
David Hess
@AudacityOfHoops
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Following
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Dev & analyst @TeamRankings @PoolGenius @BetIQ_ / expert ball-knower per @kenpomeroy / NCAAB / NFL / garbage-loving chaos goblin / music / beer / joke ruiner
San Diego
Joined March 2010
Give him Reggie's RT @darrenrovell If this goes to 2OT, Gus might need a quick larynx replacement.
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RT @barstoolsports: Watching @BarstoolGruden crush the Immaculate Grid is like watching Picasso paint.
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RT @RotoSurgeon: The Athletic released their 2025 potential breakout candidates from each NFL team’s writer yesterday. Here are the names f….
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RT @fatstevebuscemi: sorry - not “invented” (before some douchebag has thoughts on that) but chosen as the end-all be-all telephone greetin….
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RT @repdinatitus: On Monday I’m introducing the FAIR BET Act, the Fair Accounting for Income Realized from Betting Earnings Taxation Act, t….
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RT @blenderhd: I’m baffled that many think this proposed gambling tax change doesn’t affect the vast recreational base because “most people….
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This whole gambling tax issue comes down to this, for me. It's more than a legal/wonky issue. It's a moral/constituitional one. There should not be a way for the government to levy taxes on your *losses* as if they were *profits*.
@kellyinvegas @PropBetGuy There should be 0 people in this country paying tax on phantom income. There is no other position to take on this.
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RT @RufusPeabody: It hits the losers too!. Example:.-wins: $200,000.-losses: $210,000.-net: -$10,000. But with this new provision, only 90%….
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RT @a_kane47: No one serious about betting is going to bet anymore, or at least not going to report that they do. Seriously, WTF is happen….
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Trey Benson was the biggest suprirse on these lists, for me.
Round 13.Tank Bigsby: 2nd for Robust RB vs. 5th for 0RB.Trey Benson: 5th for Robust RB vs 1st for 0RB. Round 15.Tyler Allgeier: 10th for Robust RB vs. 6th for 0RB. Round 16.Nick Chubb: 5th for Robust RB vs. 12th for 0RB.Will Shipley: 9th for Robust RB vs. 1st for 0RB.
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RT @capjack2000: Where are the operators? Where are the industry lobbyists? Where is the outrage?
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BTW I explained this in more detail here and here:.
@CommonSensei22 @PhilGalfond They're not losses in the traditional sense. If I win $10 on one bet and lose $10 on another, that's a net of $0. The tax code treats it as $10 of earnings and $10 of losses, and currently lets you deduct losses up to the amount you won. So you pay taxes on net positive winnings.
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can SoMeBoDY ePlaiN To Me whY GaMbLiNG LOssES ShOULd be DeDuctaBLe.
If I sell a stocks one year for a $10,000 gain then sell others for a $10,000 loss should I owe tax on $10,000? . These are the types of moronic takes I’m seeing in the replies to some of these gambling tax posts. And don’t get me started on gross revenue - business expenses.
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RT @BartHanson: If I sell a stocks one year for a $10,000 gain then sell others for a $10,000 loss should I owe tax on $10,000? . These are….
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RT @NateSilver538: RT for awareness. Tax code is already punitive to poker players (you get taxed on winning years but can't write off losi….
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