New Tax Law - Witholding

[adanthar]

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I'm curious to whether this will spawn a new breed of low buy-in B&M tournaments, where the top N finishers all are paid $4,999.00.

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it probably will.

and yes, this will be a real problem for backing/makeup purposes if you are part of a regular deal with a degen. now mike matusow only gets 3/4 of his win on the spot - not good.

most people on this forum will be fine, but yeah, it's just that little bit less of an incentive to play live in the States. whatever, other than the WSOP, time to just win a bunch more sats to the Bahamas.