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Just one of many, many reasons incumbant republicans and most of you are in for a very rude awakening in 2 weeks.
Geoge Will= Good, old-fashion Republican who actual understands and abides by the principles of his party.
Republicans on Capitol Hill and in the WhiteHouse = Big Brother/Big Governement/Imperial PIGS!!!
Have a nice day!
Prohibition II: Good Grief
http://207.46.245.33/id/15265338/site/newsweek/page/2/
Originally Posted by altadawg
Gambling over the Internet has always been illegal. It is just starting to come to a head now because of its size. The government has taken the stance that the industry cannot be regulated, so they are just going to prohibit it. I do agree that these companies do business in the US, and they dont pay taxes. That is a valid concern. I think the US should go after some of the bigger internet gambling sites and try to work out a deal. I think people should have the right to do this, but I also dont want these gambling sites getting a free ride.
All I will say is this: This is a much more comlpex issue than meets the eye. I would say $6 billion dollars of gambling that goes untaxed is a big concern. Until we come up for a better solution to the problem, I don't think the parallel between this and prohibition is valid. It took a relatively long time for the taxation issues to be worked out with more traditional Interent commerce.
I'll also mention that the author says that someone must benefit and then it says "the state governments who support gambling". Well... that's us. The more tax revenue that is not taxed, the more we have to compensate. Let's face it, both at the Louisiana state level and the federal level, spending is not gonna go down due to decreased tax revenue.
I'm all for online gambling. I am against the government restricting your ability to do what you want if it doesn't cause harm to others. But I agree with dhuss that online gambling sites simply don't deserve a free ride.
Do any of you own or know someone who owns a business that has to collect sales taxes?
You want to venture a guess how much sales tax the U.S. collects from BILLION DOLLAR companies like Amazon, and EBAY? ZERO . Know how much state sales tax they collect? ZERO, unless the customer resides in the same state as the internet company.
Sure, they pay taxes on their earnings, but do you think that kindof setup is fair to the small business owner?? And we wonder why they(small retail businesses) are dropping like flies.
Also, two of the major internet companies offered to pay taxes to the U.S. government two years ago. One of them (not even the biggest player) said that if his company paid the same tax rate as they do to Great Britian, they would have written a check to the U.S Government for over $2 Billion dollars. And that doesnt include tax revenue that would be owed to each state. And thats just one company! THEY WOULD GLADLY PAY US THIS MONEY!!
We didnt want anything to do with it. We were(and are) scared of the growth, didnt understand it, so we ignored it until it became too big to ignore. So instead of figuring out how to regulate and tax it, they started making up lies(shocking, I know). My favorite is that these companies could be supporting terrorism. These are publically traded companies!!
Do you guys even know how this bill got through Congress? Frist attached it to the Port Security Act in the 11th hour so that it had to pass! It had no chance of getting to the floor for a vote on its own. Election year bully politics at its best.
Did I mention that exemptions were carved out for internet horse racing and internet state and US lotteries? Big shocker, there. Anybody know what your average expected return is on a $1 lottery ticket. About 50cents.... Who spends the biggest % of their income(stupidly) on the lottery? Hmmmm....
But its going to backfire. People are sick and tired of Congress. BUH BYE Incumbants.
I could go on and on and on....
Alright, Mr. Condescending... As I said, "this is a complicated issue". I can assure you I have read more papers on E-Commerce than I care to count. It's my professional field after all. So no message board post will accurately describe the state of it.
I know you said that this is one of many issues, but if you think internet gambling will really be an issue that gets incumbents out of office, you are kidding youself.
EDIT: I want to add, that I absolutely agree that if gambling is legal, then Internet gambling shuold be as well.
Last edited by duckbillplatty; 10-26-2006 at 01:52 PM.
Two companies offered to pay taxes huh? Whippie freakin do. How many internet gambling companies were there at the time? I think that internet gambling should be legal, so dont get all crybaby on us about it. I just dont think that companies should get a free ride on the money they make from the American people. Congress is probably scared that more people (alta) will lose their ass playing cards and give all of their money to overseas, in which we will only see a fraction of that back in taxes, to be honest. I dont agree with that, but that is probably their logic. I think they should regulate the industry for now, and let companies do it, but they need to make sure they go through the proper channels and pay taxes. Also, they need to make sure those people who make more than 600 dollars a year in the US get their 1099's in the mail.
Watch out now brotha. I agree 100% with your statement, but it can open up a can of worms with a lot of people. But you get a bigfrom the libertarian in me.
I'm with you Alta...just more government in my business. Granted I have a lot more money now, but having less fun.
And for the excuses for why they did this are bogus...."To save people from themselves"...please, it was the US casino lobby hard at work trying to get people back in their casinos.
I do have a question though....for cruise gambling (cruise ships), do the ships have to pay taxes once they get back into port? Do winners fill out a 1099 if they've won money in international waters?
Believe me, people can do what they want, in my book. If some idiot wants to go waste all of his money, fine by me. I have never believed in saving people from themselves, I also dont believe in helping someone unless they want to help themselves. I am sort of old school that way. The only reason why I brought that up is because Congress knows that is money flowing out of the US, and even if overseas gambling sites pay taxes it will only be a fraction of what they made on the American people. If a casino in the states gets your money, it will stay in the states and probably be used to grease a few filty palms. Congress cannot get greased from overseas firms.I'm with you Alta...just more government in my business. Granted I have a lot more money now, but having less fun.
And for the excuses for why they did this are bogus...."To save people from themselves"...please, it was the US casino lobby hard at work trying to get people back in their casinos.
I do have a question though....for cruise gambling (cruise ships), do the ships have to pay taxes once they get back into port? Do winners fill out a 1099 if they've won money in international waters?
dhsussdawg, if a person is injured in the street and needs medical attention but tells you not to call for help what do you do?
Well, if they dont think they need medical attention and is of sound mind and body per my judgement, I will not call.
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