The federal tax on sports wagering is just 0.25% today If it was raised to 5%, it’d generate $97 billion in revenue over a decade At 5%, it’d be the fifth-largest federal excise tax Plenty of states aren’t shy about raising sports betting taxes or considering such moves. It may be time for Uncle Sam […] The post 5% Federal Sports Betting Tax Could Raise Nearly $100B, Says Policy Group appeared first on Casino.org.
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