Quote from: matchi2011 on Today at 05:44:27 AM

Quote from: bryant.coleman on November 29, 2020, 01:31:10 PM

Quote from: Japinat on November 29, 2020, 12:06:20 PM

Who does not need money in the present time, we are all affected with the pandemic, even the richest country have struggled economically. Argentina is just raising their taxes on casinos, but they are already allow them to operate so they already know that gambling taxes is a big source for tax income and they also know that even if they will raised the tax, it will not affect the industry a lot compared to other industries.

This is not the time to raise taxes, unless you want the businesses to go bankrupt. Casinos and other businesses have seen a disproportionate decline in their revenues. Many of the small and medium sized casinos have closed down, unable to pay the wages to their employees. At this time, it is ironic that the government is going ahead with a tax increase. Sometimes I think that these Latin American politicians use some organ other than brain to make the decisions.

Awts! seems you nailed it if we speak about realities, this pandemic hits every businesses, though online casinos able to manage but the volumes of money is no longer the same compared to normal situation.

This is not the time but government are only seeking for resources where they can resort for extra money to use, hard for everyone but if it's already been approved nothing that they can do to refuse.

What the government did is just normal because a lot of citizens are affected because of the pandemic and their government need to have extra funds in order to help those affected. The funds of the government are from the taxpayers and the number of the gamblers who are paying tax in Argentina is huge and the 5% increase is a big help for them to increase the funds. For gamblers like me, I do not know if I will got affected if the government in my country decide to increase the gambling tax like what Argentina did. For me it is all about passion and gaining fun, I will not be got affected so much if our government will also increase the gambling tax into 5%.