Paying taxes on winnings from offshore books

[JohnnyDeMarco]

PSL, 28% of nothing is nothing.

[Cons]

Reno, I fully agree with you my man. Governments will steal your money with no due cause. Moreover, people will come to the government's defence, claiming that you and I should pay all our taxes just as the 'law' says we should.

The whole thing is a joke. The US gov't is a fascist regime that has already turned into a totalitarian police-state. Trust me, I lived there for two years. I have never seen people live under such oppression as I have seen there. OK, it was Washington State, but it's still the same country nonetheless. I have lived in four countries thus far and the least freedom is enjoyed by those residing in the US. And gambling winnings are only the tip of the iceberg...

[reno]

Cons, you are so right. Furthermore, I don't believe income tax is even constitutional in this country. Also, there was no income tax in the USA prior to some time in the 20th century (Wasn't it instituted as a supposed "temporary" measure to raise money for World War 1?) And yet, brainwashed idiots who buy into the patriotic propaganda feel it's their duty to pay taxes.

When I was a kid growing up in SoCal, California sales tax was 4.0%. Now, it is 8.0%. It never ends. It just gets worse and worse. The government takes more and more of your money and gives you less and less freedom.

[Scott Landau]

Originally posted by JohnnyDeMarco:
PSL, 28% of nothing is nothing.

Johnny, Are you saying PSL isn't among that rare 1/2%? LOL