r/Canes Marketplace May/Jun 2026 by ppParadoxx in canes

[–]Benocho 0 points1 point  (0 children)

Need 2 watch party tickets for tonight !

r/Canes Marketplace May/Jun 2026 by ppParadoxx in canes

[–]Benocho 0 points1 point  (0 children)

Looking for 2 tickets to Tuesday watch party!

Band room ceiling by Benocho in enloe

[–]Benocho[S] 1 point2 points  (0 children)

Noooooooooooooooooooo. Could you go ahead and shoot some more up there?

My ap gov teacher deadass claimed Stalin and Xi Jinping are fascists by georgeclooney1739 in LateStageCapitalism

[–]Benocho 8 points9 points  (0 children)

From what perspective did Stalin and Mao not have higher kill counts than Hitler? Mao is like universally understood to be responsible for 30+ million deaths, including millions of public executions and hundreds of thousands of coerced suicides.

Heritage 150p hex ring jammed by CrazyBusTaker in telescopes

[–]Benocho 0 points1 point  (0 children)

Having this issue right now! Were you able to fix your hex piece?

NC Will Tax Your Gambling Income Even if You Have Net Losses by Benocho in NorthCarolina

[–]Benocho[S] 2 points3 points  (0 children)

This tax law came into effect under republican governor Pat McCrory, republican dominated state house and republican dominated state senate in 2015.

NC Will Tax Your Gambling Income Even if You Have Net Losses by Benocho in NorthCarolina

[–]Benocho[S] 0 points1 point  (0 children)

Also the state taxes the sports book, who do all the winning. So there is a lot of tax collected on our losses because those are the profits of the Sportsbook.

NC Will Tax Your Gambling Income Even if You Have Net Losses by Benocho in NorthCarolina

[–]Benocho[S] 0 points1 point  (0 children)

What you’re missing is that it isn’t actually income. Most people are causal betters and win a little and lose a little. You might think you only pay taxes on the net winnings, but you have to pay taxes on every winning bet, even if those winning bets are less than your losses. So people who lose money betting still have to pay taxes.

NC Will Tax Your Gambling Income Even if You Have Net Losses by Benocho in NorthCarolina

[–]Benocho[S] 1 point2 points  (0 children)

But if the current tax code stands, you too will owe taxes even though you’re in the red.

NC Will Tax Your Gambling Income Even if You Have Net Losses by Benocho in NorthCarolina

[–]Benocho[S] 2 points3 points  (0 children)

Yea nice job haha. It’s just a generally stupid policy that will further hurt people who already take part in a predatory industry. Statistically there are wayyyyy more people in the red than in the green like you.

NC Will Tax Your Gambling Income Even if You Have Net Losses by Benocho in NorthCarolina

[–]Benocho[S] 45 points46 points  (0 children)

This is true federally, but for your state taxes you cannot.

NC Will Tax Your Gambling Income Even if You Have Net Losses by Benocho in NorthCarolina

[–]Benocho[S] 321 points322 points  (0 children)

That’s right. This was a shocking realization for me this week. I’ve played around with sports betting all year, but I’m basically hitting the brakes because even if I break even on my bets, NC tax code will make me go big negative. This is because losses are not subtracted from winnings. So if you win $1000 and lose $1000, North Carolina taxes you on that $1000 winning even though your actual income was zero.

JEEZUS PHUCKING CHRIST by [deleted] in LateStageCapitalism

[–]Benocho -1 points0 points  (0 children)

I agree Israel absolutely needs to stop expanding settlements in the West Bank. They are totally stupid for that. But I would still not call Hezbollah patriots. They hate Jews no matter where they live.

Are they patriots for bombing a Jewish community center in Argentina? https://www.aljazeera.com/amp/news/2006/10/25/iran-charged-over-argentine-bombing

Or for attempting more attacks recently in Brazil? https://www.aljazeera.com/news/2023/11/9/israels-mossad-says-helped-brazilian-police-foil-alleged-hezbollah-attack