View Single Post
  #20  
Old 09-19-2008, 01:48 PM
DogsUp DogsUp is offline
Detroit Race Course
 
Join Date: May 2008
Location: Louisville
Posts: 285
Default

Quote:
Originally Posted by SCUDSBROTHER
All the money in the pools is money people have left over after taxes.
I don't understand the whole idea of taxing this money again. I guess they consider gambling to be a degenerate act, and that's why they penalize people when they make some money doing it. Do they do this in other countries?
It is considered additional income is how it is taxed. Sort of like an investment.
Reply With Quote