Anti-gambling campaigners have slammed the NSW opposition’s plan to more than halve taxes on racing bets.
The tax on every $100 wagered would be slashed from $3.22 to $1.28 should Labor win the March election, bringing the state into line with Victoria, leader Luke Foley says.
Reverend Tim Costello, chief of World Vision Australia, says gambling is already out of control.
“One way of at least bringing back some benefits from this complete loss of control is taxation,” he told AAP.
“It places a cap on gambling, discourages it and returns some benefits to the community.
“The public good is not served by cutting gambling taxes.”
He suggested the racing industry could be better served by raising taxes on competing forms of gambling.
NSW Greens MP John Kaye said the racing industry doesn’t deserve a tax break.
“This is public money feeding problem gambling and facilitating the mistreatment of animals,” he said.
Mr Foley has said the predicted $100 million a year loss in revenue would be offset by the generation of 2000 jobs in the racing industry.
Premier Mike Baird has said he will consider a possible gambling tax cut in the June budget.
This news story is reprinted from au.news.yahoo.com
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The tax on every $100 wagered would be slashed from $3.22 to $1.28 should Labor win the March election, bringing the state into line with Victoria, leader Luke Foley says. gul ahmed lawn , lawn suits online shopping , lawn dresses online , pakistani designer lawn suits , pakistani cotton suits online , lawn collection , lawn suit design , new lawn collection , unstitched suits pakistani , lawn suits with prices
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