New Bill Would Tax 2 Percent of Poker Deposits

New Bill Would Tax 2 Percent of Poker Deposits

A companion bill to Barney Frank’s Internet Gambling and Regulation Enforcement Act was introduced in the House of Representatives last night by Washington State Congressman Jim McDermott.

McDermott’s Safe and Secure Internet Gambling Initiative would tax 2 percent of a person’s online poker or gambling deposits. The licensed sites would be responsible to pay the government the 2 percent of all deposits made for real-money play.
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