| Regulating Internet Gambling Would Generate Billions in New Revenue for Critical Government Programs |
Regulating Internet Gambling Would Generate Billions in New Revenue for Critical Government Programs
WASHINGTON, /PRNewswire-USNewswire/ January 31, 2008 - A new tax revenue analysis announced by Representative Jim McDermott (D-WA) estimates that regulating Internet gambling would generate between $8.7 billion to $42.8 billion in federal revenues over its first ten years.
The findings of the analysis, prepared by PricewaterhouseCoopers, were provided to all Members of Congress by McDermott earlier this week… http://www.redorbit.com/news/technology/1236959/regulating_internet_gambling_would_generate_billions_in_new_revenue_for/index.html?source=r_technology
McDermott letter, http://www.safeandsecureig.org/media/mcdermottfinanceltr.pdf
PricewaterhouseCoopers analysis, http://www.safeandsecureig.org/media/taxestimate.pdf
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