schildi
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Post by schildi on May 18, 2011 17:51:51 GMT -5
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Sum Dum Gai
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Post by Sum Dum Gai on May 18, 2011 17:56:12 GMT -5
How many threads are we going to have about this story?
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schildi
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Post by schildi on May 18, 2011 18:01:45 GMT -5
How many threads are we going to have about this story? Of course I won't be able to answer that, as I can't look into the future (unfortunately). So I take it that this topic was covered before (haven't seen it), or did I misinterpret your nice (but not very clear) reply?
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chiver78
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Post by chiver78 on May 18, 2011 18:02:35 GMT -5
it has been covered, but you wouldn't guess it by the thread title the other guy picked - something about public hangings.
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Sum Dum Gai
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Post by Sum Dum Gai on May 18, 2011 18:08:27 GMT -5
Of course I won't be able to answer that, as I can't look into the future (unfortunately). Touche
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april47
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Post by april47 on May 18, 2011 18:28:36 GMT -5
Texas has a limit to assets. From their website
"The household must have $5,000 or less in countable liquid assets combined with excess vehicle value. This includes cash, checking and savings accounts, stocks, and bonds. It does not include non-liquid assets such as land, minerals, and livestock. Prepaid burial insurance or funeral plans with a cash value exceeding $7,500 must be counted as a liquid asset."
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dancinmama
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Post by dancinmama on May 18, 2011 20:08:05 GMT -5
I think the guy outta invest in a bullet-proof vest.
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ruger2506
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Post by ruger2506 on May 18, 2011 20:52:30 GMT -5
it has been covered, but you wouldn't guess it by the thread title the other guy picked - something about public hangings. It still pisses me off. Yeah, some people are more civil and PC than I am. I don't fault them for that. I guess the world needs people like that to. ;D
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schildi
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Post by schildi on May 18, 2011 21:21:57 GMT -5
I think we can actually thank that guy. He now showed everybody that hole in the law, and there is at least some hope that it gets fixed. I don't even want to know how many thousands of people there are out there who have significant assets, but still drawing SS or living on food stamps. It needs a case like this to become public I guess.
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haapai
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Post by haapai on May 18, 2011 22:21:15 GMT -5
I have to wonder exactly which federal rules Michigan waived or whether this guy has cashed in his lottery ticket yet. SNAP recipients usually have to deal with some maddening asset restrictions. Not everything that you or I would consider an asset goes into that calculation, but the total amount that a household can have in cash is quite low.
I have surprisingly little problem with gambling winnings being excluded from income. If they were included, a $5K Keno ticket that you used to extinguish debt (i.e. paying off a vehicle that you used to get to work) could get you bounced off the SNAP rolls for a long time.
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Deleted
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Post by Deleted on May 19, 2011 7:57:29 GMT -5
Out of all the government waste that could piss me off, this falls really low on the list. This guy will probably blow through his money and need food stamps for real again in a short amount of time.
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schildi
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Post by schildi on May 19, 2011 8:00:07 GMT -5
Out of all the government waste that could piss me off, this falls really low on the list. This guy will probably blow through his money and need food stamps for real again in a short amount of time. Probably true. Yeah, I could find things where the waste is worse.
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Post by maui1 on May 19, 2011 8:45:51 GMT -5
everyone is missing the main issue..........and that is the law of unintended consequences. when gov't tries to fix one thing (hunger w/food stamp program), it brakes another. usually what is broken by the 'fix' is worse for the country than what the gov't was trying to fix.
also...in most cases the problem is not fixed (hunger) but exacerbated, and the only winners in central planning, are the central planners themselves and their associates.
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frep
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Post by frep on May 19, 2011 9:01:27 GMT -5
can we at least hope he has to pay taxes on the 2M? I believe any lottery winning of that sized would have the taxes deducted before he would receive anything.
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Post by maui1 on May 19, 2011 9:25:13 GMT -5
can we at least hope he has to pay taxes on the 2M?
this is the problem with our society, in which amercia (voters) is based on. we, as voters are ok with today, not considering the big picture problem.
ok.........this guy does not get his 400 food credit and pays taxes on his winnings...... so " i am happy" ......mean while, 6 million are still hungry, and we are spending 40 billion a year to aggravate the hunger probelm in america, even more.
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runewell
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Post by runewell on May 19, 2011 9:49:36 GMT -5
You people that have saved for retirement can forgo your social security since you clearly won't be needing it either - or are you mooching off the system too??
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midjd
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Post by midjd on May 19, 2011 10:05:22 GMT -5
Yeah, I'm not getting the logic behind "I paid into SS, I deserve it" while simultaneously claiming that this guy should be tortured or killed.
If the jackpot was $2M, he paid at least $1M in taxes. That is more than many people (EBT recipients or not) will ever pay over their lifetimes. Say 45 working years, that's $22K+ per year. Has he not at least paid enough to cover the benefits he's receiving? How many SS recipients get more out of the system than they ever paid in?
Unless it's zero, I'm not seeing how these situations are so different - yet the EBT recipient is threatened with bodily harm while SS recipients are put on a pedestal.
(Not saying I agree with this guy's choice whatseover - but I am glad he has brought it to the public's attention, these types of loopholes seem to punish the innocent while rewarding those who know how to play the system).
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phil5185
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Post by phil5185 on May 19, 2011 10:40:21 GMT -5
How many SS recipients get more out of the system than they ever paid in?
Unless it's zero, Isn't the SS System based on 50/50? Ie, half will get more than they paid in, half won't.
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swamp
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Post by swamp on May 19, 2011 10:42:47 GMT -5
How many SS recipients get more out of the system than they ever paid in?
Unless it's zero, Isn't the SS System based on 50/50? Ie, half will get more than they paid in, half won't. I think that's how it was originally designed, but longer life spans have blown that theory out of the water.
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Post by maui1 on May 19, 2011 11:20:35 GMT -5
again, we are talking one bad effect of all the bad effects of central planning intervention.
what i feel is important, is the fact of how these programs are miss-managed, ill thought out, abused, manipulated, stolen from, and has a very large overhead to administer badly.
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Post by maui1 on May 19, 2011 11:27:30 GMT -5
California welfare recipients are able to use state-issued debit cards to withdraw cash on gaming floors in more than half of the casinos in the state, a Los Angeles Times review of records found.
The cards, provided by the Department of Social Services to help recipients feed and clothe their families, work in automated teller machines at 32 of 58 tribal casinos and 47 of 90 state-licensed poker rooms, the review found.
fixing or getting upset at one problem area, overshadows the real issue. there are tons of abuses, all you have to do is goggle food stamp abuse, to spend the rest of your life reading of abuse cases.
fixing the issue should be our concern, not one person having a million dollars and still getting food stamps.
lets get out of the business of trying to fix everything for every american, so that we can save america for the future.
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thyme4change
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Post by thyme4change on May 19, 2011 11:32:51 GMT -5
Can you show your math on this?
I can't get to a way that he would pay more than 50% taxes, unless you are including sales tax and gas tax. The top bracket is 35% and Michigan's state income tax is like 5% or something - so that is less than $800k in taxes.
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runewell
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Post by runewell on May 19, 2011 11:47:06 GMT -5
"I am not going to sit and debate the ethics of this," Wilson said. "But from his standpoint, he did what he was supposed to do -- he informed the state, and the state said he could keep using the card. The problem is with the state."
He actually informed the state, and the state told him to keep up with it because of the laws.
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midjd
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Post by midjd on May 19, 2011 12:04:40 GMT -5
Can you show your math on this? I can't get to a way that he would pay more than 50% taxes, unless you are including sales tax and gas tax. The top bracket is 35% and Michigan's state income tax is like 5% or something - so that is less than $800k in taxes. I thought there was a post in the other thread on the subject where the recipient said he paid $1M in taxes. If not, my math is probably way off - but still, $800K is more than most earners will pay over the course of a lifetime.
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april47
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Post by april47 on May 19, 2011 12:16:57 GMT -5
You can't go by how much taxes he paid. With that mindset the richer you are and the more taxes you pay then the more foodstamps you get. Donald Trump and Bill Gates could get them because of the bundle they pay in. Food stamps are to help the needy buy food. If you have a couple milllion then you are not needy. I hope that state fills that loophole soon.
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Post by maui1 on May 19, 2011 12:21:27 GMT -5
I hope that state fills that loophole soon.
now filling holes, maybe the state can do. they should be experts in this area of endeavor, as they are very good and creating them, so they must be able to fill them, or so you would think.
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midjd
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Post by midjd on May 19, 2011 12:22:49 GMT -5
I agree that the loophole should be filled. I'm just saying that the people wishing death and torture upon him (a little extreme, to quote Archie) seem to be missing the fact that he has paid quite a bit in taxes. Also the fact that he informed the state - as he was supposed to do - and the state told him to keep using the card.
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tloonya
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Post by tloonya on May 19, 2011 14:27:59 GMT -5
How many threads are we going to have about this story? Of course I won't be able to answer that, as I can't look into the future (unfortunately). So I take it that this topic was covered before (haven't seen it), or did I misinterpret your nice (but not very clear) reply? I had not seen this thread as well. So Dark Honor just wants to show you ONE MORE TIME that 'honor' is the word that should be removed from his handle...and changed into PAIN!
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Sum Dum Gai
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Post by Sum Dum Gai on May 19, 2011 15:03:27 GMT -5
I would but Dark Pain sounds like the name a cheesy villain from a bad video game or something. Sorry.
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midjd
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Post by midjd on May 19, 2011 15:05:31 GMT -5
Reminds me of T-Pain... you could be D-Pain!
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