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Old 10-13-2005, 08:07 AM
Vavavoom Vavavoom is offline
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Join Date: Oct 2004
Location: London, UK
Posts: 34
Default Re: I need a plan to avoid paying taxes in full.

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then one of the tickets has a footprint on it.

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?

What kind of footprint could these tickets have? They don't take your name when you bet horses or buy lottery tickets.

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I had a neighbor who used to make a lot of money gambling. It was how he paid for his sept-annual cruises to Bermuda. To avoid paying taxes, he used to go to the track and collect losing tickets. He took those tickets, claimed them as gambling losses and didn't have to pay taxes on the money he had won gambling because apparently you can deduct gambling losses from gambling winnings.



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