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Taxation of Lottery Winners

Comment 20th July 2010

To apply a tax on lottery winners. The starting level to be 500,000 pounds and there after 10% on a sliding scale to say 50%.

Why does this matter?

500,000 pounds to the majority of people would allow them to pay of their mortgage and oustanding debts.

Excessive amounts of money does not always bring happiness.

The tax gained would help to offset the national debt.

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