Finance Fox

Just a fox in his 20's. Crypto code monkey and sports guy. NO PAID SHILLS. UNT Mean Green alumni

[Finance Fox @Finance__Fox]

Maturing is realizing that not a single one of these KOLs knows what the fuck they're talking about.

[Finance Fox @Finance__Fox]

@docakx This just looks like jaundice tho, caused by high bilirubin content in liver, from heavy drinking and/or opiate use

[Finance Fox @Finance__Fox]

@IngenieroSeed While you were at parties I was mastering the blade

[Finance Fox @Finance__Fox]

@Tech_girlll Just run WSL ubuntu on a half decent PC problem solved

[Finance Fox @Finance__Fox]

@Gargen123 @burnoutrosin Owned one for barely over a year cleaned it religiously exactly to spec never let the residue get super bad and it just bricked on me one day. The ones shilling are either puffco's marketing bots or just stupid.

[Legal Mindset @TheLegalMindset]

Verdict is in: Afroman FULL victory, with no claims going to any of the Adams County Sheriff plaintiffs, total courtroom W for @ogafroman

Solid news for First Amendment protections of free speech, parody, artistic creation and fans of Lemon Pound Cake.

[Finance Fox @Finance__Fox]

@nalinrajput23 FFMPEG

[Finance Fox @Finance__Fox]

@txfblife Probably another dog ass UT sister college team

[Finance Fox @Finance__Fox]

@GossipRoomOff Lil Wayne has money but he doesn't have free hospital money 😂

[gainzy @gainzy222]

99% of ai is people who have never been able to code being amazed by AI’s ability to create very simple front end interfaces with basic database backends to automate mundane tasks

marketers are absolutely printing off this

[Finance Fox @Finance__Fox]

@CfbSelect How has nobody mentioned UMass yet 😂

[Finance Fox @Finance__Fox]

@gamestop "our stores are not designed to function as infinite money printers"

Tell that to Keith Gill

[Finance Fox @Finance__Fox]

If a tree falls in the middle of the woods and it's right, did it really fall. @CrashiusClay69

[Finance Fox @Finance__Fox]

Crash is now bullposting the Houston Texans that's how I know we're not winning shit this year

[Тsфdiиg @tsoding]

Finally non-programmers are leaving the Software Engineering space by becoming "vibe coders". The Software Engineers can now work in peace while those parasites are destroying the codebases of the Big Tech companies. The cancer industry cannibalizing itself. The future is bright.

[Finance Fox @Finance__Fox]

@fake_burster This is not a uniquely American problem despite what the media will tell you

[Finance Fox @Finance__Fox]

@bizlet7 Most sportsbooks will go out of business anyways since prediction markets are becoming a lot more accessible and tend to have better payouts

[Finance Fox @Finance__Fox]

Crash is now bullposting the Houston Texans that's how I know we're not winning shit this year

[Alex Cohen @anothercohen]

I love how Polymarket was just like “what if we made it really easy to do insider trading” and built a whole company on that

[Finance Fox @Finance__Fox]

If vibe coding is so great why can't anybody name a single application that has an actual userbase that was 100% built by AI.

[Jeazy @jeazy_money]

I’d like to address the new 2026 Federal Tax law as it pertains to Sports Betting with a real life example from my own performance:

Here are my 2025 stats on #DraftKings as a $40 unit bettor for the majority of the year:

In 2025, I will be taxed at 22% percent (that’s my federal bracket) on $4,121 because that’s what I made in profits last year. Up until now, we can deduct 100% of losses. So,that comes out to $906 in taxes that I owe the federal government, leading to me taking home $3,215 out of $4,121 (78%).

However, this new law will now tax “phantom income”. So for some godforsaken reason, I can no longer deduct 100% of losses. I can now only deduct 90%, meaning I (we) will be taxed on 10% of whatever the losses are.

In this example, if I repeat my performance in 2026 on this book, I will now pay taxes on 10% of 40.5K (my losses - although, I’m not entirely sure how DK defines “Spent”), which is basically 4K.

In summary, I’ll now be taxed like I profited 8.1K, when really I profited 4.1K. Since I’m taxed at 22%, I owe 22% of 8.1K which is $1,782 (essentially double of $906).

Subtract $1,782 from $4,121, and I’m left with $2,339 in take home profits after a year on this book… this equates to me only taking home 57% ($2,339/$4,121) of my winnings as opposed to 78% ($3,215/$4,121).

Lastly, there is state income tax (if you live in a state with income taxes)…