Gambling Taxation: Public Equity in the Gambling Business
Government's intrinsic role in sustaining a viable gambling industry, and its significant revenue stake in industry profitability, can make the public effectively shareholders in the industry. An important social cost of gambling is the potential for corruption of democratic processes through close industry and government links. Government can increase gambling revenues by expanding the tax base, rather than by raising tax rates. Gambling tax rates have fallen in recent decades, while revenues...[Show more]
|Collections||ANU Research Publications|
|Source:||The Australian Economic Review|
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