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US Rep. introduces revised Internet gambling bill
United States Member #392 June 8, 2002 5633 Posts Offline
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| Posted: May 17, 2010, 2:10 pm - IP Logged |
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If "they" means Congress, they never actually outlawed Internet gambling. What they did was stop money transfers from U.S. banks to Internet gambling sites. The biggest effect was to Online casinos and bingo games and most of them were forced to shut down. Basically if the sites issued players a check, no U.S. bank could cash it. The Online poker sites where less effected because of the large volume of foreign players and most of those sites have found other means for U.S. players to maintain real money accounts.
Some states enacted bans on any Internet gambling even though they still haven't a clue as how to enforce it. There is Constitutional question on if states can ban residence from visiting any website originating from another state or from another country too.
The IRS can require state lotteries to withhold taxes on winnings over $5000 and issue W2-Gs on winnings over $600. There is a problem of how to tax the online winnings because the IRS has no jurisdiction outside the U.S. where the Internet gambling sites are located. That is pretty much the reason why Internet Gaming Bill is still stalled in committee. If you walked into a restaurant and asked for service and the proprietor said he/she would not accept your money, you’ve been banned from service pure plain and simple.
>Michael
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United States Member #4366 April 9, 2004 14745 Posts Offline
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| Posted: May 17, 2010, 2:21 pm - IP Logged |
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The crime should not be Internet gambling -- rather, it should be a crime to tell people what they can and can't do with their own money.
I know the government looks at any form of gambling as a new revenue stream, but in reality any taxes should exist on Internet gambling only in large enough amounts to self-fund the regulatory body necessary to prevent scams. Well said Todd -
"The crime should not be Internet gambling -- rather, it should be a crime to tell people what they can and can't do with their own money."
Now that's what I'm talking about. They (big brother- gov't) interfere so much that the average person now thinks it's a privilege to think for themselves!!
Love, peace and abundant blessings!!
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Carters Lake, Ga. United States Member #5406 June 29, 2004 1050 Posts Offline
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| Posted: May 17, 2010, 6:09 pm - IP Logged |
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The internet sites pay $900 for a pick 3 straight.
The states pay $500.
Do you think this will fly??
ez  ........ in the long run........
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Fayetteville, Georgia United States Member #3661 February 2, 2004 1271 Posts Online
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| Posted: May 17, 2010, 6:26 pm - IP Logged |
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Does anyone know when they will vote on it?
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Tucson United States Member #63900 July 27, 2008 96 Posts Offline
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| Posted: May 17, 2010, 9:23 pm - IP Logged |
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I've been gambling online for YEARS. I have never had a problem depositing money or getting paid. Been doing it since about 1985. Now the FEDS are realizing that they are missing out on a LOT of money in potential taxes. What a bunch of idiots. Sometimes your odds are better gambling online. It just really depends on where you gamble. I have made a ton of money gambling online. It is about they legalize it. The possibilites are endless.... might as well start at the begining
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Texas United States Member #86178 January 30, 2010 498 Posts Offline
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| Posted: May 17, 2010, 9:53 pm - IP Logged |
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The crime should not be Internet gambling -- rather, it should be a crime to tell people what they can and can't do with their own money.
I totally agree, are you idiots in Washington listening?
Tea Party, Coffee Party any other party, it's our rights as Americans.... are you idiots in Washington listening??
It's Our Freaking Money; we can do with it What the Freak we want.
I am sick of these boobs in Washington telling US what the freak we can do with our money!
We earn it; we pay tax on it so we can do whatever we want. I might point out that before the ban on Internet gambling and money that we earned, oh what a nice term "EARNED" was spent right here in the good old US of A, so it helped the economy. You jerks put a stop to it and so goes the economy.
Now don't get me started on the oil companies headquartered overseas that just had a hand in the biggest oil spill in America that petioned a court to limit it's liability...what are you going to do about that MR Representative?
Spend less time telling US what we can do with our money and more time doing what we sent you to Washington to do.
>Michael Amen, Amen, and Amen. If people go to work and earn their money, then they're entitled to spend it the way the want. If they are fortunate enough to make or win money through something they are at losings odds with, they should definitely be able to keep 100% of it.
The government is just greedy and wants to have its' hand in every little penny existing...SO THAT THEY CAN GO AND WASTE FOR US!!
All I can say is write your congress and tell them exactly as you've all stated here. They already get part of the money we work for. Why should they be entitled to any of what we've "played for???"
L.L.
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United States Member #4650 May 4, 2004 4586 Posts Offline
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| Posted: May 17, 2010, 9:54 pm - IP Logged |
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The internet sites pay $900 for a pick 3 straight.
The states pay $500.
Do you think this will fly??
ez Maybe once a person pays all the taxes and other charges, you might just get $500 or much less.
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Charlotte NC United States Member #17704 June 18, 2005 3605 Posts Offline
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| Posted: May 17, 2010, 10:29 pm - IP Logged |
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Question. How are they going to make the off-shore people cooperate?
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United States Member #13375 March 30, 2005 1508 Posts Offline
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| Posted: May 17, 2010, 11:17 pm - IP Logged |
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Question. How are they going to make the off-shore people cooperate? No need to, they just get the banks to allow or disallow the transaction. You should have stopped them at the dinner roll. End the Fed.
No Taxation Without Representin'
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Hamilton, OH United States Member #4236 March 27, 2004 198 Posts Offline
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| Posted: May 18, 2010, 12:18 am - IP Logged |
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Amen, Amen, and Amen. If people go to work and earn their money, then they're entitled to spend it the way the want. If they are fortunate enough to make or win money through something they are at losings odds with, they should definitely be able to keep 100% of it.
The government is just greedy and wants to have its' hand in every little penny existing...SO THAT THEY CAN GO AND WASTE FOR US!!
All I can say is write your congress and tell them exactly as you've all stated here. They already get part of the money we work for. Why should they be entitled to any of what we've "played for???"
L.L. Tuesday is Soylent Green day, make room, make room. It is coming. The government already considers the American people livestock fattened for the slaughter. I should consider moving if there was a place where there was a government that wasn't a separate entity rather than a true representative body. We don't need the Visitors from the V series to come eat us, we have our tax and spend elected officials.
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Ohio United States Member #50440 February 21, 2007 7869 Posts Online
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| Posted: May 18, 2010, 1:01 am - IP Logged |
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Question. How are they going to make the off-shore people cooperate? If they are from another Country they don't have to co-operate do that??? I was wondering about that? I like things the way they are. I want all my money. Don't you? Blessings to everyone let's get this Cash Money !
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Ridge Runner Tennessee United States Member #74415 April 28, 2009 2825 Posts Offline
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| Posted: May 18, 2010, 5:57 am - IP Logged |
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If they are from another Country they don't have to co-operate do that??? I was wondering about that? I like things the way they are. I want all my money. Don't you? "I was wondering about that? I like things the way they are. I want all my money. Don't you?"
Heh, heh, heh.
You're kidding, right?
No Marcie, the party's over, we all have to pay more taxes now for all the new government programs. He could take all of the rich peoples' money and it still wouldn't be enough. We will all be giving more and more and more to pay for it all. Ain't this hope and change nice? Yes he lied, but at least he's cool! Yes we can! Yes we can!
Think you won't pay "one more dime" in taxes? HA HA HA HA HA HA HA! LMAO! Can you see the forest out there or do the trees keep gettin' in the way? "Diligence is the mother of good luck" ~Benjamin Franklin~
"Here's my strategy on the Cold War: We win, they lose" ~Ronald Reagan~
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Ohio United States Member #50440 February 21, 2007 7869 Posts Online
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| Posted: May 18, 2010, 10:39 am - IP Logged |
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LOL!! No the Trees keep getting in the way Yo Yo!! The parties just started!!
More Money more money!!! We pay taxes all the time. Yeah some more dimes! Blessings to everyone let's get this Cash Money !
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GO TIGERS here and there United States Member #82269 October 28, 2009 1305 Posts Offline
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| Posted: May 18, 2010, 4:56 pm - IP Logged |
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I've been gambling online for YEARS. I have never had a problem depositing money or getting paid. Been doing it since about 1985. Now the FEDS are realizing that they are missing out on a LOT of money in potential taxes. What a bunch of idiots. Sometimes your odds are better gambling online. It just really depends on where you gamble. I have made a ton of money gambling online. It is about they legalize it. Darlin, loose lips sink ships, if you don't think the states have someone monitoring this site , you'd be very wrong. Internet gambling in the us is illegal. not judging just saying be careful.
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Monticello georgia United States Member #71168 February 8, 2009 951 Posts Offline
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| Posted: May 18, 2010, 5:27 pm - IP Logged |
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Darlin, loose lips sink ships, if you don't think the states have someone monitoring this site , you'd be very wrong. Internet gambling in the us is illegal. not judging just saying be careful. I agree with you. I think it should be legal to do as we please. They should mind there own business. They got
to much money that's why they're always mess with us. I also think that they need to leave people along
that have the machine in there stores. Sometime when I watch TV and leave the room I come back
and my cable logo is going across the screen, and I wonder I'm paying for this why isn't my program still
going as long as I want it to.
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