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March 28, 2008

The Cat's Meow - 03/28/08: Scams

by Ferdinand T Cat
It's hard to imagine a sweeter racket than the government lottery. People place their after-tax income into a pool from which the government removes one-half. Then, a few lucky winners get the remaining funds, at which point one-third is immediately taxed away by the government.

Respectfully submitted,

Ferdinand T. Cat


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