There's a difference between UK lottery winning and US lottery winnings. We don't get taxed on lottery or any gambling winnings, but if any of that money is gifted to friends and family (but not charities) then they are eligible to pay taxes on it - which was Liquid's question in the first place.
Both state and federal take taxes right upfront and then you might have to pay more when you file your taxes depending on how much you won. A decent ballpark is that you lose about 40% of what you win to taxes. The state tax rate will vary state to state though. You also loose a big chunk of your opt to take the payout at once instead of over 20 years.
It differs depending on state. Still, each state shows an advertisement so they can put in minimal effort to explain it.
Typically, any winnings $600 and over is taxable. Then I recall it's 25% of that, plus whatever new tax bracket you're vaulted into (if any change).
No, but the reason for not having tax on the price is that every place has different taxes. Some cities have taxes while others don't, just like some states have taxes while others don't, and those that do all have different percentages. That's why you see video games advertised at $59.99 + tax. The tax is going to be different depending on where you buy the game. For example, I live in Michigan where most things have a 6% sales tax, but things like groceries, prescription drugs, and feminine hygiene products are tax-exempt. When I lived in Utah, the only thing tax-exempt was prescription drugs.
Yes when you buy gas tax is included in the price on signs. A local Drive-In Theater sells all their food items tax included. They do this so they don't have to mess with change rather than selling a Hot Dog for 2 dollars plus tax they sell it for 2 dollars total. Vending Machines have tax included in price. Some states don't charge tax on food items.
Selling something with a beatifully fully rounded price is not the same as including tax.
Whenever I look at product reviews, I try to look for specific issues that either have been reported or that I am concerned about when it comes to the product itself. I also do not hesitate to search on 3rd party sites (say, Wirecutter) to find unbiased reviews of particular items. YMMV.
Focusing on common issues is a good strategy. Some reviews will collect this information and provide a summary which is great. I think this should be promoted over the star rating and become more of a standard for rating systems. Looking for reviews across multiple sources is also a great way to get more info.
Yeah a lot of the minimum and maximum scores can be very shallow. I do like to look through different ratings and try to see what was said but I think this would work even better if ratings could be spread across multiple metrics instead of one overall score.
I was thinking about this comic as well. If I were to take it too seriously for a moment, I think that it has to assume that everyone has a consistent rating methodology, which is not the case. There can be a lot of ratings fueled by preferences. That's not actually a bad thing and if you can sort through reviews to find preferences that match your own it can even be very valuable. I think there is some potential crossover in the 2.5-4 star range between bad products and niche products. It's part of why I want to steer away from 1 dimensional ratings and simple yes/no recommendations.
