In hindsight, to me Black Friday looks like a deliberate attempt (conspiracy)by elements in the Department of Justice to create another cash cow for the Feds and the States in the form of taxes. Isn't the IRS in the Department of Justice? Not long after knocking out the offshore poker sites, the DOJ issued an opinion that nothing prevented a State from legalizing online poker for it's residents. What a coincidence. I think DOJ knocked out the offshore sites simply because they weren't getting a slice of the pie.
They couldn't tax the offshore sites. If you had an account with one of the offshore poker sites, in effect you had an offshore bank account. Some sites, like Party Poker, even payed interest on deposits. Winning U.S. players weren't paying incme tax. Nothing pisses off the Feds more than someone not paying income taxes.
So now Nevada is leading the way with the first legal poker site. More States are sure to follow. And compacts between the States to increase player pools are sure to follow. Here's some advice for all you winning players. If you don't pay income tax on your win the Feds will be on you like white on rice.
I'm gonna try to start a grass roots movement in Montana to legalize online poker. I'm gonna start with letters to my Senators and Congressman heralding the cash cow, in the form of taxes, it would bring to the State. There's nothing politicians like more than spending money.
I already know where the opposition will come from, besides the religious fanatics. The Montana Tavern Owners Association is a powerful lobby in this State. I've seen them in action before. A liquor or beer and wine license entitles the owner to up to 20 multi-game machines (video poker, video keno, line games) for their establishment. The MTOA will see online poker as a threat to their income.
As it stands, I would have to give up a pretty good income by moving to another state just to play online poker.
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