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And winnings are tax free unlike some places. The high street betting shops are upsetting many. Until recently the government even owned it's own bookmaker.

• cperciva 12y ago
  And winnings are tax free unlike some places. Gambling winnings should be tax-free, unless gambling losses are tax-deductible. Taxes should apply to the production or consumption of utility, not to its random shuffling around.
  • mackwic 12y ago
    > Taxes should apply to the production or consumption of utility, not to its random shuffling around. The Random shuffling part made me smile. Though, that's only looking at individual cases. When you look at the global picture, it's no more random shuffling and the lottery is the tax in its own existence.
    • cperciva 12y ago
      Sure, and winnings by people who are in the business of gambling (either professional poker players who are gambling on themselves, or casinos who are implicitly gambling against their customers) should be taxed, because at that point it isn't merely random shuffling.
  • gambiting 12y ago
    >>Taxes should apply to the production or consumption of utility Then why do we have inheritance tax? It's a tax on something that already had tax paid on, nothing is produced and nothing is consumed.