BUSINESS

New US gambling tax bill hearing set for Wednesday

TAGs: legislation HR 4976

New US gambling tax bill hearing set for WednesdayThe House of Representatives’ Ways and Means Committee is to hold a hearing this Wednesday on legislation HR 4976, sponsored by Congressman Jim McDermott. The new bill would benefit state and tribal governments to the tune of an estimated $30 billion over ten years by preventing revenue leaving the US to overseas jurisdictions. Read more. And anyone who wants to watch the actual hearing unfold live on Wednesday, can do so online by viewing here.

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