Originally posted on 09/27/2017:

Quote Originally Posted by picantel View Post
Taxes on horse racing is such a scam.
Taxes on any sort of gambling winnings is such a scam.

How many times do they want to tax each dollar for one transaction? Income tax, betting tax, business tax, then tax winnings without the chance to write off all loses.

Total scam as you say.

It's just the backdoor way to try and regulate it in the US.