Tag Archives: S3108

A new bill that would advance the legalization and regulation (and taxation) of online gambling in the United States on a national scale has been introduced to U.S. Congress by Senators Judd Gregg and Ron Wyden. The bill, S3108, or the Bipartisan Tax Fairness and Simplification Act, is, on the surface, an ambitious effort to overhaul a great deal of tax laws and regulations in the United States. Described by the media as a call to dramatically lower taxes on big corporations, which would result in cutting corporation tax from by 11 percent to a flat rate of 24 percent …