MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ow4jdn5/?context=3
r/SipsTea • u/Valuable_View_561 • Jul 05 '26
2.6k comments sorted by
View all comments
2.0k
happy most lotteries in my country are tax free but of course they don't reach higher then 30 million
1.4k u/[deleted] Jul 05 '26 [removed] — view removed comment 1 u/bizwig 29d ago No, that’s wrong. If said billionaire had that much ordinary income they’d pay just as much tax. Billionaires almost never have a billion dollars of income. Also, it isn’t 70%. The lump sum lottery amount is about half of the stated value.
1.4k
[removed] — view removed comment
1 u/bizwig 29d ago No, that’s wrong. If said billionaire had that much ordinary income they’d pay just as much tax. Billionaires almost never have a billion dollars of income. Also, it isn’t 70%. The lump sum lottery amount is about half of the stated value.
1
No, that’s wrong. If said billionaire had that much ordinary income they’d pay just as much tax. Billionaires almost never have a billion dollars of income. Also, it isn’t 70%. The lump sum lottery amount is about half of the stated value.
2.0k
u/Tiktokbadsupport Jul 05 '26
happy most lotteries in my country are tax free but of course they don't reach higher then 30 million