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To: GeorgiaDawg32

How will she ever afford the taxes and insurance. Sell the car, live on the money, get some training, find a job.


7 posted on 07/29/2006 6:16:32 AM PDT by King Moonracer (Bad lighting and cheap fabric, that how you sell clothing.)
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To: King Moonracer

How will she even afford the gas?

If I was down and out and won a car like that, it would go up for sale and the money would go to feed the kids and help me find a job.

People just expect too many free hand-outs!


104 posted on 07/29/2006 7:43:19 AM PDT by DakotaRed
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To: King Moonracer

My question precisely, winners of contests pay taxes before possession of winnings, so how on earth did she come up with the 20% plus, federal, and who knows how much state, plus license fees. Hmmmmm? I mean that's 8 grand federal taxes on the car alone.

This is why winning anything, like the house that DIY TV "gives away" each year, is more likely to be sold than used by the winner, because the FEDERAL CONFISCATION AGENCY deems it necessary to take what doesn't belong to them in the name of taxes.

Like the death taxes the leftist are always poo pooing, that never hurt anyone. BS, inheritance taxes hurt everyone, by confiscating wealth that would be used to build on itself and build business, and using it wealth consuming ways, and when exhausted more confiscation is necessary. There is more, lots more.


156 posted on 07/29/2006 8:47:04 AM PDT by wita (truthspeaks@freerepublic.com)
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To: King Moonracer
IMO: Federal capital gains taxes would be in the neighborhood of 28% for the working, as for the unemployed maybe 20%? Car insurance is another matter...
192 posted on 07/30/2006 12:03:58 PM PDT by Las Vegas Dave ("Liberals out of power are comical-Liberals in power are dangerous!"-Rush Limbaugh.)
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