People who have this problem have a hard time resisting or controlling the impulse to gamble. It shares features of obsessive compulsive disorder, pathological gambling is likely a different condition. In people who develop pathological gambling, occasional gambling leads to a gambling habit. Stressful situations can worse. Pathological gambling is being unable to resist impulses to gamble, which can lead to severe personal or social consequence.
Green’s gambling activities do not qualify as a trade or business, can he deduct his gambling-related travel and lodging expenses against his gambling winnings? Applicable Case Law, Code & Regulations Per Section 165(d) of the Internal Revenue Code (IRC), a taxpayer may deduct their gambling losses to the extent of their gambling winnings. However, Section 262 of the IRC indicates, “…no deduction shall be allowed for personal, living, or family expenses.” In ruling on Stanley B. and Rose M. Whitten v. Commission of Internal Revenue, the US Tax Court has stipulated that travel and lodging expenses are not considered losses and therefore cannot be used as a deduction. Conclusion Given the current tax regulations and case law, travel and lodging expenses associated to Dr. Green’s gambling activities cannot be categorized as a loss. The Tax Court clearly established in Stanley B. and Rose M. Whitten v. Commission of Internal Revenue the difference between gambling losses and travel and lodging expenses in the closing of the judgment wherein they stated there is no need, “…to eliminate the distinction between wagering losses, i.e., the amount of wagers or bets lost on wagering transactions, and expenses related thereto, e.g., expenses for transportation, meals, and lodging incurred to engage in wagering transactions… Unlike a wager or bet, petitioner incurred the expenses in question in exchange for specific goods and services, such as transportation,
(Eblen, Tom, 2009). In my opinion, the revenue will not be generated as much as supporters think that gambling will. Due to this thinking, how many kids will go unfed with gambling? I know I agree with having the casinos in to help develop our state in a position that we have not been in, in awhile. As there is to all situation, you have to look at the pros and cons of this big step that we are about to take place in.
These biases interrelate and tend to perpetuate someone's depression. He also suggested errors in logic could be a reason for someone to behave abnormally. This concerns the way in which someone sees an event in the past, present or future. Examples of irrational thinking that both Ellis and Beck proposed are catastrophizing (wildly exaggerating the negative aspects of an event), polarized thinking (seeing everything in extreme terms), and overgeneralization (drawing conclusions based on a single event). This approach is supported by Burt et al who asked participants to recall a list of words.
“When faced with the consequences of their actions, a gambler can suffer a crushing drop in self-esteem.” (Gambling.) This could be one reason why there is a high rate of suicide among problem
Gilbert takes a psychological view on this and breaks down the ways we make errors in judgment. He says we typically assume that the odds of something are greater because they are easier to remember. Things that are memorable and easy to retrieve that stand out are things that aren’t common at all. We see news stories that follow subject matter that make headlines because they aren’t an everyday occurrence. This can be compared to playing the lotto in that we only hear about the winners so we do not calculate the millions of losers when we decide to play.
Dear congressman, I am writing to your regarding the gambling age in California. The issue with it is that it is 18 years old in the rare Indian casinos that don’t serve alcohol on the floor of the casino. Most casinos serve booze on the floor because it is a big money maker for them as well as the fact that the booze they have sometimes inclines people to bet more and stay longer. I agree that this mindset is not moral, but it is how they run things. My issue is that we should be able to go gamble regardless of drinking ago because at 18 we are legally adults and can go to prison and go to war.
Although the government views them differently, they should not. In the United States of America we are a country of freedom and unity, and if the Native Americans do not have to pay taxes, it does not help our country economically. We have to pay taxes and so should they. Native American reservations should not only be taxed for their land, but should also be aware of the lack of police enforcement while on duty and focus on the increase of incidents that occur due to the alcohol and gambling that goes on in and around their casinos. Native Americans that currently live in the state of Arizona and own their own land should be taxed for it.
Alabama cannot afford to upgrade their current educational system, although rated among the worst in the nation. Many refute adoption of a state lottery because it is gambling yet embrace other forms such as bingo, or raffles. Gambling is a form of recreation and can provide psychological benefits usually overlooked. Alabama needs to adopt a lottery system to enhance the wealth of the state and fund our needed educational
General Strain Theory Can were on lives or the lack of money cause someone to commit a crime? Or can the stress of losing someone trigger so many emotions that it will cause someone to kill in revenge? According to the General Strain Theory this may be the case. Criminology today an integrative introduction defines Strain as the pressure that individuals feel to reach socially determined goals (Schmalleger, 2012, p.157). General Strain Theory is considered to be a social structure theory which looks at the formal and informal economic and social arrangements (or structure) of society as the root causes of crime and deviance (Schmalleger, 2012, p.151).