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Old 09-19-2008, 03:15 PM
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SCUDSBROTHER SCUDSBROTHER is offline
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Join Date: May 2006
Location: L.A.
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Quote:
Originally Posted by DogsUp
Dont get me wrong....I do not think there should be taxes on gambling winngs from a pool that is produced by post taxed money. But it is going to be taxed and I feel that it should be taken up front.

They may not get it...Obama is going to reduce taxes on 95% of the people working--joke.
Well, I don't agree with taking it when you hit. If they want to note it(like if ya hit for $1000 on a p3,) that's one thing, but a lot of people get this money back. So, why should they get to take that money and make interest off it? You're saying people aren't disciplined enough to avoid gambling the money away? It's a good point, but aren't your taxes due the following year. Why pay them early(especially when you are often gunna get the money back anyways.)
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