Isn't the tax on the Korean Lotto absolutely insane???
Machine translated
South Korea follows the principle of taxation based on substance under the Framework Act on National Taxes.
The Lotto itself is a game where the state starts by taking half of the total pool.
And then they come back with a spoon, ready to snatch another 1/3 of the winnings.
I honestly think this country has gone completely insane.
Fine, even if we assume I'll never win the Lotto anyway,
why is everyone staying quiet about something so nonsensical???
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