Stu_Ungar
Legend
Silver Level
And I Hope that they start taxing online poker. But only if they figure the tax and regulate the sites along lines similar to the Nevada Gaming Commission.
Well if they started taxing in the US then it should start getting easier to join poker sites too.
Here in the UK income from gambling is not taxed... it seems a strange notion to tax it.. simply because if you can tax, it allows people to offset gambling losses against their tax bills.
Just seems a huge tax scam waiting to be exploited.. people offsetting their tax bills by loosing large amounts of money to companies that suddenly vanish.
Thats essentially the jist of why the government here doesn't get involved with trying to tax gambling income!!!