Post
Topic
Board Gambling discussion
Re: Big companies finally had enough of the excessive tax
by
South Park
on 04/07/2021, 17:29:27 UTC
Now this is not just :
Unsustainable and unreasonable but according to them "ill timed", their whole sponsorships will be effected. This high taxation will also cause gamblers sore.

During pandemic the gambling is a huge income source for them and the government alike. Therefore I do believe that either they should have done it slowly or done it after the pandemic.

They are now asking the government to reconsider it.
{This is exactly the kind of news we need because this shows how the democratic countries can move forth and oppose such things, not always the tax is legit if served by the government during such times}

What do you think ?

https://www.gamblinginsider.com/news/12178/kenyas-biggest-football-clubs-join-forces-to-oppose-new-tax-rules
Governments all over the world are raising taxes in order to recover some of the money they lost during the pandemic and they could not have chosen a worst time in order to do it, the economy is weak, in fact they should be doing the opposite and trying to do their best to get smaller but that is never an option so they are going to raise the taxation on every single industry that they can and I will not be surprised if they kill a few industries due to this increase in the taxes corporations need to pay.