Post
Topic
Board Gambling discussion
Re: Gambling winnings should NOT be taxed
by
swogerino
on 03/07/2024, 20:46:52 UTC
Your government may not need additional taxes so they prefer not to tax its people because the Australian economy is robust, but other countries are not that robust they need additional funding so instead of resorting to borrowing from local and international banks they prefer to tax the gambling sector.
I have seen how taxing the gambling sectors can do to one's economy because I'm living in a country where so many things are being taxed, and gambling is one of these.
Our country takes 20% of the cut in the winners' winning besides different taxes within the gambling sector, our government is good at collecting these taxes.
Damn, is your country the same as mine?

Recently, a country very famous for its high taxes (brazil), the discussion about means of applying taxes has been increasingly frequent, even talking about 'sin tax' for games of chance, with the excuse of discouraging gambling sector. But they will continue to collect, the government doesn't care about collective health, so this is just an excuse for them to give the population to justify this high tax rate.

I agree with this.Most governments do not care at all about the health of the population,in Albania in 2019 were applied the same rule going on Brazil now,guess what it appeared to be beneficial to the people and then immediately made a boom of illegal gambling activities popping up in every single coffee shop or better ex lotto shop who were turned into coffee shops.The owners were smart,they used VPN-s to access bet365 or alike websites and they deposited quite a lot of money of their own there for their balance and kept playing for people,they took 10 dollar from a guy who wanted to place a bet on a multi triple ticket for example,Brazil,Netherlands and Argentina to win their games,if he won the money was kept in the owner account of bet365 and the owner manually paid cash to the player,the government was totally out of the equation,so much out that they now in 2023-2024 legalized again more than the biggest casinos and now everything is going back almost to like it was before 2019,it does not work like this,gamblers always find a way  Grin.