Poker Hand Folded by Raid

Chattanooga Police Sgt. Jerri Weary wrote in an email, "Any arrest obviously reduces crime in our city, and a crime reduction means safer streets and safer communities,"
"The money seized was not large, but the value of devices and paraphernalia was and this is a major blow in breaking up extensive operations."

http://www.msnbc.msn.com/id/42727018...hattanooga_tn/

Unreal. This language is so over-the-top innuendo-ridden...makes it sound like some sort of widespread drug or illicit sex ring was busted.

Anyone who played in a NCAA bracket with a police officer in Chattanooga ought to demand an internal affairs investigation in a "gambling" ring being run by the police department.

Lol is gambling illegal in America?

This made me lol:

Some states allow home poker games; some don't. In the states that do, there are specific regulations as to what and what doesn't fly legally. Typically complicated...

With all that's gone on recently I'm certainly glad that Ben and I live this side of the pond..........

Land of the free?

DEFINITELY!!!!!!!!!!! What a crock. I bet some cop is getting a new 50" TV now huh?

Not for over 100 years, and especially the past 60. Your head would spin if you knew all the taxes implemented in that time span.

I'm thinking they will get off because of "lost" evidence.

This is utterly rediculous. Is there not any real crime in that town and they are that bored?

Really these are just two other ways the US government waste money. Honestly when I think of freedom, I imagine a world where one can pay for sex(lets face it, most guys pay for it in one way or another anyway) or ingest a substance in their OWN body.

The corruptness that has infested this country sickens me. Really not proud to be an American after I learned the facts they don't teach you in history classes.

IS THIS DEMOCRACY? 'PEOPLE'S REPUBLIC OF CHINA' is more free than the US......everything little thing has been made illegal here grrrrrrrrrrrrrrrrrrrr grrrrrrrrrrrrrrrrrr really considering moving to China hahahahaah

Is PokerStars legal there??

Apparently

Attached Images

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hahahahahahahh oh yes it is

You have to stop getting your disinformation from Fox News.

Taxes have actually gone DOWN very significantly over the last 60 years in the US. They were super low until 1932, went up during the new deal and then through the roof during world war 2. But since 1945, and that's 66 years ago, general taxation level has been going down steadily in the US.

In particular, the great economic boom of the 1950s, 1960s happened with much higher taxes than what you have now. The myth that low taxes are necessarily a good thing is a republican ideological myth, nothing else.

Fighting real crimes are mostly not profitable but seize money IS for bad cops.

The top 10 percent of earners paid more than half of the federal income taxes in 2007, and the top 5 percent paid 44 percent.

Currently, half of U.S. households are paying no federal income taxes.

23 million tax filers in 2010 who already owed no income taxes also got refundable credits.
It's scary to think that we may soon reach a point where most people do not pay federal income taxes, then we will have a population that will vote in more and more people willing to give them more and more freebies. Then we will be bankrupt.

While I can't find any concrete documentation, it would be interesting to see how other taxes and fees have increased over the last decade. There are tons of these hidden taxes on almost everything.

Thank you for sharing some more Fox News propaganda. Do you know the reason why the top 5 percent pay so much in absolute terms? It's because the top 5 percent gets 35% of the total income, and since they pay a very slightly higher percentage of that income as taxes, it translates to 44% of federal income taxes. Although actually your 44% figure is incorrect. It's really 37%.

And that's nothing by historical standards. Do you realize the top bracket for the federal income tax in 1945 was 94%. It only dropped below 90% in 1964, down to 35% today. That's a huge huge drop in tax rates.

Also, federal income tax is only part of the overall taxation. If you take every sort of tax into account, it's a very different story. Everybody pays taxes, and to a large extent, every body pays a similar percentage of its income. The US tax system is only marginally progressive.

There's a pretty good summary here: http://www.ctj.org/pdf/taxday2011.pdf

Sorry, that's wrong. 44% of federal income taxes is correct. It's 37% of all taxes.

In summary, top 1% get 20% of all income and pay 21% of all taxes. Top 5% get 35% of all income and pay 37% of all taxes. I understand your outrage...

That's insane, I mean (What is Gambling Hurting), (Who exactly is it hurting)? I can't understand what the real issue might be? Yet that was a crazy story

I thought this video clip was very humorous, I hope it doesn't actually come to that haha

Sorry, not Fox News, but the real source the IRS. And as I stated I couldn't find any real figures on total taxation (fees and other taxes).

http://www.irs.gov/pub/irs-soi/11intr08winbul.pdf

Here are the IRS figures for 2008:
The top 1% of taxpayers accounted for 20% of AGI and paid 38% of the taxes.
The top 5% of taxpayers accounted for 34.7% of AGI and 58.7% of total income tax.

I'm not being an apologist for the wealthy, but I pay my fair share of taxes and if you have looked at a tax booklet lately, there are a lot that don't---at BOTH ends of the income ladder.

"federal income tax" and "tax" are not synonymous. It's essentially impossible not to pay any tax, regardless of your income level.

Of course. The income tax is more or less the only progressive tax in the book. The others are either flat or regressive. So if you isolate the income tax, it looks like a bad deal for the rich. But if instead you chose to isolate the sales tax as a percentage of income, you'd find a super regressive tax where people with the lowest income pay a much higher share than their share of income. And that's pretty shocking, imo.

The only measure that matters is the ratio of the amount of all taxes (income and others) to the amount of income. And that's precisely the numbers I quoted in my previous post.

From the IRS (not Fox News)

I don't think this discussion is really going anywhere so this will be my last comment.

Considering that most other taxes are typically either flat or regressive, I don't understand why you find it problematic that the income tax is just sufficiently progressive to ensure the poorest in your country don't end up paying a higher percentage of their income as taxes than the richest. And yes, that requires negative income tax rates for the poorest Americans, but i don't understand why this is a problem per se. Why should we isolate this particular tax and make a fuss about it while what really matters is the overall tax burden?

Now you can keep quoting more and more numbers about the income tax, and I can keep quoting more and more about the overall tax burden, but it won't really move us any closer to an agreement.

Some 'e-penis' swingin' goin' on this thread. (what was this thread about again?).
I bet ya they don't try to bust Junior Soprano's home game.

I think its because the person who makes 30k a year will miss his/her 3k much more than someone making 200m a year will miss his 70m.

besides I dont think the issue is taxes from specific rich people who actually claim a salary in which to tax. Its the CEO's of major companies who pay themselves 1 dollar a year but have access to the business funds to live high on life with while the "business" gets tax breaks.