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Save Online Poker and Social Security together

(2 posts)
  • Started 1 year ago by James Petersen
  • Latest reply from Gary Reed

  1. James Petersen
    Member
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    Why cant the lawmakers offer an open bid to control legal online poker in the US and take a small rake for the Social Security. A third party could do all the record keeping ( taxes, money transfers ) and take 10 cents per hand up to 50 cents per hand and pass it along to the Social Security. This covers the governments concerns about money laundering. All the SSA would have to do is cash the check. An open bid for rights to operate a monopoly in the US would allow the land based casinos a chance to get in on the very large rake.

    Posted 1 year ago #
  2. Gary Reed
    State Director & Moderator
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    Existing Federal Law that established the FICA or Social Security program specifically spelled out where the money comes from and who it goes to. Such a basic and systemic change as you propose would require a total rewrite of the program and that would never pass Congress or a vote of the people. Good idea, can't happen.

    Posted 1 year ago #

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