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  #21  
Old 05-31-2007, 11:31 AM
luckyjimm luckyjimm is offline
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Default Re: Something I dont understand: How SBRUGBY withdraws money from FTP?

[ QUOTE ]
in b4 lock!


he uses wire transfers- anyone moving over 20k with FTP can

[/ QUOTE ]


So using wire transfer, how long will it take the high stakes players to deposit or withdraw money? Is it the same as a bank transfer where you have to wait almost a week?
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  #22  
Old 05-31-2007, 03:21 PM
kleath kleath is offline
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Default Re: Something I dont understand: How SBRUGBY withdraws money from FTP?

The IRS doesn't give a tish how you get your money, as long as they get their cut. Drug Dealers are supposedly able to list their profession with no recourse.
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  #23  
Old 05-31-2007, 03:39 PM
crazymoose crazymoose is offline
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Default Re: Something I dont understand: How SBRUGBY withdraws money from FTP?

Not only can they list their profession as "drug dealer" they get a business deduction for cost of goods sold.. although they can't take any of the other business deductions.
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  #24  
Old 05-31-2007, 03:48 PM
bkholdem bkholdem is offline
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Default Re: Something I dont understand: How SBRUGBY withdraws money from FTP?

This raises a question for me. How much is US citizenship acutally worth in $? Do people really prefer to pay $400,000 and up on gambling winnings rather than renounce citizenship and emmigrate to a country that does not tax gambling winnings?
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  #25  
Old 05-31-2007, 03:56 PM
DonkBluffer DonkBluffer is offline
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Default Re: Something I dont understand: How SBRUGBY withdraws money from FTP?

[ QUOTE ]
This raises a question for me. How much is US citizenship acutally worth in $? Do people really prefer to pay $400,000 and up on gambling winnings rather than renounce citizenship and emmigrate to a country that does not tax gambling winnings?

[/ QUOTE ]
I've thought about this. What if some of the bigger US winners would move to a country that doesn't tax poker winnings, even if just for a few years? They'd save hundreds of thousands of dollars.
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  #26  
Old 05-31-2007, 03:58 PM
PBJaxx PBJaxx is offline
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Default Re: Something I dont understand: How SBRUGBY withdraws money from FTP?

How exactly are they going to get citizenship in another country if all they are doing is playing online poker for a living?
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  #27  
Old 05-31-2007, 04:01 PM
KingDan KingDan is offline
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Default Re: Something I dont understand: How SBRUGBY withdraws money from FTP?

BK,

It's not so much living here,but the never allowed back that gets me to pay taxes.
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  #28  
Old 05-31-2007, 05:41 PM
MikeRice MikeRice is offline
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Default Re: Something I dont understand: How SBRUGBY withdraws money from FTP?

FTP Doug comes with a oversize Publishers Clearing house style check to his front door.
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  #29  
Old 06-07-2007, 11:00 PM
gamblar gamblar is offline
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Default Re: Something I dont understand: How SBRUGBY withdraws money from FTP?

[ QUOTE ]
FTP Doug comes with a oversize Publishers Clearing house style check to his front door.

[/ QUOTE ]

Please be true!
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  #30  
Old 06-08-2007, 04:37 AM
pepeman pepeman is offline
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Default Re: Something I dont understand: How SBRUGBY withdraws money from FTP?

[ QUOTE ]
How exactly are they going to get citizenship in another country if all they are doing is playing online poker for a living?

[/ QUOTE ]


Go to Nigeria.
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