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Taxes and Gambling

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Gary Robinson
(@ann4phi2)
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Joined: 4 years ago
Posts: 148
Topic starter  

Given that across the US, each state has a different rate for taxes in gambling, do you believe in having a high tax rate or a lower tax rate? Of course as a business you'd want lower rates, but some states with high taxes offer exclusivity, therefore a higher share in the market. Whats your take on this?

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Brian
(@brian)
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Joined: 4 years ago
Posts: 169
 

Businesses will have to recoup them. And its almost always the customer who will end up paying for it. It could be in less rewards, or something similar. So it depends, really.

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