We know they love to tax the rich, how about the newly rich?
Written by Steve · Filed Under Politics
May 21, 2008 | Email this post
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Loading ...Are we sure this isn’t happening in Aberdeen, MD instead of Amelia, OH?
AMELIA - Mayor Leroy Ellington said he doesn’t know who bought a lottery ticket worth up to $196 million last week at Main Street Wine & Spirits, but several residents have asked him whether this Clermont County village could share in the winnings.
The short answer: Maybe.
Residents will air their views on a proposal to implement a 1 percent earnings tax during a 7 p.m. meeting today at the Amelia public library, 58 Maple Ave.
Officials had figured such a tax could raise about $560,000 a year for the village of about 4,000 residents. A 1 percent tax on the lottery jackpot alone could yield a total of more than $1 million for Amelia, Village Administrator Mark Menz said.
He advised Village Council members Monday that the tax would have to be implemented before a claim was filed with the state by whoever has the ticket with the winning Mega Millions combination from Friday’s draw.
I came across your blog on Technorati. Nice site layout. I will stop by and read more soon.
Mike Harmon
[...] Beat the Market with a Contrarian Strategy | Don’t Be a Fool wrote an interesting post today onHere’s a quick excerpt Are we sure this isn’t happening in Aberdeen, MD instead of Amelia, OH? From the Cincinnati Enquirer: AMELIA - Mayor Leroy Ellington said he doesn’t know who bought a lottery ticket worth up to $196 million last week at Main Street Wine & Spirits, but several residents have asked him whether this Clermont County village could share in the winnings. The short answer: Maybe. Residents will air their views on a proposal to implement a 1 percent earnings tax during a 7 p.m. meeting today at the [...]