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  #1  
Old 08-31-2007, 03:17 PM
ImNotSoGood ImNotSoGood is offline
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Default LOL Taxaments (This is terrible...)

http://www.cardplayer.com/poker-news...ament-winnings

"Poker is not a skillful game"

Wow...
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  #2  
Old 08-31-2007, 03:24 PM
AntonHeat AntonHeat is offline
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Default Re: LOL Taxaments (This is terrible...)

wow that's [censored] ing bad
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  #3  
Old 08-31-2007, 03:25 PM
technologic technologic is offline
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Location: watching mussina sort of pwn
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Default Re: LOL Taxaments (This is terrible...)

well, as long as that withholding means that it goes towards credits later (ie, you pay only 10% more for filing if you owed 35% total for tax) then it doesn't really change much
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  #4  
Old 08-31-2007, 03:26 PM
deluz35 deluz35 is offline
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Location: Variance
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Default Re: LOL Taxaments (This is terrible...)

I am not laughing. Protest Congress by never voting for another Republican or Democrat again. And this goes way beyond poker. It is an all-out money grab and the ship is sinking...
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  #5  
Old 08-31-2007, 03:26 PM
realjaydub realjaydub is offline
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Default Re: LOL Taxaments (This is terrible...)

lol crookaments.
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  #6  
Old 08-31-2007, 03:31 PM
bottomset bottomset is offline
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Default Re: LOL Taxaments (This is terrible...)

[ QUOTE ]
http://www.cardplayer.com/poker-news...ament-winnings

"Tournament Poker is not a skillful game"

Wow...

[/ QUOTE ]

fyp
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  #7  
Old 08-31-2007, 03:34 PM
Franchise 60 Franchise 60 is offline
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Default Re: LOL Taxaments (This is terrible...)

I have a question. If you win 1 million in a tourney, have 250k taken out, then go on to lose like 300 or 400k in tourney buyins the rest of the year, do you get refunded some of that money back?
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  #8  
Old 08-31-2007, 03:37 PM
traxamillion traxamillion is offline
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Join Date: Mar 2007
Posts: 471
Default Re: LOL Taxaments (This is terrible...)

I am never going to pay taxes in my life. Also. If you have like 5 million on full tilt but haven't cashed it out can you renounce your citizenship in order to not pay taxes on it? I know some rich ppl do this in other areas.
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  #9  
Old 08-31-2007, 03:37 PM
rafiki rafiki is offline
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Default Re: LOL Taxaments (This is terrible...)

wow, I'm glad to be Canadian.
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  #10  
Old 08-31-2007, 03:40 PM
N 82 50 24 N 82 50 24 is offline
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Default Re: LOL Taxaments (This is terrible...)

[ QUOTE ]
I am never going to pay taxes in my life. Also. If you have like 5 million on full tilt but haven't cashed it out can you renounce your citizenship in order to not pay taxes on it? I know some rich ppl do this in other areas.

[/ QUOTE ]
Where do you plan on living then? Also, I believe there are laws against doing something like this. In addition, if it's already earned, then it really doesn't matter anyway.
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