“Let’s give away more money to people that have already gotten a massive windfal...

refurb · 2024-05-12T01:27:49

Canada does this. 100% of primary home profit is tax free, even if it’s in the millions.

They also don’t tax lottery winnings.

I’m not a huge fan of high taxes but it would seem to me not taxing either of groups makes and putting the burden on wage earners makes no sense at all.

bradleyjg · 2024-05-12T01:42:58

Lotto winners I can see. Given that it’s a government scheme and they are already making a hefty profit, tax on top seems like double dipping.

refurb · 2024-05-12T01:51:05

Really? It's literally money won through a game. It would seem taxing it heavily makes more sense than telling someone working 40 hours a week at $15/hr they should be paying taxes instead.

bradleyjg · 2024-05-12T01:56:40

If it was a game run by anyone else, sure. But in this case you pay the tax by buying the ticket.

FWIW I think it's rather immoral for governments to run lottos to begin with.

refurb · 2024-05-12T03:07:58

Sure the government raises some taxes through the lottery, but there is no reason why it can't be more.