Rahm Emanuel Targets Online Gambling With $50 Billion Tax Plan to Counter China Threat

Former Chicago Mayor Rahm Emanuel is pitching a 10% federal levy on all types of online gambling, including prediction markets. Former Chicago Mayor and U.S. Ambassador to Japan, Rahm Emanuel, has unveiled a proposal to impose a 10% federal tax on online gambl
Former Chicago Mayor Rahm Emanuel is pitching a 10% federal levy on all types of online gambling, including prediction markets. Former Chicago Mayor and U.S. Ambassador to Japan, Rahm Emanuel, has unveiled a proposal to impose a 10% federal tax on online gambling and prediction markets, aiming to generate up to $50 billion annually to […] The post Rahm Emanuel Targets Online Gambling With $50 Billion Tax Plan to Counter China Threat appeared first on Gambling Insider.