| Posted by: buckster436 at July 11, 2006, 2:31 pm | | Topic: And They Want To Ban Online Poker Gambling?!!!!! Forum: Card Chat |
Yes this was sponsered by Represenatives Bob Goodlatte>> Virginia and Jim Leach>>> Iowa,, these two are ery concervative Represenative`s,, they should mind there own business,, cause they dont believe in gambling they dont want anyone to gamble,, its in my newspaper today, i just read about it,, I think they have more to worry about than online gambling, i say if somebody wants to gamble its there business,, these Goody>Goody guys should stay out of the publics life,, its my business if i want to gamble, not theres>>>>>>>>>>>>>>>>>>>>>>> buck
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| Posted by: t1riel at July 11, 2006, 1:42 pm | | Topic: And They Want To Ban Online Poker Gambling?!!!!! Forum: Card Chat |
I found this article and I'm blown away on the goverment would receive BILLIONS of dollars of gambling taxes and they want to ban it? I don't understand this at all. The US government gets money from other illegal means. Why is internet poker gambling an issue?
Internet poker could net US billions in taxNEW YORK (Reuters) - Regulating Internet poker could bring the U.S. government some $3.3 billion in taxes annually, according to a study to be released on Tuesday, ahead of an expected debate over legislation to ban online gambling.
Income taxes on winnings from Internet poker alone -- which is estimated to have attracted $60 billion in wagers worldwide in 2005 -- could amount to $2.5 billion each year, according to the study commissioned by the Poker Players Alliance, a group calling for the regulation of online gambling.
"The majority of the revenue that's generated would be from reporting of poker winnings," said Michael Bolcerek, president of the group.
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