Tax on stupid people tops $2billion p.a.

The stupidity tax that is applied to gambling has reached $2 billion per annum.

I thank the fools for voluntarily contributing to society…we need more taxes like this one.

More than $2 billion is thought to be lost to gambling annually in New Zealand, but the number engaged in regular gambling has dropped off.

In 2012, researchers from AUT University and the National Research Bureau conducted the largest gambling survey since 1999, with 6251 adults taking part. The results have just been made public.

“The most notable finding was a substantial drop in the number of people who gamble weekly or more.  

“In the present survey only 22 per cent of adults took part this often, compared to the 40 per cent in 1999 and 48 per cent in 1991, ” lead researcher Professor Max Abbott said.

About 80 per cent of adults took part in some form of gambling, down from 86 per cent in 1999.

However, the survey also showed some groups were gambling at high risk and are likely to be at greater risk of problem gambling.

“Wide participation and expenditure remain, with some groups, including Maori, Pasifika, people without formal education and the unemployed, having a greater involvement than others in high- risk gambling.

“This means while there has been a significant reduction in gambling involvement since the 1990s, a number of groups remain at risk and the overall levels of harm may not have changed appreciably.”

So less stupid being taxed more…awesome…some people have learned by paying stupid tax.

 

– Fairfax


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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

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