Sports betting fans
are expressing displeasure at the government’s plan to levy taxes on lottery
and sports betting.
As part of
efforts to raise additional revenue for the country, government slapped taxes
on income from lottery, betting and gambling.
According to
several local bettors, the government’s move is an attempt to prevent them from
enjoying their winnings in peace.
In an interview
with Citi News, they urged the government to reconsider its plans to take
a 10% withholding tax from winnings in lotteries, sports betting, and games of
chance at the point of payout.
“I could lose
all my bets in a year so if I should win one day and then 10 percent is deducted,
it actually means that I have lost.”
“Honestly, it is
not fair. We are suffering because the system is not any better so taking away
10 percent of my bet wins is not a good thing”, another said.
For one of the
gamblers, “This policy of taxing our fortunes in betting is not in our
interest. 10 percent of our wins is too much for us. “
0 comments:
Post a Comment