Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > Limit Texas Hold'em > Micro-Limits
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #1  
Old 04-15-2005, 05:44 PM
tinhat tinhat is offline
Senior Member
 
Join Date: Apr 2005
Location: white courtesy phone
Posts: 288
Default income taxes, from a gambling standpoint

I have a tax amount OWED of $750. I guesstimate penalty/interest for not reporting of something like $200 maybe.

I have no real reads on my opponent (TAA I imagine, where "A" doesn't stand for "aggressive") but they pay very little attention at the table so I'm probably flying under the radar. My outs if called are 1) hiring an attorney, 2) negotiating lower penalty/interest, 3) leaving the country.

So from a gambling standpoint, is risking the $200 against the potential $750 saved a sound betting proposition?

Mike (which isn't my real name)
Reply With Quote
  #2  
Old 04-15-2005, 05:55 PM
tiltaholic tiltaholic is offline
Junior Member
 
Join Date: Mar 2004
Posts: 7
Default Re: income taxes, from a gambling standpoint

Plus and minus EV does not always apply to life
Reply With Quote
  #3  
Old 04-15-2005, 06:09 PM
btspider btspider is offline
Member
 
Join Date: Mar 2004
Posts: 39
Default Re: income taxes, from a gambling standpoint

yeah, screw funding for schools, roads, and everything else.
Reply With Quote
  #4  
Old 04-15-2005, 06:12 PM
wyoak wyoak is offline
Senior Member
 
Join Date: Feb 2005
Location: I\'m like the turtle
Posts: 187
Default Re: income taxes, from a gambling standpoint

uhm...isn't intentionally underreporting income fraud?
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 06:45 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.