sjguppy wrote: My guess is that this is an attempt to get the online gaming industry to open their books to the IRS. If the industry is at 12 billion a year and growing that adds up to a lot of tax money.
They should legalize it and regulate it. Then you'd have companies operating out of the US and paying US taxes on it. Right now, there are lots of US players, but the govt doesn't see any of the revenue.
(and like most things, note that if you lose money, the govt would get taxes on the company's profit, and if you win money, they tax you.. either way, taxes). |