Tax Guru-Ker$tetter Letter
Thursday, July 30, 2009
More Unfair & Ridiculous State Taxes
Hawaii residents now taxed on Vegas winnings even if they lose - This is a perfect example of how the very concept of fairness is being tossed out the window for the sake of money by those in power. Taxing gross gambling winnings with no deduction allowed for gambling losses is ridiculous; but an indicator of things to come at both the State and Federal levels.