The real problem wasn’t the concept itself, it was the poor regulation. If things were handled properly, a lot of the crimes linked to it could’ve been avoided.
When a country is corrupt, things like this can easily happen. Once there’s new leadership, new demands or priorities come in, and suddenly cases that were never touched before start to surface, especially if people don’t cooperate. Taxes are one of the biggest sources of corruption for leaders. If they can’t maximize that, then there’s less money to abuse. You know what I mean,...
As for taxes on betting, that part isn’t even clear yet. There’s no specific bill for it so far. The law is very general, pay taxes on income. But winnings aren’t really income if you look at the bigger picture, because once you tally everything, most of us are actually at a loss.
