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Old 08-09-2007, 03:45 PM   #151
beachy
Scoring Winger
 
Join Date: Apr 2006
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Quote:
Originally Posted by albertGQ View Post
$60k? Are you kidding me? The tax man isn't going to take 76% of her winnings. Out of the $250k. I bet she takes home $165k
right, my bad - I was thinking she was only winning 125 grand (half of 250 grand) rather than half of 500.
I have heard taxation in the US on game show winnings etc are very heavily taxed ie. up to 50%
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