3 ms·
Excuse my ignorance if otherwise obvious—but how does legalized but untaxed gambling raise any public revenue? Bookie licensing?
by nickburns 7mo ago
Excuse my ignorance if otherwise obvious—but how does legalized but untaxed gambling raise any public revenue? Bookie licensing?
- scoofy 7mo agoWhy on earth would you think it's untaxed? A legalized gambling business trivially creates taxable income.
- nickburns 7mo agoAh, right. These legalized bookies should be paying income tax to the jurisidictions they operate in (albeit probably happening as reliably as winning bettors are on their winnings).