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Your new WSOP champ is a chump.

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#10

07-20-2005, 06:36 AM

Hyperion

Senior Member

Join Date: Jul 2005

Location: Melbourne, Australia

Posts: 219

Re: 30% Tax for Australians

Australia has a 47.5% top income tax rate which Joe will face if he's classified as a 'professional gambler.' Non professional gambling winnings attract no tax.

Taxman deals in on poker bounty

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