Ditto here, Larry. Between cutbacks in casinos and 6.7% income tax in CT
with no offset for losses, plus getting whacked on SS bennies, it's time
to change the game plan.
Sandy
In a message dated 2/20/2012 1:31:38 P.M. Eastern Standard Time,
lfcmja@verizon.net writes:
--- In _vpFREE@yahoogroups.com_ (mailto:vpFREE@yahoogroups.com) ,
"carolm60656" <carolm60656@...> wrote:
>
> Rob,
>
> Everyone has different circumstances. As a senior, you have a fixed
income, and many senior benefits will vanish with too many W2s.
>
>
> As an example for you, some seniors play a lower denomination and/or J/B
and deuces so there is a less chance of accumulating lots of W2s.
Years ago ,Bob Dancer wrote about neighbors who were multi millionaires
but only played quarters because they love the game of VP and didn't want to
become involved with W-2 G's and the IRS.
I recently turned 65 and saw my SS benefits drop in spite of the recent
cola increase, due to a higher AGI caused by my casino W2G's. As a result,
and because of an evaluation of exactly the worth of the extra comps for
dollar play, I am thinking of going back to quarter play.
Larry F.
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