A 40% tax rate on our gross earnings, which currently are split 50/50 with the company that provides our gaming services, if adopted, would mean that VFW Post 392 would only have 10% of the gross profits left over to use for approved expenditures (i.e., only $1,000 per every $10,000 in gross revenue).  Loss of this amount of the revenue generated by this IRS approved activity would result in out inability to continue operations with the proposed changes to the gaming regulations.