The purpose of government
According to the Safe and Secure Internet Gambling Initiative, a new tax revenue
analysis announced by Representative Jim McDermott (D-WA), pictured left,
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.
Why does the government need the money? Why, to pay PricewaterhouseCoupers to do more studies for them, of course.