Feb 26, 2009

Gambling On The Recession? Tax Online Gaming:

Fat Loss 4 IdiotsAlfonse D'Amato Chairman the Pr Players Alliance (PPA) lobby group, , has simple suggesn fixing the devastated U.S. Economy . Tax Online Gaming, amending the UIGEA would allow the U.S. treasury access to bions in tax revenue that is flowing like champaing on New Years eve to off shore countries that are tax havens organized crime. With the right legislan North American grnms w access to not only tax revenue on the actual wagering but also revenue from the operators while getting a better grip on money laundering and under aged gambling.


His article, The New Deal: Rlate And Tax iPr, appeared in Washington, DC, newspaper Roll Call and proposes that new Presid Barack Obama fund a proposed economic recry plans through rlng and taxing online pr rather than through normal tax increases.


"While business leaders and politicians debate how much, or how little, we should rlate the business community, the online pr industry and the mions of Americans who play on the Internet have been crying out rlan and taxan," wrote the mer Republican Senator.


"The absence of grnm rlan and, in fact, the quixotic efts to ban Internet pr has left US consumers vulnerable and left bions in potial tax revenues on the virtual pr table.


"Rlan of Internet pr does not equal an expansion of gambling in this country. Like it or not, that genie is already out of the bottle. The American market has spn. There is strong demand Internet pr and no reasonable grnm can or should stand in the way of adults competing in games of sk on the Internet.


"To the contrary, the grnm should step up and exercise control r the multi-bion dollar activity and respect the rights of the estimated 15 mion Americans (and 100 mion globally) who play and collect the revenues.


"This is not a new tax. It's not politically risky tax increases. Rlan simply allows the collecn of taxes that are currly going rseas to the other countries that have already seized on the global pr phenomenon."Fat Loss 4 Idiots

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