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New Jersey

Discussion in 'America the Beautiful' started by weesie, Apr 2, 2014.

    Apr 2, 2014
  1. weesie

    weesie Ueber Meister

    Occupation:
    retired
    Location:
    Old bag lady with a laptop
    Just in case you are interested:


    You must register/login in order to see the link.
     
  2. Apr 2, 2014
  3. rockycatt

    rockycatt meistercatt CAG MM

    Occupation:
    carpenter
    Location:
    Boston
    well Christyie's staff caused the problem

    New Jersey is now projected to end the fiscal year in June with less revenue than expected, the third straight year Gov. Chris Christie's administration overestimated revenue collections on which the state budget is based
     
  4. Apr 2, 2014
  5. Jasminebed

    Jasminebed Closer to 100 than Birth

    Occupation:
    Not in workforce
    Location:
    Ontario
    Interesting read. The projections were WAY off, not just a little.

    Are taxes withheld only on slot wins of over $1200? Or are they withheld from withdrawals? Since they take out-of-state players if they are physically in the state, how does that work?

    Realistically, few players end up ahead long term at casinos. With online play all your deposits and withdrawals are recorded, so when it comes tax time (which really will be April 2015 for an accurate picture), will they end up owing players refunds on taxes withheld?

    I think many online players are quite low rollers. I know I roll lower than I do when I go to the B&M.
     
    1 person likes this.
  6. Apr 2, 2014
  7. weesie

    weesie Ueber Meister

    Occupation:
    retired
    Location:
    Old bag lady with a laptop
    Lots of good questions Jasminebed!

    One thing I thought of too was if they tax the hell out of winnings at a "legal" internet casino, wouldn't that just make players want to continue with the other "available" on-line casinos??
     
  8. Apr 2, 2014
  9. bigjohn

    bigjohn Meister Member MM PABnoaccred

    Occupation:
    Swimming Pool Serviceman
    Location:
    Northeast Coastal USA
    Here in the US there are no NJ State taxes on any NJ casino wins, you only pay a Federal tax. State taxes are imposed on the casinos, not the players.
     
    2 people like this.

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