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The Rail
NEW Tax on Poker for Casino's
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Topic: NEW Tax on Poker for Casino's (Read 12105 times)
deepreacher
Sr. Member
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Posts: 742
Re: NEW Tax on Poker for Casino's
«
Reply #60 on:
May 08, 2009, 11:41:42 PM »
The money I spend on the poker table is taxed when I pay the rake.
Also buying a product which has a certain % tax on it is completely different to income tax.
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ScottMGee
Sr. Member
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Posts: 481
Re: NEW Tax on Poker for Casino's
«
Reply #61 on:
May 09, 2009, 07:59:04 AM »
For the government to start taxing poker winnings as income they would have to regard playing poker as a trade. In order to do this they would have to acknowledge that poker was a skill game rather than luck.
If the government acknowledge poker as skill rather than luck then surely it is not gambling and would not be subject to a gambling licence.
This would open a whole can of worms for the government.
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doubleup
Hero Member
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Posts: 7123
Re: NEW Tax on Poker for Casino's
«
Reply #62 on:
May 09, 2009, 11:09:32 AM »
Quote from: The Camel on May 08, 2009, 07:46:58 PM
Someone always says that when I have this debate.
Probably me.
The reason someone always says it is because taxation has nothing to do with moral arguments, only the laws that set down how taxes are collected.
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phatomch
Hero Member
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Posts: 1593
Re: NEW Tax on Poker for Casino's
«
Reply #63 on:
May 13, 2009, 07:58:28 AM »
a few days old but still could be interestingf to some.
http://www.ft.com/cms/s/0/e567b5fc-2ffa-11de-a2f8-00144feabdc0.html
flushy could of brought the isle of capri instead of setting up the shewdies
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