This article, from The Wall Street Journal‘s “Market Watch”, shows how gambling winnings can cost seniors dearly when tax day comes. Even if they are balanced out by losses of the same amount, certain tax rates can skyrocket, leaving seniors to pay extra. Using a real example, the author shows just how much gambling can cost.
“The World Cup has a gambling problem” | Deseret News
By Ethan Bauer Overshadowed by the Spain-Argentina final, rampant betting advertisements cast a dark shadow of their own. Click here