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To: vpFREE@yahoogroups.com
From: "Phyllis" <PJSF1@VERIZON.NET>
Date sent: Tue, 23 Mar 2010 21:57:49 -0000
Subject: [vpFREE] Re: You betcha we have more insigh t-- -re: Health Bill and Video Poker
I hate to get involved in this conversation but... When the Federal Govt. makes unfunded mandates
that the states must provide then the states must raise the funds to pay for these mandates.
States must find a way (taxes/fees) to pay for the mandates. The money doesn't fall from the sky
but from our pockets.
--- In vpFREE@yahoogroups.com, Rprosdc <rprosdc@...> wrote:
*What in G-d's name does a particular state's treatment of gambling winnings
have to do with federal level improvements to health insurance (or with soft
drinks)? It's fun to blame Washington/politicians/Obama/Democrats but they
have little, if any, influence over your state's revenue policies.*On Tue, Mar 23, 2010 at 1:55 PM, mikeymic <mikeymic@...> wrote:
>
>
>
>
> --- In vpFREE@yahoogroups.com <vpFREE%40yahoogroups.com>, "Dom"
> <domdujour@> wrote:
> >
> > You betcha we have more insight...not that any is required.
> >
> > To help pay for the Plan, high income families and individuals will see a
> modest additional tax on investment income. Your suggestion that this is
> similar to a tax on soft drinks is not supported by any facts. The bill
> makes no mention of comps or video poker. Here is what it does say:
> >
> > Medicare Payroll tax on investment income -- Starting in 2012, the
> Medicare Payroll Tax will be expanded to include unearned income. That will
> be a 3.8 percent tax on investment income for families making more than
> $250,000 per year ($200,000 for individuals).
> >
>
> I am far more concerned with the individual states taking a share of
> gambling winnings while disregarding losses. If the trend continues, even
> close to 100% games that generate W2-Gs will never be anywhere near playable
> again. The upside? It could revive play in "no state income tax" places like
> Nevada for residents.