Representative Jim McDermott introduces Internet Gambling Tax Act as complement to Rep. Franks bill

Casino Watch Focus reported that Rep. Franks introduced a bill to legalize internet gaming.  Now, an online gambling source is reporting that a complementary bill has been introduced:

Shortly after Congressman Barney Frank (D-MA) introduced comprehensive internet gambling legislation on Wednesday, Congressman Jim McDermott (D-WA) introduced the Internet Gambling Regulation and Tax Enforcement Act, HR 2268.

The companion legislation to Frank’s bill will allow the United States Government to extract tax revenue from the internet gambling industry… Individuals are expected to pay income tax on any internet gambling winnings.

For more information on the dangers of gambling, please visit CASINO WATCH, & CASINO WATCH FOUNDATION

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