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It's an optional contribution to public funds and billionaire owners. Nobody wins from say facebook, but at least taxing sports betting raises money for public
by ta1243 1y ago
It's an optional contribution to public funds and billionaire owners.
Nobody wins from say facebook, but at least taxing sports betting raises money for public services.
- Retric 1y agoLot’s of people win from Facebook as a communication platform. It also does all kinds of explosive crap, but being able to keep up with distant family and friends has meaningful value.
- 3eb7988a1663 1y agoOn the other hand, some fraction of people are going to gamble away their life savings on bad bets. No idea how you balance the two, but gambling addiction does have a human cost. It is admittedly not that much different than any other addict looking for their next fix. Yet, if feels lot uglier when it is a billion dollar corporation on the other side optimizing for the human tragedy.
- ta1243 1y agoSure, and I actually have less of an issue with gambling than I do with social media companies and indeed advertising companies in general, but in both situations it's a massive unaccountable corporation abusing people for profit.