Long Odds For Online Gaming Legislation In US
crimeandpunishment writes "The odds of Congress passing legislation to legalize and tax online gaming are probably no better than those of filling an inside straight, but some lawmakers are pushing for it anyway, hoping to lay the foundation for future passage. At a hearing Wednesday, one lawmaker cited numbers from industry analysts that Americans bet nearly $100 billion a year on the Internet, generating $5 billion for offshore operators. He said laws to prevent online gaming are no more effective than Prohibition was to alcohol."
They will probably just attach it to the net neutrality bill.
Knowledge = Power
P= W/t
t=Money
Money = Work/Knowledge so the less you know the more you make
NewSpeak is not spoken here. The word you are looking for is gambling, not gaming. Big difference.
I'm sure that depends on who you talk to. Lots of people made lots of money because of Prohibition.
XML is a known as a key material required to create SMD: Software of Mass Destruction
I find it strange that there is a discussion about this issue at all. What people do with their money as long as they aren't hurting others is their business. The government has no right to snoop around and play Big Brother.
Moreover, it gets even more ridiculous due to the sheer hypocrisy of it all. The government is just fine with lotteries or land-based gaming interests (with powerful lobbies) but suddenly when it's online everything changes. They want a piece of the pie but are too stupid to know how and so they try to destroy everything.
The whole thing is completely absurd and incoherent - especially when it comes to poker. Poker is not even gambling, it's a game of skill. It's not chess but the skill element is still undeniable - as players who've won millions of dollars over millions of hands have proven. It could almost be considered a branch of applied mathematics for some forms that are almost solved like limit holdem. Yes, luck plays a big role in any hand but once you get to a reasonable sample size like 100k hands or more it's negligible. I play poker in my spare time and I think it's an interesting challenge that also helps me better understand myself. The variance and multitude of situations will help you become more disciplined, aware when you're not at peak performance and help you deal with failure better. Poker players constantly face failure even when they are ahead but good players don't let it affect them and play the same logical, disciplined game - weighing the odds and understanding their opponents. Online poker is still legal but the thought of the government intruding into one of my hobbies disgusts me.
No it shouldn't be taxed. People should only be taxed for what they use, when I buy an online good for physical money what service of the government am I using? I use paypal which is a private company to use my private credit card on a private site to get something online which go through the privately owned internet lines which I pay for out of my own pocket, to another privately owned server where I play my game.
Pay for what you use, the government doesn't even enter into the equation except for a very, very, very, small amount. Such exchanges should never be taxed. The government should be a service provider, nothing more. If you don't use the service for a transaction you don't have to pay. Taxing such things is like adding shipping and handling to them, they don't need it so it shouldn't be paid.
Taxation is legalized theft, no more, no less.
They will probably just attach it to the net neutrality bill.
Why would they attach it to something that was even remotely related? When they passed the current ban it was attached to the "Safe Ports Act". It's a common practice to attach unrelated amendments to popular bills (What, you don't want safe ports? You terrorist!), I'm sure they will just attach a new ban on the "Safe Children Act" or the "America, Fuck Yeah! Act".
Enigma
Yes you should. By that argument my income should not be taxed.
That brings me to an interesting point, / . is just "the ramblings of socially-inept, technology-literate news-mongers".
... Those transactions should be taxed. ...
Why? What is this statement based on?
Just going through life, assuming that everything "should be taxed" is ridiculous! This thought process of feed the machine so it can take care of us, is just plain naive.
So the government can spend more money, duh.
"Ubuntu" -- an African word, meaning "Slackware is too hard for me". - stolen from Dan C alt.os.linux.slackware
People should only be taxed for what they use, when I buy an online good for physical money what service of the government am I using? I use paypal which is a private company to use my private credit card on a private site to get something online which go through the privately owned internet lines which I pay for out of my own pocket, to another privately owned server where I play my game.
That's all well and good, I suppose. But when you pay money for an online good and the seller reneges on the deal to deliver, just don't come crying to the government-run courts or police, okay?
... and that's when the C.H.U.D.'s came at me.
...Because after all the world is going to grow even larger so we need even more nuclear weapons?
Taxation is legalized theft, no more, no less.