FRANKLIN COUNTY REPUBLICAN PARTY
101 WEST NASH STREET
LOUISBURG, NORTH CAROLINA 27549
(919) 496-1469
www.FranklinNCGOP.com

April 5, 2006
 

Edwards Encourages Tax Deduction for Lottery

The following letter to the editor appeared in the April 5 Franklin Times:

Lottery: another tax

Dear Editor:

I encourage everyone to hold onto their losing lottery tickets and make a tax deduction from their state income taxes. After all, it's called the North Carolina Education Lottery which is a contribution towards education.

Let's say you blow $1,000 this year in losing lottery tickets and also owe $1,000 in income taxes.

You turn in your losing tickets and owe nothing more to the government since they already have your $1,000.

This will even encourage those who try to avoid paying income taxes to buy lottery tickets.

If you buy more lottery tickets than what you owe in taxes, the government simply keeps the difference.

And for those of you who say the lottery isn't a tax, please don't turn in your losing tickets for a tax deduction.

That would be hypocritical, now wouldn't it?

John Edwards
Louisburg

(EDITOR'S NOTE: This does not constitute tax instruction from a professional or authorized agency nor the state Department of Revenue.)

John Edwards is the second vice chairman of the Franklin County Republican Party.