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Old 11-15-2011, 01:09 PM
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tector tector is offline
Sheepshead Bay
 
Join Date: May 2007
Location: South Florida
Posts: 1,053
Default Gambling and taxes

This country is apparently among the more stupid places on earth on this issue (among others).

On BC Saturday I was at the Wynn, sitting next to a Canadian who was appalled at the tax routine we have to go through (yes, I actually had a couple of IRS tickets). In Canada, apparently, there is NO tax on gambling winnings. Then, today, I read this about the WSOP:

http://www.taxabletalk.com/2011/11/0...ries-of-poker/
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