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Old 07-11-2006, 11:28 AM
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GenuineRisk GenuineRisk is offline
Atlantic City Race Course
 
Join Date: May 2006
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Quote:
Originally Posted by boldruler
This debate has nothing to do with legislating morality. It has everything to do with losing tax dollars. Offshore gambling has hit the business hard. Why bet big money when you have to pay taxes if you can bet without having to pay any? That is what this is about.

Which is exactly where my liberal self runs into a conundrum. I'm not opposed to taxation; taxes pay for lots of useful things, but I do think the states are too greedy when it comes to their take on gambling profits. And they wonder why racetrack attendance drops?

Thanks BR.
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