James Miller

 

Friday, October 15, 2004

 

New Casinos

I can see the government's point about these. All those jobs and the tax from fleecing idiots of their hard-earned money. It's probably only slightly less risky to bet on a fruit machine, than save for a pension.

But, I can't see the point!

Now I like the odd flutter on a horse and actually make a little bit of money every year. But that is by betting on horses that I reckon will win at a longish price. It requires a little bit of skill and quite a bit of knowledge.

Where is that in pulling a handle?

Perhaps, we should have two gambling tax rates. One for anything with skill in it and another much higher one for fruit machines and stupid lotteries.

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