Hawaii residents now taxed on Vegas winnings even if they lose

Comment #23

dingo — Wed, 05 Aug 2009 17:04:53 GMT

A Peanut brain politician

Comment #22

Rocket 455 — Sun, 02 Aug 2009 05:30:10 GMT

Well the powers that be are going to use these divisive issues every chance they get to keep the people divided and fighting amongst each other, instead of using our energies to stop the race to the bottom. A few leftists like me and a few conservatives understand this but the propaganda machine is so massive and has such strong control over the electorate that there's really nothing we can do but watch it go down.

I really wish McCain and Palin had won the election, don't ask me why, but th... [ More ]

Comment #21

TheGameGrl — Sun, 02 Aug 2009 04:08:56 GMT

Pardon, lets not make this a political party issue. Its an issue on taxation and how our current economy is affecting the state budgets. New Jersey and some northern states have started to tap into gaming as a source to create revenue.....thus create a tax and retro it! Brilliant! NOT

Comment #20

HaveABall — Sun, 02 Aug 2009 00:53:52 GMT

I don't understand this logic.

Please explain what would have happened if this Hawaiian Governor would have REFUSED to sign this unfair bill being PUSHED by the MASSIVE majority (of past two years) democratic party

Comment #19

tmcdill — Sat, 01 Aug 2009 03:47:01 GMT

While it's fun to put the blame on Democrats..Hawaii has a Republican governor that signed the bill....

Comment #18

ca-dreamin* — Sat, 01 Aug 2009 02:56:24 GMT

WOW! It's not bad enough that they go after a select few but retroactive to January? Nothing like after the fact. It's one thing knowing that whatever you win will be taxed with no offset but what about those who maybe have already lost more than they've won? Too bad sooo sad? LOL I wonder if the governor or Mr. Chong gamble in Vegas

Comment #17

dpoly1 — Sat, 01 Aug 2009 00:59:36 GMT

This is from the Knucklehead State Government that already tried a statewide universal health care system and had it fail !

We are no longer constituents - we are merely sources of income to the idiot politicians

Comment #16

OldSchoolPa — Fri, 31 Jul 2009 18:27:01 GMT

Well, I can finally say, I told you so! I was saying all throughout the election last year (Obama '08 ring any bells?) that it looks like too many people in this country had been drinking the Obama/Democrat Kool-Aid and doing something else that is not rated G to write here. Now people are waking up to the realization that we now have too many liberals calling the shots in Washington...and who is going to pay? You, me, and every other tax paying American citizen. I am certain that our legislator... [ More ]

Comment #15

time*treat — Fri, 31 Jul 2009 16:16:53 GMT

Are we going to put everyone who can't make it in prison?

That would be the Civilian Inmate Labor Program.

What would that cost the taxpayers?

It claims to be running at about $5 billion, a year -- a rounding error, in gov't accounting.

Comment #14

Rocket 455 — Fri, 31 Jul 2009 16:05:22 GMT

Chong, D-49th (Mauna- wili, Olomana, Enchanted Lake), introduced the measure as a way to bring in additional revenue at a time when the state is undergoing a significant and possibly protracted economic downturn in tandem with the national and global economic and financial crises.

I mean, Chong has a point. With actual unemployment reaching twenty percent or more and loss of revenue from the effects of said unemployment and record forcloseurs, the spread of wealth going to just a few percen... [ More ]

Comment #13

joshuacloak — Fri, 31 Jul 2009 11:27:17 GMT

i rise them a boycut

i had plans on going their next late year sometime

i know their so far removed form reality to the states,

like if that was to happen over here, they be the laughed out of office

i hear they have some insane gun control laws to boot, aka people who commit crime dont care about your laws and gun control is useless to stoping crime with guns

crime dont care about no stupid laws.

i guest the dumbest people get the dumbest laws, they deserve thi... [ More ]

Comment #12

TheGameGrl — Fri, 31 Jul 2009 02:28:42 GMT

oy vey! Does this hold true for stock gain and loses? No longer able to write off or what?

Sorry but picking a battle isnt a political issue its a human issue for financial survival.

Lose the person. the family income/ or benefits of staying in a state and soon that state will see a drop in population. Folks will go to where it benefits them most.

In no way does this *retro-activated* law benefit the common tax payer. Eleviating a budget that the common payer had no say in how it was sp... [ More ]

Comment #11

Darth Tigger — Fri, 31 Jul 2009 01:29:32 GMT

Beofre you all start howling conspiracy nut or anything of that nature, please read all and then decide.

Most people will not stand up and fight back, for very simple reason. Dear old Uncle, using all the toos in his little bag could make our lives pretty snip miserable and even get us lost in the Justice system.

!. Does anybody remember when, I think it was him, Ted Kenndy got put on the no fly list and look how long it took to get him off it and he is a US senator. Not that I disagr... [ More ]

Comment #10

jim695 — Thu, 30 Jul 2009 23:10:37 GMT

You're right, MADDOG10, and THANK YOU for telling it like it is!

We the people have lost our will and our American resolve. We really have become a nation of cowards, afraid to stand up to those who work for us. Our new mantra is, Why, that's outrageous! SOMEONE should do something, but I'm not getting involved - I don't want to get into trouble. I'm pretty good at math, but I can't count the number of times I've heard people say those very words.

I have some disturbing news for you,... [ More ]

Comment #9

Rocket 455 — Thu, 30 Jul 2009 22:58:13 GMT

Well I'm a registered democrat soon to be third party and a lifetime liberal, but I'm feeling the tax burdon myself! Part of me says enough is enough! But, another part of me understands that in order to bail out wall street to the tune of trillions and to keep spreading democracy throughout the world, also to the tune of trillions... both of which are crucial to the security of the United States Of America, somebody has to pay. So being patriotic and all I'm going to just grin and bear it. If I... [ More ]

Comment #8

diamondpalace — Thu, 30 Jul 2009 22:13:51 GMT

Whoever came up with this idea is ignorant and selfish, and whoever approved the idea is also the same.

Comment #7

MADDOG10 — Thu, 30 Jul 2009 21:12:46 GMT

Jin695 says.:

How much more crap do we have to eat before we stand up and tell our government, No thanks. We've had enough; YOU eat it. ?

____________________________________________________________________________________

In my opinion jim, the people in the U.S. don't have the intestonal fortitude to tell them where to stick it, they would rather eat crow than stand up and be counted. Sad shape of affairs were in....

Comment #6

MADDOG10 — Thu, 30 Jul 2009 21:06:05 GMT

If you look, the majority of new legislation for new taxes are from the democrats. These people need to remember this at election time, The democrats here in NJ did the same thing and this puppet of a Governor we have says he did'nt know what was in the bill?????

Maybe next time I'll have them add all my outstanding debts and have him pay for it. Tax repeal should start this year. I think they ought to have a politician repeal....

Comment #5

konane — Thu, 30 Jul 2009 17:09:07 GMT

Stupid legislation ..... 2010 elections are going to be interesting.

Comment #4

Set4life — Thu, 30 Jul 2009 16:41:10 GMT

snip thats ridiculous lol, whoever voted yes for this nonsense should be shot.

This post has been automatically changed by the Lottery Post computer system to remove inappropriate content and/or spam.

Comment #3

jim695 — Thu, 30 Jul 2009 16:14:46 GMT

The new law is retroactive to January of this year.

First of all, ARE YOU FREAKIN' KIDDING ME??? How is this even possible and, more importantly, WHY are we putting up with these shenanigans from the people we elect to represent our interests???

Second, retroactive is just another word for the legal term, ex post facto, meaning after the fact. Such laws were previously prohibited by Article One, Section 10, Clause 1 of the United States Constitution, which reads,

Section 10, Claus... [ More ]

Comment #2

LottoPools — Thu, 30 Jul 2009 14:25:46 GMT

Stupid. Just absolutely stupid. This bill should definitely be taken into consideration at election time.

Comment #1

vincejr — Thu, 30 Jul 2009 13:38:14 GMT

Man, what a record keeping nightmare. I can just see the pit bosses going nuts on the casino floor when all of the Hawaiians pull out their calculators and pads of paper to keep track of their winnings. No sir, I am not counting cards, I am keeping track of my winnings for tax purposes.

Hawaii residents now taxed on Vegas winnings even if they lose

Lottery Post — Thu, 30 Jul 2009 13:13:34 GMT

Huh?

A new bill signed into law this month by Gov. Linda Lingle has some frequent Las Vegas visitors and local CPAs scratching their heads.

Under House Bill 1495, no longer will gamblers be able to offset their winnings with their losses for Hawaii state income tax purposes. Previously gamblers would be taxed only on their net winnings, but now they will be taxed on gross winnings.

A Hawaii resident who wins $10,000 in a year, for example, and loses $9,000 in the same year used to be ta... [ More ]