spawn.


44 posted on 11/29/2012 10:40:11 AM PST by Sacajaweau
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Gambling: average payoff is negative.
Investing: average payoff is positive.


45 posted on 11/29/2012 10:42:06 AM PST by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com)
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To: Joe 6-pack; theDentist

“When the lottery hits $100M or more, I buy a few tickets. I don’t expect to win, but it’s a nice little dream.”

I found a $5 bill on the ground years ago.
I keep it in my wallet, thinking about ways to turn that $5 into a business.
It’s a nice little dream, one much more viable than giving it away in hopes the government might lavish riches on me in return.


46 posted on 11/29/2012 10:52:53 AM PST by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com)
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To: No.6
You didn’t intend it that way

Actually, I did intend it that way. ;)

47 posted on 11/29/2012 11:18:07 AM PST by ksen
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To: ksen
No, but this bogus critique of it - which you well know that cartoon really is - is commie crap. You know, like the stuff in your brain, lib.

Why do you libs always have to lie? Why? You know, don't bother answering. I already know the answer and don't feel like (nor will I) read anything else you post here.

48 posted on 11/29/2012 12:32:27 PM PST by safeasthebanks ("The most rewarding part, was when he gave me my money!" - Dr. Nick)
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To: Paladin2

apparently they can afford to play the lottery.

they get more back from government than 1300 bucks anyway.


49 posted on 11/29/2012 12:56:01 PM PST by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: discostu

playing the lottery is voluntary,.......for now.


50 posted on 11/29/2012 12:58:48 PM PST by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: ExxonPatrolUs

Its supposed to be a free country. If you want to gamble on the lotto thats your buisness.


51 posted on 11/29/2012 1:00:50 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: jrg

some derm libtard politician in nj or ny is pissed that some people have private generators for themseslves and the poor don’t.


52 posted on 11/29/2012 1:03:44 PM PST by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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