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Old 10-29-2007, 09:51 PM
Statutory Statutory is offline
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Join Date: Sep 2006
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Posts: 434
Default Re: BarryG - Online Poker should be legal in 6 months

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legalization = taxation...your 20% ROI becomes -10% ROI when a 30% tax is initiated by THE WOLF IN SHEEPS CLOTHING BARNEY FRANK....gg online poker

[/ QUOTE ]

Gorilla Math much?


Poker income is already taxed. If you don't pay you are evading taxes.

Your 30% Roi would become a post tax 20% ROI just like it should be now.

The additional tax will be on the rake and have no effect on the player. (unless the rake increases, which I doubt)
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