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nickburns
3mo ago
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Excuse my ignorance if otherwise obvious—but how does legalized but untaxed gambling raise any public revenue? Bookie licensing?
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scoofy
3mo ago
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Why on earth would you think it's untaxed? A legalized gambling business trivially creates taxable income.
nickburns
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3mo ago
Ah, 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).
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