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Old 09-12-2007, 12:29 PM
BuddyQ BuddyQ is offline
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Join Date: Aug 2006
Posts: 461
Default Re: Gracz rips police after bust



[/ QUOTE ]Yeah it's great that the government considers it a game of chance, but at the same time taxes it as earned income. Doesn't the term 'earned' have an implication of skill?

[/ QUOTE ]

Income tax is not limited to 'earned' income.
Income 'from whatever source derived' is subject to the tax, yes, even income resulting from a crime.
Al Capone went to Alcatraz for tax evasion.
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