mr_english 0 Posted January 31, 2008 Share Posted January 31, 2008 McDermott sponsors Internet gambling tax legislationBy The Associated PressWASHINGTON — Congressman Jim McDermott says a tax on Internet gambling could generate $8 billion to $42 billion in revenue in its first 10 years.The figures come from an analysis prepared by PricewaterhouseCoopers that McDermott provided to all members of Congress.The Seattle Democrat introduced the Internet Gambling Regulation and Tax Enforcement Act.McDermott says attempts to ban Internet gambling have been ineffective and his approach would protect consumers and subject the revenue to taxation.If I could vote, that is Link to post Share on other sites
MNBassin 0 Posted January 31, 2008 Share Posted January 31, 2008 That makes the most sense. Not sure how they would tax us though. On our deposits to the websites? Withdrawals? But it would make sense for the government to figure out a way to get in on the action. Hell, some new poker sites might pop up in the states...doubt it though Link to post Share on other sites
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