To: Doogle
I’m assuming these people don’t have $5 million in the bank.
So they’ll have to sell half of the coins just to pay the tax man.
Aint gubmint grand.
37 posted on
02/27/2014 1:59:47 PM PST by
lacrew
(Mr. Soetoro, we regret to inform you that your race card is over the credit limit.)
To: lacrew
So theyll have to sell half of the coins just to pay the tax man.
I remember the same thing for some game show like "The Price is Right" or "Wheel of Fortune" or something like that. People would win a car, but couldn't afford the taxes they had to pay on it. I think they switched to a secret "cash option" that people could take instead of the cars.
I also remember stories about pro sports team owners dying and leaving the team to their kids. The kids would owe so much death-tax they'd have to sell the team.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson