Yeesh, one tax blogs take:
http://www.taxabletalk.com/posts/1239927260.shtml
The gambling tax is particularly bad. The new tax is 10% on all gambling winnings above $600. While proponents noted that it would only impact big-time bingo games, what will be the impact on New Hampshire residents who head to a casino? The way the legislation is written it could impact professional gamblers residing in New Hampshire, and subject them to a 10% tax on their winnings. (Frankly, the legislation is so poorly written towards gambling that it will take court cases to determine what is or isn't being taxed.) I for one don't think it's worth taking a chance and for the professional gamblers out there it's definitely time to consider voting with your feet.
And as one other message board put it, the way it's written, it looks like say I bet $10,000 for the year and get back $9000 - I OWE New Hampshire $9000 on top of having lost $1000 on the year.
Need to get this figured out...