View Single Post
Old 08-10-2008, 12:46 PM   #1
alydar_ David
Grade 1
 
Join Date: Jun 2005
Posts: 2,654
New Bill Targets Pari-Mutuel Withholding

"H.R. 6631 Would Eliminate Automatic 25% Federal Withholding Tax

The Pari-Mutuel Conformity and Equality Act of 2008 (H.R. 6631) was recently introduced in the U.S. House of Representatives. The bill would eliminate the automatic 25 percent withholding on pari-mutuel winnings of $5,000 or more. Your U.S. Representative needs to hear that you are a horseplayer, you vote and that you want them to cosponsor H.R. 6631. We urge you to contact your U.S. Representative and build support by sending the letter below."

http://www.capwiz.com/ntra/issues/al...ertid=11739961
alydar_ David is offline   Reply With Quote