Thread: Taboo Question?
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Old 08-31-2004, 12:10 PM
MarkD MarkD is offline
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Join Date: Jan 2003
Posts: 492
Default Re: Taboo Question?

I live in Canada so have nothing constructive to add but I do have a question.

[ QUOTE ]
I have to do much better than breakeven to actually breakeven after factoring in taxes.

[/ QUOTE ]

How is this possible? Don't you just get taxed on overall winnings? So if you make 10k and get taxed at 30% you still walk away with 7k. If you make 1k and get taxed at 30% you still make 700. I must be missing something because the quoted statement doesn't compute with me.
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