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Originally Posted by SCUDSBROTHER
Actually it's triple taxation.
1) All the money going into pools has already been taxed.
2) They take money out of the pools, and give it to the state.
3) Tax people who do well on that day of racing.
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I agree with the notion that taxing gambling winnings is a crock. However, the discussion is when not if there should be a tax or not. I do not think there should be one. But there is, and I feel it should be taken out at the time of winning.
09-19-2008, 02:49 PM
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