Quote:
Originally Posted by Topspinmo
Lottery along with taxation is legalized racketeering. When the government can steal your inheritance that you paid taxes on for decades, create more tax breaks for the rich than carters got pills due to Lobbists under table money feeding the career politicians.
Now the lottery, it's money maker, governments wins ever time and guess who gets their dirty lying hands on it? The career politicians.
Now shall we discuss the other racket? Insurance?
Don't like the lottery don't play, at least you have that choice. But the other two your Screwed, unless you are rich enough to hire 20 lawyers that get out of paying less tax than your secretaries!
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Federal estate tax has a 5.49 million exemption which means most of us will not pay any tax. If you are a Florida resident, you will not pay any State estate tax either.
I will give you that "tax reform" is needed especially for the middle class. Which by the way, has fewer and fewer people the last several years.
The lottery you correctly can say is a "self imposed tax".
As far as dirty politicians, we get our chance to vote and only 50% (less many times) bother to vote----so who is to blame? I do know that there are honest politicians who do their best to do a good job for their constituents.
Nobody is twisting our arms to purchase insurance. Most just hope we don't have to use it but thankful we have it when necessary. Life insurance is very useful for a young family person and can be useful in estate planning too. It does pay to shop for insurance just as you would when you purchase anything else.
I will still take living here in the USA over any other place in the world. Can it be better----of course.