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Thursday
Jul292010

Congress May Lift Ban On Internet Gambling, But Could Tax Winnings

DateThursday, July 29, 2010 at 9:51AM | AuthorStaff | | | Print ArticlePrint Article

The New York Times reports that Congress is considering lifing a ban on internet gambling that was put in place 4 years ago. Businesses that run online gambling would be taxed, as would winnings, similiar to how live gambling in casinos and other places is taxed. Supporters say the taxes can raise as much as $42 billion in the next 10 years…

 

-Rob Sanna

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