Treasurys 20 Online Gambling Tax Stirs Controversy

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treasurys 20 online gambling tax stirs controversy

The potential introduction of a 20 national tax on the gross gambling revenue of all forms of online gambling may very well violate the Constitution. Commentators are also of the view that it undermines democratic practice due to the lack of meaningful consultation with those who will be affected.

The Free Market Foundation calls the proposal a naked revenue grab that threatens the very existence of the legal gambling market.

Revenue from legal gambling is widely regarded as a far safer alternative than the technically illegal, unregulated activity of interactive gambling.

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