‘Big, Beautiful Bill’ potentially very bad for poker (players) in the US + STAY ON TOPIC!!
This makes Black Friday look like a children’s birthday party.
There’s no chance this passes right? It would
These politicians slid this into the bill knowing people hate gambling. How can they come up with this part of the bill thinking this was a good idea? I am angry about this bill.
I am having buyers remorse as being a trump supporter. My former girlfriend tried to get me to vote for Kamala but I didn't want to. She told me "vote for Kamala do it for your niece". She was trying to manipulate my vote. She then stone walled me and withheld sex and communication with me based on me not wanting to vote for Kamala. If you voted for Trump you can't win because people will dislike you and hold it against you. She called me Trump Lover and a fool pretty much.
fine, I'll just post it again:It's sad that the racist, fascist, sexist dumbasses who populate 2+2 only care about this bill because it's going to affect their bottom line. It wasn't the opening of an American concentration camp, it wasn't that we elected a criminal President, it wasn't that we're ripping health care out of the hands of people who can't afford it, it wasn't tha
I mean i dislike Trump as much as the next guy but american concentration camps are nothing new.
I mean what else is a for profit prison complex paired with a deeply racist legal system.
If you dont want to count those there isa t least no way you ca convicne me Guantanamo is anything but a concentration camp.
why do those latinos come to USA and do crime . Is it not the land of opportunity make tortillas or something . Same thing Ive been wondering with the Africans and mid-easterners in Euro that only seem to know how to rape and sell drugs. Then the vast majority of SE/Asians filipino / vietnamese / chinese just do a bunch of work and adapt. not all but very different rates by statistics . Something is wrong with some cultures but in todays "sensitive" (censored) world that can not be discussed either, ...so everyone fed up votes for racists that just prefer to cut away all immigration lol. Real Americans are the native Americans aka. American Indians Donald's family is also Euro heritage...
"I didn't think the face-eating leopard would eat MY face," says all the dumbass, fascist, racist poker players on 2+2 who voted for Trump.Because it wasn't enough to call your Congressmen over ICE kidnappings, people losing their health care, billionaires getting tax breaks while poor people's taxes go UP, a criminal President, a compromised Supreme Court, concentration camps
You voted for Kamala who is incompetent right? I am not a racist or a dumbass at all I voted for the superior candidate. Joe Biden got old so the Democrat party had Kamala there who wasn't the answer at all. What was your solution in this from the beginning? You want to divide the United States based on what? Hilary Clinton was a demon so I voted for Trump vs her as well. Why would you vote for Kamala Harris?
LOL he willingly posted that 😃
The sad thing is I am having buyers remorse with Trump and my girlfriend dumped me because of it. She stone walled me along with not having sex with me. How can things get better on these basis? The divide that is happening is real because people hate Trump which I understand. It shouldn't be an end all be all type thinking should it? I just don't understand why people get so angry when I say what I feel? What would be better if Kamala was President?
First they came for the immigrants. Then disabled people. Then trans people. Then the working classes. Then government workers. Then the Palestinians and the Iranians.
But I’ll be damned if they touch our poker players.
seems like professional tournament poker or any form of online grinding will be untenable. Only reason live cash players might be ok is because they likely don't report correctly. Definitely sad, and another example of how our legislators are terrible. Still a godsend that we didn't elect a cackling ****** with no business running anything let along being POTUS. Anyone upset sh
Interesting to see an actual delusional ****** in the wild. Like you're not trolling. Yes, obviously it is the fault of the OTHER party what THIS party is doing. Next time you think about talking politics, go watch peppa pig instead.
As far as being a American from California what is the solution? What can I do to make an effort to help poker and the community? I am going to make some phone calls today or Monday to say how I feel. That is all I can do really. I don't have any power or say in the matter. I run on logic and reasoning not sarcasms and banter. How can we battle this as a community is what I am wondering.
What's the consensus on the impact of this bill for professionals? Seems like a lot of conflicting or at least confusing information flying around. I saw someone mention online cash pros (in addition to tournament players) won't be able to net losses anymore, and then there was the post about part 165 not applying to pros.
The fact someone took the time to put this change in the bill is crazy. It's also absolutely ridiculous that a professional player wouldn't be able to net their losses ... what other business or profession isn't allowed to net profits and losses? Ridiculous.
What's the consensus on the impact of this bill for professionals? Seems like a lot of conflicting or at least confusing information flying around. I saw someone mention online cash pros (in addition to tournament players) won't be able to net losses anymore, and then there was the post about part 165 not applying to pros. The fact someone took the time to put this change in th
It is quite absurd. I was at a bar last night and people (who don't play poker) were asking me about it, and I have found I can cut through the muck with a simple example: "Say you enter 5 tournaments at $10K apiece, and you cash in one of them for $50K. So, $50K in, $50K out and you net exactly zero dollars. Under this law, you now owe the government taxes on $5K that you never received."
Poker players and gamblers wouldn't be complaining in this thread about GOP Rep Crapo.
The president wouldn't have a meme coin.
The president wouldn't have accepted a plane from Qatar.
The national guard and military wouldn't be attacking Americans in America.
We wouldn't have threatened to annex: Canada, Panama, Greenland.
There wouldn't be tariffs.
The dollar would be worth 10% more.
We wouldn't be giving the richest tax breaks.
A lot of government functions would still exist.
...
A person could really go on forever.
Here's an interesting anecdote: Did you know in the white house there's a wall with the previous first ladies? Trump has replaced Hillary's portrait with a poster of himself.
You seem to lack the ability to comprehend reality. A Mormon from Idaho added crap to a **** burger that the guy you voted for signed into law. Maybe you should abstain from entertainment media for a few months and work on controlling your ego?
It's always funny to see how little people understand about tax law. So many people, including Phil Galfond, saying people will just move to "offshore" sites. This makes little to no sense.
First, gambling winnings on offshore sites are taxable, just the same as regulated sites. You are still technically required to report the income. So you re not avoiding having to pay tax.
Second, if you do chose to underreport gambling income on your tax return (which the vast majority of gamblers already do), there is no difference in betting on regulated vs offshore sites (EXCEPT FOR POKER TOURNAMENTS). Regulated sportsbooks and online poker rooms (cash games) do not report to the IRS. You are not gaining any advantage playing offshore. Either way, income is not being reported to the IRS, and it's up to you to accurately report, or not report, your income.
Online poker tournaments are the exception, where regulated sites do report tournament winnings over $5K.
It is quite absurd. I was at a bar last night and people (who don't play poker) were asking me about it, and I have found I can cut through the muck with a simple example: "Say you enter 5 tournaments at $10K apiece, and you cash in one of them for $50K. So, $50K in, $50K out and you net exactly zero dollars. Under this law, you now owe the government taxes on $5K that you
This part makes sense, and I understand that, I'm confused why people are saying cash games are different though (assuming they're not saying to go under the radar).
What if you play from abroad? Wouldn't the foreign earned income exclusion take care of this problem, since the first $120K+ is not taxed? I know you still have to pay payroll (ss+medicare) on foreign income, though.
I see a growing Independent Party awakening...?
You voted for Kamala who is incompetent right? I am not a racist or a dumbass at all I voted for the superior candidate. Joe Biden got old so the Democrat party had Kamala there who wasn't the answer at all. What was your solution in this from the beginning? You want to divide the United States based on what? Hilary Clinton was a demon so I voted for Trump vs her as well.
Wow, americans truly are the dumbest ****ing people.
Let's see, short list of **** Trump's done so far.
Crypto pump and dumps.
Accepting bribes (plane).
Giving Elon Musk access to government data.
Huge layoffs of governmental workers.
Pushed authoritarian power consolidation.
Pulled out of Paris climate agreement.
Siccing ICE goons to abduct people, illegal immigrants and US citizens.
Pardon Jan 6 rioters.
Revoke security clearance for "enemies".
This list could be much longer if we wanted to list every single thing, but there are perhaps the grossest things so far.
If you think any of these things are ok, I recommend you first go **** yourself. Then I recommend you watch a documentary on democracy and fascism. You could also read a book, but you seem like an idiot, so that might be asking too much from you.
