Poker Players Tin bóng đá M88 Alliance

Mansion88 mới nhất 2014

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If appropriate legislative action were taken, potential sources of revenue would come from tax revenues from individual income taxes, user fees, and corporation income taxes. Revenue associated with individuals would simply be the income tax paid on their winnings. Conservative estimates suggest that individual income taxes alone would increase Federal revenues by approximately $2.5 billion each year. Revenue associated with corporations would result from those Internet gaming businesses that locate in the U.S., and as other U.S. corporations do they would pay income taxes on the net revenues associated with their business activity. Additionally, many industry analysts anticipate that such land based casinos as Harrah’s, MGM, or Trump would immediately enter the online market if legalized.

The UIGEA is causing the U.S. to miss out on billions of tax revenue that wouldn’t come from existing taxes or even increasing the federal deficit. The act prevents casinos and legal card rooms based in the U.S. from entering the online poker market that continues to grow and expand, supported in large by US activity. Also these Internet poker companies are located offshore, meaning all this potential tax revenue from American players is going off to other countries. According to a report from the Poker Players Tin bóng đá M88 Alliance; to the extent that casinos based in the U.S. would enter the online poker market or that offshore companies would relocate in the U.S., income taxes on corporate profits alone would result in approximately $350 million in additional tax revenue. In addition to Federal revenues, it is expected that these businesses would be subject to state taxes as well. For most states income tax systems determine state tax liabilities based on the Federal tax base. As the Federal base increases, it is likely that state revenues would increase by approximately $1 billion.

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