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If you won 1 million on the lottery, what would you spend it on?

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    #91
    Originally posted by AtW View Post
    I state categorically that taxation should encourage development into good direction that benefits society long term.
    And who is going to decide what things are a "benefit to society" and what things aren't?

    Originally posted by AtW View Post
    What is the benefit to society when people win huge amounts of money tax free?
    The money will be spent and find its way back into the economy so everyone with a stake in that economy will benefit.

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      #92
      Originally posted by Gonzo View Post
      And who is going to decide what things are a "benefit to society" and what things aren't?
      Look, are you playing dumb here? Clearly if gambling win is taxed at 0%, but high income at 40% (plus employer NIC, employee NIC), then what kind of signal it sends?

      Just how you guys have guts to argue for 0% tax on gambling wins when inheritance is a rip off? Why is it okay to pay 40% tax on something that belongs to your family which had already been taxed heavily?

      Originally posted by Gonzo View Post
      The money will be spent and find its way back into the economy so everyone with a stake in that economy will benefit.
      So then lets cut all taxes to zero, if this happens I will agree gambling should have 0% tax on it too. But in situation when lots of other things are taxed like heck, trying to get away with millions of lucky winnings tax-free is abhorent and what's worse is that people are given false hope they could win and change their life, WRONG, they should not NEED to win because most of them WON'T win it - that's why taxation should encourage things that are beneficial to society, for example low capital gains tax on long term business investments.

      Footballers (with >£1 mln salary), gamblers etc should get 90% tax.

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        #93
        95 million ?

        I have no idea.

        Get a massive screen to play Warcraft on for me and for the missus. Her PC is in the bedroom, and mine is in the Lounge. We chat on TS.

        Build Menemsha.

        Buy load of music equipment to equip my own studio.

        Write music when not playing WOW.

        Travel the world on the QE2 State Apartments. With Laptops for WOW. Stop off at interesting places, coo at them, buy furniture for Menemsha, then scuttle back on board to play WOW.

        Visit the places we want to see in Europe before we leave for good. Then head to NZ (Christchurch) to settle down.

        Start a housing association for Maori's.

        Spend the rest of our lives playing the successor to WOW and travelling the world (with laptops). Cars...pah. Get a chauffeur to drive so you can play on the lappie.

        By all means, do the culture-vulture bit and moan appreciatively at things of art and culture. I really can appreciate the brushstrokes in a Mónet. With my entire soul and being. I can eulogise how good the work is until the cows come home. Then I can find something better in an instant. WOW is good, IMHO. But in a year or so, it will be cr@pper than the cr@ppest thing invented. Hence it get's the flush. Move on, consume, enjoy, move on, ad infiniteum. Life is too short.
        Last edited by Board Game Geek; 8 February 2008, 22:33.
        Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

        C.S. Lewis

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          #94
          Originally posted by ThomasSoerensen View Post
          My wife sometimes enjoys this fantasy. Then she invites me to sit and dream with her and list objects or events that we would spend money on.

          This was fun for a while. But I thought it got boring as we never play the lottery .

          SO last time she asked me to enjoy this game with her I just told her that if I won the lottery for a good size prize I would simply vanish from her life. She would never see me again. This has disappointed her to the level that she has not asked me to this game since. Mission accomplished.

          Just because she is not inviting you to play the fantasy does not mean she is not enjoying the fantasy with someone else

          Bad move btw... Bad Move I tell ya

          Comment


            #95
            retire..........

            travel the world...

            make sure i give all my money to charity when i do..

            give only 10k to my heir!!!

            They've got to earn it...

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