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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  • phronesis

    It should be a crime for anyone in receipt of Government benefits to gamble. That would see a substantial drop in the number of people gambling.

    • Annoyed

      You can’t target beneficiaries over gambling. They are fully entitled to their free money, as long as they are enrolled to vote and vote left of course, not doing that is inexcusable.

    • ShoreRight

      Well if most of it is going back into tax isn’t it like recycling the money back to the government ? – no complaints here!

    • OneTrack

      If they keep gambling it away, they can get Campbell to do a show on how they are living in “poverty”, and hey the government will give them more money. To gamble away. It’s a great system.

  • WestieBob

    Why insult your readers who buy lotto or occasionally visit a casino by calling them stupid and fools. Isn’t this the same sort of thing the herald does.

    • Wheninrome

      Lotto is a charitable donation, one I make every week.

    • BlitzkriegNZ

      I buy lotto sometimes and you’d have to admit that it’s stupid to not see it as a stupid tax, especially if you actually plan on winning!

    • Mark

      I’m a regular hard core gambler. I know exactly the odds against me winning & I also know exactly my win/lose total for the last 5 years.I’m more insulted to be lumped in with Lotto players.All I want for Xmas is competition for Sky City,yeah right.

  • Keanne Lawrence

    Life is the biggest gamble for the majority and the biggest wager they consider are as simple as “hang the washing out before it rains or the toss of a coin before the kick-off”.
    This survey seems indicate less are gambling more so at least some have changed their ways.

  • RobT

    I put regular gamblers in the same box as conspiracy theorists…I bit too thick to see too far in front of their nose.
    Sad that in most cases the gamblers that excel in their pastimes have the families that can least afford to lose it.

    • Wheninrome

      Regular lotto buyer here, independently retired and financial, no pension from Government (yet),
      But hedge my bets both ways, Sky City shareholder.

      • RobT

        Lotto is not hard core gambling OK.
        But I do a little shudder inwardly when I hear the hackneyed expression…. I will get that car, or we won’t be getting a house until we win Lotto!
        Generally meaning there is no real savings plans in place and life’s necessities are solely going to involve a lucky draw.
        Which for most just ain’t going to happen.

        • Wheninrome

          Very fair comment, I treat mine as a Charitable donation, i.e. tax for hopefully sports etc.,

  • gambler

    The majority of these ppl will have it under control and play mainly socially with money that they can afford to lose.

    However then there are the ppl who have lost the battle for whatever reason and will spend beyong their means and then its only a matter b4 they hit rock bottom. And for alot of them thats the only way they can come back becoz they wont stop until its all gone… savings, cars, propertys, businesses, familys…

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