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  #1  
Old 07-25-06, 06:11 PM
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So you decide to visit Lou in Philidelphia or whereever he's from.
He takes you to this brand new underground poker club that just opened that night. Coincidently, it's run by the Philly Mafia.
You play in the $25/50 No limit game.
You lose $10k on the night.
At what point do you take down names and phone numbers?
The players won't give you their names, because they sure as heck aren't claiming the win.
If you report the club that you lost it at, the club is shut down, and you become very unpopular very quickly in Philidelphia.

So it just comes down to the fact that you can "TELL" the IRS that you lost it, but they won't believe you right?

If you are on the side that they will believe you because Lou said it happened, What's to stop you from winning $10k in that same game, but have Lou back up your story that you lost $10k?

Just a conspiracy theory, but Isn't that what the USA is all about? Taxes?.
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  #2  
Old 07-25-06, 08:37 PM
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Talking Poker Talking Poker is offline
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There is nothing to stop you from cheating on your taxes.... other than the fear of what happens to you if you get caught cheating on your taxes.

Well, that and moral obligation, etc...
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  #3  
Old 07-27-06, 08:46 PM
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add betfred
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  #4  
Old 07-28-06, 12:11 AM
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If anyone would like to use a Canadian citizen as a tax write-off, I would be more than happy to take a 10% cut off whatever amount you save on your taxes . PM me .
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  #5  
Old 07-28-06, 12:17 AM
Boobie Lover Boobie Lover is offline
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Want to join me in the 100K tourney at Bodog on Sunday? Oh wait...
  #6  
Old 07-28-06, 09:33 PM
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hope lives
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I like to get my money in when behind, that way I cant get drawn out
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