Gambling operators will only stop operating if they are losing, high taxes doesn't mean they operate in a losing manner, some can still sustain because they have a lot of clients that is consistently gambling and that means they are bringing money to the business, also, the government will not implement high taxes if they don't find it reasonable as they are also concern on the business to survive.
Topic: Taxes on gambling send the right message? - page 10. (Read 3461 times)
Gambling operators will only stop operating if they are losing, high taxes doesn't mean they operate in a losing manner, some can still sustain because they have a lot of clients that is consistently gambling and that means they are bringing money to the business, also, the government will not implement high taxes if they don't find it reasonable as they are also concern on the business to survive.
It is a form of discouraging people from launching a gambling site and for people to stop gambling because of the high cost of setting up and playing in casinos is indeed a false morality you still cannot stop people from gambling, rich people will ignore the cost but those average joes who want to play will have to find ways to sustain their cost of playing in the casinos, they are not punishing the rich players but the average players, who will bear the high cost of playing.
You are right on the sense that taxes can be used in this way, low or no taxes to encourage something and high taxes to discourage certain behaviors, I have no doubt that many politicians see it this way which is why things like alcohol and gambling have such high taxes, but even then I have no doubts there are many politicians that do not really care and are using this as nothing more but a justification to keep raising taxes to those industries.
I was thinking that many countries are reluctant to legalise certain activities such as gambling, prostitution, smoking, ... and, apart from countries that have strong social and religious restrictions (I refer to those as the death-by-boredom countries) others simply consider than the state should not profit or allow activities that are considered diminishing for the workers or that may harm their health and personal relations (it must be difficult to be an addict to gambling or a prostitute and have a normal life).
However, other countries simply set high taxes to these activities, which I think is a false morality, as if by paying these activities can be less questionable. (Note: I personally do not question regulated gambling).
Man, those persons who make decisions around the tasks that you stated, aren't really stupid. No one is stupid for themselves, they even succeed and become the part of the government, so... But there are a lot of reasons why they do this or that!However, other countries simply set high taxes to these activities, which I think is a false morality, as if by paying these activities can be less questionable. (Note: I personally do not question regulated gambling).
When you legalize gambling, prostitution and similar activities, it will cause massive protest in olders and the highest part of society aren't young people. So, in order to win elections, they have to say the things that the majority of people want to hear. If you say that you are going to legalise prostitution in an Orthodox countries, sure, you'll lose a lot of votes in an election. If you legalize gambling, elder people come and say that these casinos are killing new generations and are doing all the evil things for the society... bla bla bla...
When prostitution is illegal, that doesn't mean that the government or some related people aren't earning money. We all know that you'll find dozens of prostitutes in every country, in every place. But it's kept like a secret, prostitutes work secretly, these areas function secretly (in secretly, I mean not loudly). Business owners make the easy money + in some countries they pay police some $$ to keep quiet and ignore/protect them.
It is a form of discouraging people from launching a gambling site and for people to stop gambling because of the high cost of setting up and playing in casinos is indeed a false morality you still cannot stop people from gambling, rich people will ignore the cost but those average joes who want to play will have to find ways to sustain their cost of playing in the casinos, they are not punishing the rich players but the average players, who will bear the high cost of playing.
You are right on the sense that taxes can be used in this way, low or no taxes to encourage something and high taxes to discourage certain behaviors, I have no doubt that many politicians see it this way which is why things like alcohol and gambling have such high taxes, but even then I have no doubts there are many politicians that do not really care and are using this as nothing more but a justification to keep raising taxes to those industries.Is it a win-win solution between the players and also government?
Sometimes, the government wants to limit the gambling activities done by their citizens by setting high taxes. However, gambling is about money, and money will always make people interested in playing it much. That is why it may not be a matter for many people to keep playing gambling although should pay fr high taxes. Moreover for those who are being in gambling addiction. They may not aware of the taxes anymore.
I don't understand why the government wants to "protect" its citizens from gambling. Isn't gambling just another means of entertainment and it's much better to ban or impose higher taxes on alcohol than on gambling. If someone has earned money, they should have full control over how they want to spend it, being caring is good but people are mature enough to decide what's wrong and what's good for them.Sometimes, the government wants to limit the gambling activities done by their citizens by setting high taxes. However, gambling is about money, and money will always make people interested in playing it much. That is why it may not be a matter for many people to keep playing gambling although should pay fr high taxes. Moreover for those who are being in gambling addiction. They may not aware of the taxes anymore.
I am not against taxes on gambling but they must not be absurdly high for the player or criminally demanding from the casino. Gambling addiction is a problem but not everyone who gambles is addicted, in fact, a lot of people who might suicide in stress may relieve themselves by gambling for a few hours.
It is a form of discouraging people from launching a gambling site and for people to stop gambling because of the high cost of setting up and playing in casinos is indeed a false morality you still cannot stop people from gambling, rich people will ignore the cost but those average joes who want to play will have to find ways to sustain their cost of playing in the casinos, they are not punishing the rich players but the average players, who will bear the high cost of playing.
You are right on the sense that taxes can be used in this way, low or no taxes to encourage something and high taxes to discourage certain behaviors, I have no doubt that many politicians see it this way which is why things like alcohol and gambling have such high taxes, but even then I have no doubts there are many politicians that do not really care and are using this as nothing more but a justification to keep raising taxes to those industries. If you consider profit from gambling as an income, then you should pay the taxes on your profits. This is similar if you are in trading and you should pay taxes on your gains. If the tax system in your country is good, then there is no reason not to pay taxes.
Since there is house advantage, it is almost impossible to get profit from gambling in the long term. So I would rather tax the gambling businesses rather than taxing the gamblers themselves. That is the strategy used in EU and some of the other countries. For example, winnings from lotteries and casinos are not taxed, because you are already paying your taxes while playing these games. Also, the outcome is very inconsistent. In a particular year, you may win a $10,000 price on lottery tickets that you purchased for $2,000. The next year, you may purchase $20,000 worth of lottery tickets and still get $0 in rewards. So it is not practical to tax these winnings. If winnings are taxed, then losses need to be reimbursed as well.
But the other option seems more beneficial to the government. If they prohibit gambling, gambling activities would still continue illegally. Illegal gambling would still go on. So in order to implement the law against it, the government will have to spend much money for law enforcement. So it is better to just allow gambling for as long as regulations are complied and taxes paid. The government earns money and pursuing illegal gambling activities would be reduced.
It is really costly to find stop and prosecute these underground gambling casinos, instead of making profit from gambling they will have to spend just stop and prosecute them, but heavy taxes will also force gambling who cannot keep up to go underground so they should not impose very heavy taxes to the point these gambling casinos cannot keep up anymore on it's operation.
If you consider profit from gambling as an income, then you should pay the taxes on your profits. This is similar if you are in trading and you should pay taxes on your gains. If the tax system in your country is good, then there is no reason not to pay taxes.
But the other option seems more beneficial to the government. If they prohibit gambling, gambling activities would still continue illegally. Illegal gambling would still go on. So in order to implement the law against it, the government will have to spend much money for law enforcement. So it is better to just allow gambling for as long as regulations are complied and taxes paid. The government earns money and pursuing illegal gambling activities would be reduced.
It is really costly to find stop and prosecute these underground gambling casinos, instead of making profit from gambling they will have to spend just stop and prosecute them, but heavy taxes will also force gambling who cannot keep up to go underground so they should not impose very heavy taxes to the point these gambling casinos cannot keep up anymore on it's operation.
It is obvious that many countries are torn between altogether prohibiting immoral activities such as prostitution and gambling and just allowing them but with regulations because they would still exist anyway. They would rather decriminalize these activities, tax them, make sure it is not abused, etc. But it is still not sending the right message. It is sending the very wrong message, that people are allowed to engage in these immoral activities for as long as the price is right.
If the government thinks that their people can abuse the system or regulations, it is better they prohibit and do not allow their people to gamble or prostitute and those who break that will get punishment.But the other option seems more beneficial to the government. If they prohibit gambling, gambling activities would still continue illegally. Illegal gambling would still go on. So in order to implement the law against it, the government will have to spend much money for law enforcement. So it is better to just allow gambling for as long as regulations are complied and taxes paid. The government earns money and pursuing illegal gambling activities would be reduced.
or they wanted to stay out of it that is something to look at.
And besides there are several countries that strictly imposing the implementation of Gambling Banning but still there are illegal operation from syndicate to still do gambling activities even when restriction is there.
It is obvious that many countries are torn between altogether prohibiting immoral activities such as prostitution and gambling and just allowing them but with regulations because they would still exist anyway. They would rather decriminalize these activities, tax them, make sure it is not abused, etc. But it is still not sending the right message. It is sending the very wrong message, that people are allowed to engage in these immoral activities for as long as the price is right.
If the government thinks that their people can abuse the system or regulations, it is better they prohibit and do not allow their people to gamble or prostitute and those who break that will get punishment.But the other option seems more beneficial to the government. If they prohibit gambling, gambling activities would still continue illegally. Illegal gambling would still go on. So in order to implement the law against it, the government will have to spend much money for law enforcement. So it is better to just allow gambling for as long as regulations are complied and taxes paid. The government earns money and pursuing illegal gambling activities would be reduced.
The business owner must follow their rules to running their business and not trying to create an illegal business or illegal casino because that can attract the government to close their business and takes everything from them.
If the government allows gambling, they will get more taxes from the gambling sector, which means their income will increase.
It is obvious that many countries are torn between altogether prohibiting immoral activities such as prostitution and gambling and just allowing them but with regulations because they would still exist anyway. They would rather decriminalize these activities, tax them, make sure it is not abused, etc. But it is still not sending the right message. It is sending the very wrong message, that people are allowed to engage in these immoral activities for as long as the price is right.
If the government thinks that their people can abuse the system or regulations, it is better they prohibit and do not allow their people to gamble or prostitute and those who break that will get punishment.But the other option seems more beneficial to the government. If they prohibit gambling, gambling activities would still continue illegally. Illegal gambling would still go on. So in order to implement the law against it, the government will have to spend much money for law enforcement. So it is better to just allow gambling for as long as regulations are complied and taxes paid. The government earns money and pursuing illegal gambling activities would be reduced.
I was thinking that many countries are reluctant to legalise certain activities such as gambling, prostitution, smoking, ... and, apart from countries that have strong social and religious restrictions (I refer to those as the death-by-boredom countries) others simply consider than the state should not profit or allow activities that are considered diminishing for the workers or that may harm their health and personal relations (it must be difficult to be an addict to gambling or a prostitute and have a normal life).
However, other countries simply set high taxes to these activities, which I think is a false morality, as if by paying these activities can be less questionable. (Note: I personally do not question regulated gambling).
However, other countries simply set high taxes to these activities, which I think is a false morality, as if by paying these activities can be less questionable. (Note: I personally do not question regulated gambling).
Definitely think that it's a bit hypocritical.
Also, the taxes simply don't do anything when it comes to deterring people from gambling. All that will happen is that there will be a black market created from all of this where gamblers would go instead of going to regulated casinos.
Is that the better outcome that the government's trying to achieve? I suspect not. So why pursue it?
Is it a win-win solution between the players and also government?
Sometimes, the government wants to limit the gambling activities done by their citizens by setting high taxes. However, gambling is about money, and money will always make people interested in playing it much. That is why it may not be a matter for many people to keep playing gambling although should pay fr high taxes. Moreover for those who are being in gambling addiction. They may not aware of the taxes anymore.
One thing we need to think. There is always a way to get out of the taxation. Gamblers will make use of the platform and avoid taxation. Just think of the gamblers who are all spending on the cryptocurrency accepted gambling platform. Will they be paying the taxes perfectly in a calculated manner. No, maybe 10-20% will be doing it for the sake of taxation by the government. So, taxation can't be an effective way to limit or control gambling. Sometimes, the government wants to limit the gambling activities done by their citizens by setting high taxes. However, gambling is about money, and money will always make people interested in playing it much. That is why it may not be a matter for many people to keep playing gambling although should pay fr high taxes. Moreover for those who are being in gambling addiction. They may not aware of the taxes anymore.
Moreover for those who are being in gambling addiction. They may not aware of the taxes anymore.
That's true they will always find a way to play and gamble and will ignore the cost of playing and if they are losing more than winning, they will even travel from far places just to satisfy their needs to gamble, for rich and those who are hooked to gambling taxes and cost are nothing, it's those responsible gamblers that will have a hard time bearing the cost of the casino owners are charging them.
There would only two possible ways or path you would taking on because not all are not rich enough to play if they wanted to and thats the sad reality.
We do love to gamble but the reality doesnt let us..Good for those who does have lots of money and very sad part for those who cant.
Moreover for those who are being in gambling addiction. They may not aware of the taxes anymore.
That's true they will always find a way to play and gamble and will ignore the cost of playing and if they are losing more than winning, they will even travel from far places just to satisfy their needs to gamble, for rich and those who are hooked to gambling taxes and cost are nothing, it's those responsible gamblers that will have a hard time bearing the cost of the casino owners are charging them.
and the funny thing is that there are also many Arabs who gamble in vegas or Macau just because in their country gambling is prohibited...
Have you seen them gambling for real on those places? taxes from gambling have an important role in building a city if it is managed properly, now it depends on our perception of whether gambling is a sin or not, as long as we don't steal or rob to play gambling then I think it's not a sin.
It is not only based on our perception but also based from what we're believing that if it's a heavy sin if you're religious. But most of the gamblers don't think of it because they don't worry about their religion. And for the casinos, taxation is always their rival. 
Is it a win-win solution between the players and also government?
Sometimes, the government wants to limit the gambling activities done by their citizens by setting high taxes. However, gambling is about money, and money will always make people interested in playing it much. That is why it may not be a matter for many people to keep playing gambling although should pay fr high taxes. Moreover for those who are being in gambling addiction. They may not aware of the taxes anymore.
Sometimes, the government wants to limit the gambling activities done by their citizens by setting high taxes. However, gambling is about money, and money will always make people interested in playing it much. That is why it may not be a matter for many people to keep playing gambling although should pay fr high taxes. Moreover for those who are being in gambling addiction. They may not aware of the taxes anymore.
Taxes can’t stop people from gambling not unless they make a total ban on it and restrict its people and the companies from operating on their countries which is already happening on some countries, but still people are traveling abroad so they can gamble as long as they have money and wants to gamble, they can still do it. In my country, taxing gambling activities and casinos are very helpful, our government made a lot of profit from this institutions and that’s why its legal in my country.
I agree gamblers will find a legal or illegal way to gamble or avoid the taxes. The anonymity of the crypto ecosystem can help the gamblers to keep gambling on third-party websites not regulated by governments thanks to the cryptocurrencies but they will not be able to increase the turnover due to obvious reasons. Some governments made casino heaven in less known cities to increase social activities and bring foreign tourists to their lands for fun which is a win-win situation for both sides. They are lying this is a very bad alibi telling people that they are imposing taxes so people will not gamble, they just want poor people not to play or discourage but richer people can afford that, they cannot keep people from gambling rich or poor they just make it hard for them but stopping people to gamble is just impossible, if the country is under democratic jurisdiction.
The tax payer are the middle class to lower class because rich people will always do their best no to pay taxes and remember billionaires are not paying any taxes at all? That’s how the system works and in gambling, they can’t totally say that taxes are meant to limit the transactions of many gamblers because they really want to tax them and make money.Taxes are fine for the developing countries they badly needed it and they see gambling as an opportunity to impose tax, which is already happening in many countries. Though I don’t pay taxes directly but the charges of many casinos, I’m sure tax are already included there.
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