What next pull tabs? 

When a gambler wins $1,000 on a pull of the slot machine, it's customary for her to yell "Jackpot!" Soon she may be forced to add another exclamation: "Paperwork!"

The IRS has proposed a rule that would reduce the size of the winning that would lead to the immediate filing of a tax form (called a W-2G) from $1,200 to $600. That might not sound like a big deal, but the prospect has the casino industry up in arms, and analysts and consultants warn that it could put a serious damper on gambling profits.

more @
http://www.cnbc.com/id/102806037?__source=xfinity|mod&par=xfinity

Quote from: walkstall on July 02, 2015, 11:52:50 AM
  What next pull tabs? 

When a gambler wins $1,000 on a pull of the slot machine, it's customary for her to yell "Jackpot!" Soon she may be forced to add another exclamation: "Paperwork!"

The IRS has proposed a rule that would reduce the size of the winning that would lead to the immediate filing of a tax form (called a W-2G) from $1,200 to $600. That might not sound like a big deal, but the prospect has the casino industry up in arms, and analysts and consultants warn that it could put a serious damper on gambling profits.

more @
http://www.cnbc.com/id/102806037?__source=xfinity|mod&par=xfinity

This administration never ceases to amaze. They are hell bent in destroying every business in the U.S..

The free spending feds are always looking for new sources of revenue, this is just the start.