NEW Tax on Poker for Casino's

[deepreacher]

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.

[ScottMGee]

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.

[doubleup]

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. 

[phatomch]

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