Saturday, February 02, 2008

The purpose of government

It seems that Lou Krieger thinks the purpose of government is to confiscate money.
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.

3 Comments:

Blogger Dr Zen said...

What I would be worried about is that the US tries to "regulate" sites that are not American, and the sites, fearing another, stricter ban, go along with it, and I end up paying for your roads and stuff.

4:39 AM  
Blogger Gary Carson said...

Just the idea of regulation of the internet is a bad idea. First amendment and all that.

11:53 AM  
Blogger DMW said...

I read somewhere that in the old days, you needed to pay a cut from your poker game to the local mob boss for gambling on his territory. So we have to give Uncle Sam a cut for playing here.

9:40 PM  

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