Post
Topic
Board Gambling discussion
Re: How is wealth distributed through Gambling
by
Marvell1
on 21/07/2025, 13:23:50 UTC
The poor gamble to improve their financial situation but they often lose their wealth and the casino developers get the profit and the government has to pay a certain amount of tax this is only a part of the money most of the money casino developers get. However, the number of gamblers can be more or less depending on the country and place and the government gets very little tax from the casinos. Because most casino companies pay less tax than the government due by manipulating.

Most of the taxes of a government come from ordinary consumers the amount of tax received from casinos is very small. To keep a country's economy running, there is a balance between the exchange of money such as going from the rich to the poor and from the poor to the rich and this is important for a state system.

Casinos do not every time send back consequential tax revenue to the public. In numerous cases, gambling taxes are extremely regressive, with a substantial clash on low-income gamblers who spend a immense part of their stash on gambling. meantime, casino clubs occasionally apply tax optimization strategies or lobby for lower charge, which helps along reduce public take. Even where revenue is raised, it often supplements rather than grow major public services. If you are concerned, you may notice that casino revenue many times fails to offset budget cuts or relevant structural upgrade over time. So yes, even when govt stimulate gambling revenues as a public welfare, the authentic redistribution to the poor is inferior, so making the "rich get richer" toy much more practical.