4 ms·
So how much money would they get if online gambling were legal and taxed. I would bet it's a TON more. But we're Americans. We can't think further than 3 secon
by jameskilton 15y ago
So how much money would they get if online gambling were legal and taxed. I would bet it's a TON more.
But we're Americans. We can't think further than 3 seconds into the future. Thanks for stealing my poker money guys, you're really looking out for the people.
- gamble 15y agoThey (the police) would get nothing if gambling was legal. Gambling revenue goes into the general fund and typically offsets tax cuts or increased spending in some other area. Police departments only benefit when a crime is committed, because they can seize property without losing any of their already allocated funding.
- mcantelon 15y agoAlso politicians likely get kickbacks from the big players in gambling to the little guys down.
- deleted 15y ago[deleted]
- ryanwanger 15y agoInterestingly, a lot of people who were making a living from online poker WERE paying taxes on that money. Come April 15th, the IRS doesn't care how you got it.
- anonymoushn 15y agoIf you report income as coming from sale or manufacturing of illegal drugs (or similarly illegal organized crime type business), you go to gaol. I'm not sure how to properly report drug money on a tax return, though.
- redthrowaway 15y ago>I'm not sure how to properly report drug money on a tax return, though. You don't, they just nail you for tax fraud (a felony) when you go down. This is just a way to prosecute people without having to collect all that pesky evidence.
- deleted 15y ago[deleted]