NTRA gets Withholding Elimination Bill Sponsor
 

Peggy Hendershot has been working on this for a long while... May be getting it done finally... On ATR as we speak.



http://www.drf.com/news/article/96835.html

Bill would eliminate withholding tax
By MATT HEGARTY

Rep. Charles Boustany Jr., a Republican from Louisiana, has introduced a bill in the U.S. House of Representatives that would eliminate the withholding tax on parimutuel winnings of $5,000 or more for bets that pay off at odds of greater than 300-1.

It is great that the bill was filed. However, it has about a zero percent chance of passage. The fact that the NTRA could not get a Democratic co-sponsor for the bill speaks volumes about its fate. With Republicans in the minority, no bill, regardless of subject or merit, will see the light of day without Democratic support.

Paul