@rampagepoker Hi Ethan. Big fan of your work. Will this make you consider moving down in stakes? Considering you’re a vlogger and being in the public eye has a way to affect optimum decision making.
@Dirtbagpoker@BlaiseBourgeois@nikitaluther Killing is an understatement. I don’t know of a country that charges 28% on face value while buying in. Whoever suggested this tax rate this doesn’t know what they are talking about .
If Nikita Luther wins the Main Event, she could very well be the next Moneymaker.
Not only would she be the new face of women in poker, but she'd also represent an enormous Indian population that already has a ton of poker momentum.
Poker boom 3.0? I'm on team Nikita.
9/9
Conclusion-
It is still pre-mature situation to act as things will take time to kick in and there could be modifications based on public and stakeholder protest. Overall, still a regressive move which harms all stakeholders involved.
8/9
FM clarification
Compared this to a moral decision to tax high.
- (subsequent winnings will not be taxed? Unclear)
- impossible to pierce the opacity of gaming, hence the tax on full value.(Ok, but they could have made the rate much lower like 5% since it is on revenue!)
Hi everyone. I’m proud to present to you the poker league team I am leading as Team owner/player for the Poker Sports League Season 5! The team is called “Lucknow Kings” and the name was chosen to represent our home state proudly at the national level.
https://t.co/0E8JwC9TTf