Re: How will part-time players survive a regulated poker site?
You are right that regulated poker and tax law will cause major headaches. For example if someone in the great Commonwealth of Massachusetts (where losses are not deductible) wins $10,000 on winning days, but loses $12,000 on losing days, the Commonwealth still wants it's $500 ($10,000 * 5% tax rate) even though that person lost money playing poker.
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