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Wednesday, December 28, 2011

Obama's New Tax on the Poor

Christian Science Monitor, Obama's New Tax on the Poor: Internet Gambling by States:

The Obama Justice Department quietly issued a legal opinion – just before a long Christmas weekend – that allows states to set up nonsports Internet gambling. The opinion upends decades of contrary decisions, but its real effect will be on the poor (and young) who suffer the most from gambling.

(Hat Tip: Ann Murphy.)

http://taxprof.typepad.com/taxprof_blog/2011/12/obamas-new-tax-.html

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Comments

I like how we have to resort to analogies to determine an indirect tax on the poor.

Posted by: Donna | Dec 29, 2011 2:57:20 PM