SanchoPanza
SanchoPanza
Joined: May 10, 2010
  • Threads: 34
  • Posts: 3477
August 23rd, 2013 at 7:35:55 PM permalink
Quote: aceofspades

Hmmmmmmm - I must have missed it when the Native American Nations became tax exempt to the USA.

"Generally, Indian tribes are exempt from federal income
taxation. This exemption generally extends to tribal corporations chartered under
federal law, but does not extend to tribal corporations chartered under state law. On
the other hand, the income of individual tribal members is not generally exempt from
federal income taxation, though there are some Indian-specific exemptions available
for some of their income. Finally, while the income of Indian tribes may be exempt
from tax, Indian tribes are generally still subject to withholding and employment tax
obligations.
"The income of an Indian tribe is generally exempt from federal taxation,1
regardless of the location where the income was earned. The Internal Revenue
Service (IRS) appears to base this conclusion on the theory that Congress did not
designate Indian tribes as taxable entities within Section 11 of the Internal Revenue
Code (IRC).2 This exemption extends to income generated by tribal corporations3
federally chartered under Section 17 of the Indian Reorganization Act of 1934 (IRA)
or Section 3 of the Oklahoma Indian Welfare Act.4 Nonetheless, the IRS has
indicated that the exemption does not extend to tribal corporations chartered under
state law.5 It should be noted that the tax status of corporations chartered under tribal laws is uncertain, and as the date of this report, the IRS has yet to issue any formal
guidance on the issue.6 Similarly, the tax status of tribal limited liability companies7
(LLCs) is also uncertain.8" congressional research service
JB
Administrator
JB
Joined: Oct 14, 2009
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August 23rd, 2013 at 7:38:02 PM permalink
Nice trip report and pictures, Face. I'm just chiming in to mention that the bar-top machine located at the seat I circled in your picture has the $1 Jacks or Better progressive I mentioned a few months ago. Other seats at the bar probably have it too, but if I recall correctly, not all of them do. The end seat which I circled in the picture definitely does (or did as of April 2013).

teddys
teddys
Joined: Nov 14, 2009
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August 24th, 2013 at 5:01:58 AM permalink
Quote: EvenBob

For a self admitted jock, you have the best writing style
of anybody on this forum. If I didn't know it was you I
would think this report was written by a professional
writer. Well thought out with lots of depth. Your talents
are wasted in a casino, Face..

I agree! You blow us self-professed professional writers out of the water. (Mission186 is pretty damn good, too).

You could be published in any magazine or journal (gambling, fishing, shooting, whatever) right away without any editing at all. Editors would love you. If that's something that interests you at all, you should pursue it.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
odiousgambit
odiousgambit
Joined: Nov 9, 2009
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August 24th, 2013 at 5:17:29 AM permalink
Quote: teddys

I agree! You blow us self-professed professional writers out of the water. (Mission186 is pretty damn good, too).

You could be published in any magazine or journal (gambling, fishing, shooting, whatever) right away without any editing at all. Editors would love you. If that's something that interests you at all, you should pursue it.



I agree as well ... but, well, a lot of journalists out of work these days I think.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
teddys
teddys
Joined: Nov 14, 2009
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August 24th, 2013 at 5:21:52 AM permalink
Quote: odiousgambit

I agree as well ... but, well, a lot of journalists out of work these days I think.

That is true. Me, for one. But it is a legit income (especially freelance).
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
EvenBob
EvenBob
Joined: Jul 18, 2010
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August 24th, 2013 at 8:31:20 AM permalink
Face has the one attribute all good writers have. He pays attention.
And he has the ability to record what he saw and what he felt in an
interesting way. He reminds me of the super talented Ben Stein, who
we see on Fox Business Channel. Stein has a very successful career
in investing and TV, and he is also an entertaining writer with many
published articles and stories about his life. A writer needs to wear
more than one hat these days.
"It's not enough to succeed, your friends must fail." Gore Vidal
Face
Administrator
Face
Joined: Dec 27, 2010
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August 24th, 2013 at 10:23:50 AM permalink
Quote: EvenBob

Face has the one attribute all good writers have. He pays attention.
And he has the ability to record what he saw and what he felt in an
interesting way. He reminds me of the super talented Ben Stein, who
we see on Fox Business Channel. Stein has a very successful career
in investing and TV, and he is also an entertaining writer with many
published articles and stories about his life. A writer needs to wear
more than one hat these days.



Ben Stein?! That's a little much, EB =) That dude is a genius. But thanks, again. To be honest, I'm still hoping to get to the level of our own FrankScoblete. His Japan report was ridiculous, and a great read.

Quote: teddys

I agree! You blow us self-professed professional writers out of the water. (Mission186 is pretty damn good, too).

You could be published in any magazine or journal (gambling, fishing, shooting, whatever) right away without any editing at all. Editors would love you. If that's something that interests you at all, you should pursue it.



Thanks to you too teddys, and OG as well. It really means a lot coming from this group.

Teddys, you get paid to write? I have to ask a question...

I assume you do so not just because you're good at it, but because you enjoy it. I do too, which, since I'm not much of a casino guy at all, explains my presence here. I just like to write, and getting to share that with people here and on DT is something I really dig.

I'd of course love to get published. Even if it was small and short term, getting in an article or twelve in a rag, I think, would be pretty cool. Something like Doug Stange of In-Fisherman fame, or the humorous take on life and the outdoors a la Bill Heavey from Field and Stream.

But, assuming you have a passion for writing, do you find that having to do so for money sort of sullies it?

I have very little experience mixing passion with profit. When I did so for a fishing tournament, I noticed there were a lot of intangibles that were lost. I dunno, it just wasn't "pure", if that makes sense. There was no time to sit and marvel, no time to "take it all in", no time to stop and appreciate where I was and what I was doing. It was... well, it was like a job. A very fun job, don't get me wrong, but it lost its "magic", I guess.

I've been told to write before for money and have denied it every time, all because of that reason. Like I told EB, some "compensations" are better than cash. They're worth more to me than some green that'll be gone in a couple days.

Having written for money, have you found that to be at all true? Or does profiting from a passion sort of outweigh it?
The opinions of this moderator are for entertainment purposes only.
Face
Administrator
Face
Joined: Dec 27, 2010
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August 24th, 2013 at 10:25:22 AM permalink
Also, on topic, thanks to Sancho and JB for the additional info. It's always appreciated =)
The opinions of this moderator are for entertainment purposes only.
Buzzard
Buzzard
Joined: Oct 28, 2012
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August 24th, 2013 at 12:49:29 PM permalink
" Also, just to put it out there, I've been out of Surveillance since June. "

Where be you now ? NHL open tryouts !
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
EvenBob
EvenBob
Joined: Jul 18, 2010
  • Threads: 428
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August 24th, 2013 at 12:56:30 PM permalink
Face, ever read Hemingway's 'Big Two Hearted River'? Best fishing
story I ever read. You can find it online if you haven't read it.
"It's not enough to succeed, your friends must fail." Gore Vidal

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