Will Cali actually legalize pot???

[ben ji]

Kansas' new casino law is that if you win $20,000 over the course of the year while losing $50,000 then you have to claim that you gained $20,000 when you report your taxes. Missouri does not have that law. So I don't get the argument that we're trying to drive Missourians here because we have less harsh sin taxes.

The only way they would know if you won more than $20,000 is if you won it on a slot machine or something that required them to go through a special process.

You don't show a players card or any ID when you return your chips for cash so they would have no way of tracking it otherwise.

*Fun Fact* ben ji's dad takes advantage of this, he will buy in for a couple hundred, play some hands then cash his chips out. He then goes and sits down at a new table and buys back in....To the casino it looks like he bought in for $200, lost all his money and bought back in for another $200 etc etc etc. In reality its the same $200 being recycled again and again... He does this to get more free comps from the casino and calls it "Recycling"

[star seed 7]

Kansas' new casino law is that if you win $20,000 over the course of the year while losing $50,000 then you have to claim that you gained $20,000 when you report your taxes. Missouri does not have that law. So I don't get the argument that we're trying to drive Missourians here because we have less harsh sin taxes.

the goal is more to keep money from going over to missouri.  the same with sunday liquor sales.  both of these have been pretty successful.  the casinos in kansas are successful enough that MO changed their casino laws (the 500 dollar loss limit) to try and get customers back.

right now, colorado is getting *some* tax dollars from KS residents crossing the border.  being a good 6-8 hours from eastern kansas, and even a few hours to denver from western kansas right now means that it's probably not a huge amount.  if MO legalized it, you're going to see a massive amount of money being given to MO from the 1+ million people that live within an hour of the border, KS will definitely take note of that.

[Mrs. Gooch]

Kansas' new casino law is that if you win $20,000 over the course of the year while losing $50,000 then you have to claim that you gained $20,000 when you report your taxes. Missouri does not have that law. So I don't get the argument that we're trying to drive Missourians here because we have less harsh sin taxes.

Don't you get to subtract your gambling losses from the gambling winnings?

My cousin just won $23,000 on a slot machine in Oklahoma. I wonder what their laws are.

[Stevesie60]

Kansas' new casino law is that if you win $20,000 over the course of the year while losing $50,000 then you have to claim that you gained $20,000 when you report your taxes. Missouri does not have that law. So I don't get the argument that we're trying to drive Missourians here because we have less harsh sin taxes.

Don't you get to subtract your gambling losses from the gambling winnings?

No, that's my point. As of last month you can no longer subtract losses.

[EllRobersonisInnocent]

I'm making the pilgrimage to the Cannabis Cup in Denver on 4/20 this year. I might not come home, guys.

[star seed 7]

good luck friend, i will keep you in my prayers.

[EllRobersonisInnocent]

good luck friend, i will keep you in my prayers.

I'll tweet lots of pics!

[Tobias]

maybe have a safe word or something?

[Asteriskhead]

maybe have a safe word or something?

mine is blueberry pancakes.

[asava]

maybe have a safe word or something?

mine is blueberry pancakes.

not good for these situations. too common of a thing thing that gets said at hungry times.

[Asteriskhead]

maybe have a safe word or something?

mine is blueberry pancakes.

not good for these situations. too common of a thing thing that gets said at hungry times.

do you even Ving Rhames, bro?

[Mrs. Gooch]

Kansas' new casino law is that if you win $20,000 over the course of the year while losing $50,000 then you have to claim that you gained $20,000 when you report your taxes. Missouri does not have that law. So I don't get the argument that we're trying to drive Missourians here because we have less harsh sin taxes.

Don't you get to subtract your gambling losses from the gambling winnings?

No, that's my point. As of last month you can no longer subtract losses.

Oh well then my cousin is screwed. What happens if you live in Kansas but win in Oklahoma?

[Institutional Control]

State income tax, lol.