I always recline my seat on airplanes/former notary/cultural tastemaker/NFL thought-leader/former high school golfer/views are never my own
Phoenix, AZ
Joined August 2010
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Johan Edin retweeted
We have obtained video of PGA President Don Rea singing Eminem’s “Lose Yourself” on Saturday night of the Ryder Cup as the USA trailed 11.5-4.5, as first reported by @trlkershaw.
Johan Edin retweeted
The passage of the One Big Beautiful Bill Act significantly enhances our industry’s ability to sustain quality jobs and deliver economic benefits — and we look forward to President Trump’s expected signature.
Johan Edin retweeted
SEC 70114 is unconstitutional.
• Introduced by @MikeCrapo
• Limits deductions to 90% of losses.
• Win $100k / lose $100k → IRS taxes $10k you never kept.
• The 90% cap violates the Sixteenth Amendment because it taxes something that is not “income.”
• Under Eisner v. Macomber (1920) income must be a “gain derived” from capital or labor.
• Under Commissioner v. Glenshaw Glass (1955) it must be an “undeniable accession to wealth, clearly realized, over which the taxpayer has complete dominion.” When a gambler’s wins and losses net to zero, there is no accession (increase) to wealth.
This phantom "income" tax will go into effect starting tax year 2026. @repdinatitus is working on a bill that would reverse this unfair anti-gaming tax provision. Let's hope common sense prevails and this is quickly reversed before 2026 gets here.
#Kill70114 #StopHiddenTax
Johan Edin retweeted
Trumps “Big Beautiful Bill” will not be beautiful for sports bettors 👎
I would owe over $55,000 in taxes! (2026)
Let’s use myself as a real life example:
I have made $15,628.24 half way through 2025. I’m going to double all my numbers to simulate a full year of betting
Assuming my ROI stays at 1.52%
My total winnings = $2,055,031.58
My total loses= $2,023,795.10
Profit = $31,256.48
For the 2025 I would pay about 24% in taxes on my total profit so $7,501.56 in taxes. Making my after tax income $23,754.92
If this bill passes and I use the same numbers in 2026 then I would only be able to claim 90% of my loses.
Total loses $2,023,795.10 X .90 = $1,821,415.59
Total winnings = $2,055,031.58
Total loses = $1,821,425.59
Profit/lose = + $233,605.99
If I owe 24% in taxes on $233,605.99 I will owe $56,065.48 even though I really only made $31,256.48.
That will net me -$24,809. How can I be taxed more than I profited? This bill will destroy the gambling industry. Make sure you spread the word.
@OutlierDotBet @DataBasedBets @EVBetsMA @PromoCactus @repdinatitus @capjack2000 @AmericanGaming @SquirrelSigma @TheArbFather @pdown_829 @MathWinsBets @JayssPlayss
Johan Edin retweeted
Wanted to remind everyone that Purdue returns everyone except Caleb Furst and gets 7’4” Daniel Jacobsen back next year
Johan Edin retweeted
It’s a big moment in legal US sports betting: you can now sign up in Arizona at az.betcris.com/en/login-page…
Johan Edin retweeted
If you have YouTube TV, go to settings, select the broadcast delay, and choose decrease. This removes the 15-second delay …. I just learned this the other day, and it's a literal game changer
Johan Edin retweeted
Moments like this are why Nick Taylor should be on the U.S. Ryder Cup team at Bethpage Black
Johan Edin retweeted
I really cannot emphasize enough how much we do not need to see any more of DJ Khaled on this TGL broadcast
Johan Edin retweeted
It's pretty insane that with all the taxes we pay in the US, you still have to spend $1500+ for daycare per kid every month until they turn 5, unless one parent decides to stay at home full time
Johan Edin retweeted
Lenny BREAKING NEWS music:
We’ve partnered with our friends @FairwaysFundays for the last day of their🎄12 Days of Christmas🎄
One of our followers will receive:
⛳️ An Exclusive (Neil) Tour of Ireland for 4 People including:
• 4 Rounds of Championship Links Golf
• 4 Nights at the stunning Glasshouse Hotel
• 4 Luxury Fairways & FunDays welcome packs
To enter simply:
👉 Like & Share this post
👉 Sign up to the F&F newsletter (link below)
🔗 mailchi.mp/fairwaysandfunday…
#LGLG #fairwaysandfundays
But the eggs cost more!!!
BREAKING: Total US stock market capitalization has hit $60 TRILLION for the first time in history.
Over the last 4 years, the value of the US market has DOUBLED.
By comparison, Asian and European stock markets are worth ~$18 and $15 trillion, respectively.
If this trend continues, the US market will be TWICE as large as Asia and Europe combined as early as next year.
To put this into perspective, the US stock market accounts now for 202% of the US GDP, the most on record.
The US market is incredibly hot.
