Quote:
Originally Posted by Baron Vo Mandor
On the other end of the stick the 2000 players(being generous here) that make money get taxed........
Does this mean that the 200,000 players that have lost money get back as its now tax deductible?
Cunts cant have there cake and eat it too?
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lolz.. This is so wrong it isn't funny. Only those being taxed on their winnings would be eligible for the deduction on losses - and how many will continue playing professionally with consecutive losing years?
You should pay tax on your personal income. The people playing poker for their sole source of income should clearly be playing tax; it's just a matter of enforcement and recognition which is the real problem. Identifying recreational versus business play is such a grey area for the majority that they're doing pros a favour by letting it go.