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When it comes to gambling taxes, house rules apply. State governments have the prerogative to decide whether to allow … lotteries or casinos to operate in their states. This chapter explores the expansion of legal gambling in the United States … Cities” across states and the internet. Key takeaways: (1) Increased competition in the gambling industry is a catalyst for …
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In this paper, we disentangle tax revenue forecast errors into influences stemming from wrong macroeconomic assumptions and false predictions of the elasticities linking the tax base to its corresponding tax type. Across six tax types and the overall tax sum for Germany, we find a heterogeneous...
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