Last week saw the final table of the World Series of Poker tournament take place and the winners took home hefty amounts in the millions. But if we look at the REAL winner of the tournament, it’s undoubtedly Uncle Sam, also known as the US government and specifically its Internal Revenue Service (IRS). The tax authorities took huge chunks out of the winnings of WSOP main table winner Ryan Reiss, whose $8.35 million haul was nearly halved, as well as other winners around the table whose registered residences are in the US or countries that have tax agreements with the US. One guy who managed to snub them all was Sylvain Loosli, who, as a Frenchman, may have had his $2.7 million prize money significantly cut if he was living in his homeland BUT, since his place of residence is now listed as London, he got to keep all his winnings. Guess you can say that Loosli played his hand right!
An auditor from the IRS rang the church and asked to speak to the priest.
“Father,” he said, “is Mr. Tom McNamay a member of your congregation?”
“I can assure you that he is,” said the priest.
“Can you confirm that Mr. McNamay made a $100,000 donation to the church that he claimed in his tax return?”
“I can assure you that he will,” said the priest.