SBBC: Diablo Sandwich and a Dr. Pepper

[therealdope]

Respect for this hero.

Kids need to see this. Their 80s movie experience is missing Die Hard, Vision Quest, Predator and Sixteen Candles.

 

[senri]

Well we knew you wouldnt show up yourself lmao!

Settle down now Mr PUO... I see you are still in jubilation over the consumption of Mr Rigo...

 

[senri]

Kids need to see this. Their 80s movie experience is missing Die Hard, Vision Quest, Predator and Sixteen Candles.

His smile is inviting...

 

[phillys-finest]

That catch was amazing.

 

[Bunk Moreland]

you're right, the creator of the plush toy didn't make thousands.....he became a billionaire off the damn things. his name was Ty Warner.

"At one point in the late 1990s, a $5 toy mass-produced in China became such a big craze that people - mostly adults - paid thousands of dollars to collect them. But only a few years after Beanie Babies made their creator a billionaire, the stuffed animals became virtually worthless."

notice a trend here? I do.

That dude got brought up on tax evasion I believe. He didn’t do any time but paid a fine. Fine was small because he gave a lot of his money to charity. Such bullshit IMO.

Edit: here we go.
http://caselaw.findlaw.com/us-7th-circuit/1707524.html

another reason it may catch on, is AFAIK there's no penalty or fee for a transaction, or it's like a fraction of a penny to send/transfer bitcoin through apps.

Granted i assume it makes it harder for tax purposes, are they only taxing the selling of bitcoins as capitol gains right now? or income? and how would they even know if you don't tell the IRS?

https://www.irs.gov/newsroom/irs-virtual-currency-guidance

http://fortune.com/2017/11/29/irs-coinbase/

 

[Almighty Angus]

IS that the place with the people mover monorail that connects to IUPUI med ctr?

Idk lmao

 

[therealdope]

Idk lmao

Does this look familiar?

 

[PolishHeadlock]

i always thought it was stupid that lottery and gambling winnings get taxed

Why?

 

[Almighty Angus]

Does this look familiar?

No. Mainly because idk the area and I stare at GPS whole time.

3 big buildings near pacers arena

 

[therealdope]

Why?

Probably because lottery winnings aren't taxed in Canada.

 

[therealdope]

No. Mainly because idk the area and I stare at GPS whole time.

3 big buildings near pacers arena

Ya, I googled it -- it's a different place. The monorail connected Clarian health to IUPUI med ctr.

 

[PolishHeadlock]

Probably because lottery winnings aren't taxed in Canada.

Interesting.

 

[PUO3]

Settle down now Mr PUO... I see you are still in jubilation over the consumption of Mr Rigo...

That shit rustled my jimmies. I wanted the flesh to be tender for the tasting.

 

[wlu.29]

Why?

It's not income, dividends, interest or capital gains

 

[PolishHeadlock]

It's not income, dividends, interest or capital gains

Of course it's income. It's gambling income.

Why would you treat treat it more favorably than income from labor or investments?

 

[therealdope]

It's not income, dividends, interest or capital gains

It is a capital gain of sorts. I mean it's capital, and you gained it.

You have to remember that most of the posters here are in the US, a country that has a death tax. So any time something is mentioned as being tax exempt they are shocked --- unless it was the result of special interest lobbying.

 

[wlu.29]

Of course it's income. It's gambling income.

Why would you treat treat it more favorably than income from labor or investments?

Do you get to write off gambling losses?

 

[PolishHeadlock]

Do you get to write off gambling losses?

Yes against gambling winnings

 

[PolishHeadlock]

It is a capital gain of sorts. I mean it's capital, and you gained it.

You have to remember that most of the posters here are in the US, a country that has a death tax. So any time something is mentioned as being tax exempt they are shocked --- unless it was the result of special interest lobbying.

There is no estate tax in Canada?

 

[therealdope]

Of course it's income. It's gambling income.

Why would you treat treat it more favorably than income from labor or investments?

Because in Ontario (where Wbu is) the gov't runs lotteries, slots, video terminals and tracks while casinos are taxed to shit.

I feel like a UN envoy here.