Pericles – I’m afraid you will have to stay unconvinced. I read an article on line that was a simple country by country analysis, but for the life of me I have been unable to locate it again. There are plenty of gambling sites however. Notwithstanding there are many countries within the EU as well as the US that tax winnings?

This however has little to do with the point I was making in the first place. The point was, here is a source of revenue that in my opinion does no harm to a winner although it reduces the wind fall and would have some positive outcome when it comes to problem gamblers and money launderer’s.

The US includes winnings as earnings when a citizen reports their income for tax purposes. But you can also offset losses.
Pericles,
I think that's fair. What I think as highly unfair is that victims of crime in Australia aren't compensated, have to fork out for legal fees whilst the low life gets legal aid thrown at them paid for by the victims. I suppose if the Coalition wanted to put a stop to that Billy the Kid will block it.

Producer, your picture is too small. The total turnover of the share market including currency trades, and derivatives is $135 trillion pa.

Just a 0.1% turnover tax will raise an additional $135 billion in tax revenue. No need for more taxes and we can pay off the debt.

Arjay – Soap and Water, how dare you suggest such a large tax on the have’s.

Individual – All we have to do is remove the pile of money that sits between Law and Justice.

Producer....what a mean spirited thought.....

Global Miners operations in Australia return more profit on invested dollar than any of their other global pits.
Thet are not paying enough tax. Tax the Miners selectively, by resource type rather than sector wide with a straight percentage tax rather than the ridiculous industry profit tax that the Miners scared Gillard into.

Right now I would be taxing the CSG segment....it is cheaper to pump it and sail it to the Northern Hemisphere from Australia, than to ship it from the US across the Atlantic to Europe....they do not pay enough tax....