Silver Charm Wrote:
-------------------------------------------------------
> Well those are the current rules. Not these might
> be the rules or could be the rules. We are not
> there yet. Voight only has power now because
> Schumer shut the government down, Anything else
> requires an act of Congress,
>
> Aren't Powerball Winnings taxable? So why would a
> $500,000 Pick 6 or 10 Play Sports Parlay be
> exempt?
>
> If ALL horse racing winnings get reported then so
> should the corner convenience store scratch off
> for $100. But we are not there yet. Not even
> close. States are involved here too and they need
> this income.


Powerball and scratch off tickets are impossible to track.

Wagering platform information is incredibly easy to track.

The number they want tracked is an incredibly easy number -- all annual cashes by customer ID. It is significantly easier to report than signers. This is a tax on gambling - you don't think churches will show up in the IRS Rulemaking and point out how easy it is to administer this new gambling tax? The hard part is already done - implementing the gambling tax - administering it is far easier.

Vought and Trump have the power even before the shutdown, we are way down the path of the legislature ceding its authority to the executive. It is not even a close call.

This is akin to the frog in the water seeing the flame turned on and saying oh, there is nothing to worry about, lots of stuff needs to happen before the water gets too hot.

This is plain and simple an outright tax on gambling. I guess there is no sympathy for gamblers. This is Dr. Seuss - we are all trees and we have no Lorax speaking for us.