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View Poll Results: Who is in the more wrong here?
Anacardo mega wrong 3 2.31%
Anacardo semi wrong 6 4.62%
meh, can't tell 31 23.85%
Kitty semi wrong 40 30.77%
kitty mega wrong. 50 38.46%
Voters: 130. You may not vote on this poll

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  #1721  
Old 04-21-2007, 09:03 PM
jafeather jafeather is offline
Senior Member
 
Join Date: May 2006
Posts: 1,391
Default Re: Today I became a pro.

[ QUOTE ]
[ QUOTE ]
"Today, I did it. I played PLO with no sngs. I made $168. My total for the week is $358. I have made $1058 since I became a pro. That is practically enough to live on for a month. The rest of the month will be extra money"

Someone is forgetting about things such as taxes and other non-direct expenses, methinks.

Good luck. How does the grand compare to driving a cab (in Wichita?) for two weeks?

[/ QUOTE ]

Everybody keeps mentioning taxes. Not sure which countries you guys live in, but Wichita happens to be in the United States. In the United States money is taken from the rich and given to the poor. So until you make enough to overcome the standard deduction, taxes really isn't an issue.

He can worry about taxes when he wins the Sunday Million.

[/ QUOTE ]

I'm sure many readers here would disagree with you. But that's a topic for another thread. It's also moot; if wickss maintains anywhere even close to his current win rate for the duration, he will be well into the income level for paying into the system.
  #1722  
Old 04-21-2007, 09:27 PM
Shadowrun Shadowrun is offline
Senior Member
 
Join Date: Aug 2006
Posts: 2,089
Default Re: Today I became a pro.

1k a month = 12k a year

you pay income tax on 12k?
  #1723  
Old 04-21-2007, 09:54 PM
terrellk11 terrellk11 is offline
Senior Member
 
Join Date: Apr 2006
Posts: 1,134
Default Re: Today I became a pro.

[ QUOTE ]
1k a month = 12k a year

you pay income tax on 12k?

[/ QUOTE ]

1k in 2 weeks = 26k

Assuming he doesn't move up in stakes as his bankroll continues to increase.
  #1724  
Old 04-21-2007, 10:12 PM
pokerstudAA pokerstudAA is offline
Senior Member
 
Join Date: Jun 2004
Location: Lone Star State
Posts: 1,597
Default Re: Today I became a pro.

[ QUOTE ]
1k in 2 weeks = 26k

Assuming he doesn't win next week's Sunday Millions

[/ QUOTE ]

FYP.
  #1725  
Old 04-21-2007, 11:15 PM
sethypooh21 sethypooh21 is offline
Senior Member
 
Join Date: Aug 2004
Location: World Series GOGOGOGO
Posts: 5,757
Default Re: Today I became a pro.

[ QUOTE ]
[ QUOTE ]
1k in 2 weeks = 26k

Assuming he doesn't win next week's Sunday Millions

[/ QUOTE ]

FYP.

[/ QUOTE ]

Let us gogogogo
  #1726  
Old 04-22-2007, 02:20 AM
xxx xxx is offline
Senior Member
 
Join Date: Oct 2003
Location: xxx
Posts: 780
Default Re: Today I became a pro.

[ QUOTE ]
1k a month = 12k a year

you pay income tax on 12k?

[/ QUOTE ]

Yes. BTW, many full time workers in the US make roughly this.
  #1727  
Old 04-22-2007, 02:38 AM
JustinWilliams JustinWilliams is offline
Senior Member
 
Join Date: Oct 2006
Location: Aussie oi oi
Posts: 544
Default Re: Today I became a pro.

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
1k in 2 weeks = 26k

Assuming he doesn't win next week's Sunday Millions

[/ QUOTE ]

FYP.

[/ QUOTE ]

Let us gogogogo

[/ QUOTE ]

QFT
  #1728  
Old 04-22-2007, 02:41 AM
PattdownManiac PattdownManiac is offline
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Join Date: Dec 2006
Location: Punking Fools at Wendys?
Posts: 1,003
Default Re: Today I became a pro.

lol @ the federal income tax taking from the rich and giving to the poor. all income tax goes towards is getting lost in adjustments.
  #1729  
Old 04-22-2007, 02:46 AM
Shadowrun Shadowrun is offline
Senior Member
 
Join Date: Aug 2006
Posts: 2,089
Default Re: Today I became a pro.

[ QUOTE ]
[ QUOTE ]
1k a month = 12k a year

you pay income tax on 12k?

[/ QUOTE ]

Yes. BTW, many full time workers in the US make roughly this.

[/ QUOTE ]

wickass get married then

"$16,900 as married couples filing jointly and both husband and wife are younger than 65."

even better marry some one 65+ and you will really live like a king

"$17,900 for married couples filing jointly where one spouse is age 65 or older"

http://money.aol.com/bankrate/taxes/...18125209990001

P.S. I am not arguing with your post you are right for single people, just thought it was an interesting article.
  #1730  
Old 04-22-2007, 06:27 AM
TheNoodleMan TheNoodleMan is offline
Senior Member
 
Join Date: Jan 2005
Location: Not using the back button
Posts: 6,873
Default Re: Today I became a pro.

[ QUOTE ]
[ QUOTE ]
1k a month = 12k a year

you pay income tax on 12k?

[/ QUOTE ]

Yes. BTW, many full time workers in the US make roughly this.

[/ QUOTE ]

Depends on your definition of many. according to the economic policy institute only 4% of the current workforce earns less than $7.25 an hour, and roughly half of them are full time workers.

Lets not kid ourselves, wickss goal put him just slightly above the poverty line.
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