Thread: Internet Gambling Regulation and Tax Enforcement Act Introduced Today
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Old 06-08-2007, 11:47 AM
buddyboy buddyboy is offline
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Join Date: Sep 2000
Posts: 1,455
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in the US you get dinged 3X

once when you buy the ticket (100% tax)
again if you win (income tax)
again when you spend it (sales tax) or when you die (estate tax)
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