Topic: Argentina raises Gambling tax (Read 2917 times)
Good for all gambler that is gambling all the time in the gambling center in the country. With the tax the government has imposed to the Argentina gambler show that, the government will improve all the gambling center in the country to enable the gambler to gamble very well, to make enough profit from their bet. Many gambler that will continue losing in the gambling center which the government is trying to create something good for them to recover their money back, if truly they always pay their tax in the gambling center.
Why would people pay for the taxes? it's the gambling operators that will pay taxes to the government, people are already losing money to these gambling operators, so that's even bigger than paying taxes, I don't get your point.
I agree, they should not impose the taxes to their users, they are making a lot of money, from their clients, they are the one should take the burden of the taxes, gambling sites are not selling products so they cannot add the taxes to their products.
The taxes that the government is imposing is for them to have a support coming from the government.
That's why I was confuse because some were thinking that it's the users who are paying the taxes when in reality, users are the one spending money to make the casinos profitable. Maybe there are countries who are really strict with imposing taxes, like if you won money in casinos, your winning is taxable, but that one is quite complicated to me.
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Gambling (taking big risk, whether in bets or other area) is actually bad and very risky. It's immoral to tax and benefits from things that are bad for people
If it is immoral, why are you promoting Bitvest casino in your signature space and (oh, no!) profiting from the casino?Well, I never said profiting from safe/responsible/good bets is immoral. I am specifically referring to profiting from betting sites/centers that allow customers to take big risk (gamble) or those that allow customers to bet irresponsibly/unsafely. Please do you see anything irresponsible and unsafe about the company I promote?
Why would people pay for the taxes? it's the gambling operators that will pay taxes to the government, people are already losing money to these gambling operators, so that's even bigger than paying taxes, I don't get your point.
I agree, they should not impose the taxes to their users, they are making a lot of money, from their clients, they are the one should take the burden of the taxes, gambling sites are not selling products so they cannot add the taxes to their products.
The taxes that the government is imposing is for them to have a support coming from the government.
Government has no other option but to raise taxes in order to increase their revenue, they are bailing out people affected and that is coming from their budget, and I don't think government would increase taxes without consider all the necessary factors before making a decision.
But the government can raise their taxes step by step, so people are not worried if they can not pay the taxes. It will need wisdom from the government to think about their people, so their people can still pay the taxes, and people will not make an objection with the new regulation from the government. I think if there is a discussion between the government and the people, the problem will be solved, and their people could still pay the taxes.
Why would people pay for the taxes? it's the gambling operators that will pay taxes to the government, people are already losing money to these gambling operators, so that's even bigger than paying taxes, I don't get your point.
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.
Government has no other option but to raise taxes in order to increase their revenue, they are bailing out people affected and that is coming from their budget, and I don't think government would increase taxes without consider all the necessary factors before making a decision.
But the government can raise their taxes step by step, so people are not worried if they can not pay the taxes. It will need wisdom from the government to think about their people, so their people can still pay the taxes, and people will not make an objection with the new regulation from the government. I think if there is a discussion between the government and the people, the problem will be solved, and their people could still pay the taxes.
Government and its people won't agree to one thing if it's all about taxes. Not all have the same way of earning their money but all of them should pay the same amount of taxes. If you earn more than enough then I think you won't bother if they increase the tax but if you only earn enough or even less then you would oppose the government.
In my opinion, a few things that make people reluctant to pay taxes are because these taxes are not used 100% according to the target. So that many people become disappointed, and feel that it is useless for them to have to pay taxes which is likely to be corrupted by unscrupulous powerful people. Whereas taxes should be used by the government to fund projects and public services.
Maybe if the target of the tax collection is 100% used properly, then many people would willingly pay taxes, especially if the goal is to help the Covid problem.
This might not do good because people does not have confidence to the government, there will be chaos if people does not trust the government and they will always contradict whatever the government plans and decision or implementations. If we look at the purpose, it's simple, to generate more income so the government can use it for any public projects and improvements, hard to argue with them if we don't have a proof.
Government and its people won't agree to one thing if it's all about taxes. Not all have the same way of earning their money but all of them should pay the same amount of taxes. If you earn more than enough then I think you won't bother if they increase the tax but if you only earn enough or even less then you would oppose the government.
In my opinion, a few things that make people reluctant to pay taxes are because these taxes are not used 100% according to the target. So that many people become disappointed, and feel that it is useless for them to have to pay taxes which is likely to be corrupted by unscrupulous powerful people. Whereas taxes should be used by the government to fund projects and public services.
Maybe if the target of the tax collection is 100% used properly, then many people would willingly pay taxes, especially if the goal is to help the Covid problem.
Government has no other option but to raise taxes in order to increase their revenue, they are bailing out people affected and that is coming from their budget, and I don't think government would increase taxes without consider all the necessary factors before making a decision.
But the government can raise their taxes step by step, so people are not worried if they can not pay the taxes. It will need wisdom from the government to think about their people, so their people can still pay the taxes, and people will not make an objection with the new regulation from the government. I think if there is a discussion between the government and the people, the problem will be solved, and their people could still pay the taxes.
Government and its people won't agree to one thing if it's all about taxes. Not all have the same way of earning their money but all of them should pay the same amount of taxes. If you earn more than enough then I think you won't bother if they increase the tax but if you only earn enough or even less then you would oppose the government.
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Government has no other option but to raise taxes in order to increase their revenue, they are bailing out people affected and that is coming from their budget, and I don't think government would increase taxes without consider all the necessary factors before making a decision.
But the government can raise their taxes step by step, so people are not worried if they can not pay the taxes. It will need wisdom from the government to think about their people, so their people can still pay the taxes, and people will not make an objection with the new regulation from the government. I think if there is a discussion between the government and the people, the problem will be solved, and their people could still pay the taxes.
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.
Government has no other option but to raise taxes in order to increase their revenue, they are bailing out people affected and that is coming from their budget, and I don't think government would increase taxes without consider all the necessary factors before making a decision.
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.
Most countries, not only Argentina, are raising their taxes that every country worldwide is also raising their taxes to dampen economic growth and inflation pressure. It is why the government in Argentina has started to raise gambling taxes because they could collect nearly billions of dollars in revenue in gambling instead of accumulating taxes on goods and other important products.
I think it is exaggerated to Say that Every country Worldwide Because So far In my country There are no News of The government is Increasing the Taxation in a certain thing,Or maybe our government don't wanna have it now but for sure there is a concrete plan after this pandemic because the true problem is not the Covid itself instead it is the effect after Its Gone.If how much damage it brings and How can each country recovers from this.
They would always have that kind of option because they do know that gambling businesses does generate more income than with other industries so its no brainer
Your post is quite perplexing. Obviously some of the casinos are being owned by billionaires such as Sheldon Adelson and Lui Che Woo. But a majority of them are small to medium sized businesses. In the United States for example, there are small casinos run by various native American reservations. And an increase in tax level is more likely to have an impact on these smaller casinos rather than the larger ones.
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.
I understand that they have a reason for asking for taxes but that was not favorable in today's situation. Though gambling institutions won't agree but that was already been exercised and they are obliged to pay otherwise, they can no longer operate.
that they will really be having this first option before anything else and such increase doesnt always signify that they are trying to limit out their citizens gambling
activity but rather they do aim for the tax itself which would really be implied into those typical sectors.What matter most here is on how they do make use of
those taxes in a good or effective way.Gambling business owners will suffer but to expect this will be passed up into their users partially.
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.
I understand that they have a reason for asking for taxes but that was not favorable in today's situation. Though gambling institutions won't agree but that was already been exercised and they are obliged to pay otherwise, they can no longer operate.
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.
I think they increased tax because one who can afford gambling even after covid-19 has excessive money and government would love to take some
.I think they badly need money, Argentina has one of the worse CoVid case and they want money and need money and they will get it in any industry that makes a profit in times of pandemic and online gambling is one of the industry that making huge profit from lock down, because people are at home and had a lot of time to play.
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.
I think they increased tax because one who can afford gambling even after covid-19 has excessive money and government would love to take some
.I think they badly need money, Argentina has one of the worse CoVid case and they want money and need money and they will get it in any industry that makes a profit in times of pandemic and online gambling is one of the industry that making huge profit from lock down, because people are at home and had a lot of time to play.
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