I mean there are some small countries that have absolutely benefitted by giving billionaire expats gentle treatment and keeping taxes low. Dubai, Singapore etc.
Totally fair to claim this cannot scale to a "big" country, but it absolutely works to attract capital.
>I personally do not care if you decide you want to kill yourself with heroin, but I do care as soon as our taxes are used to deal with you as a side-effect.
isn't this already the case with a lot of things that carry less negative stigma? bankrupcty, limited liability, extreme sports (base jumping, rock climbing, etc), financial risk taking, health choices, bailouts are more socially accepted, but they also risk pushing costs onto the public upon failure.
i mean if you base jump and your chute fails you end up as a smear at the bottom of a cliff somewhere. They will probably attempt an air rescue and some poor park ranger will have to come out with some buckets of water and wash whats left of you off their monument. However as someone who knows someone who had to be airlifted out of a national park, he survived and paid for that helicopter ride and his medical bills (gust of wind blew him off an exposed high trail and down into a very steep ravine where he broke a leg).
A heroin/fent/meth addict doesn't die right away, and usually doesn't die until after years of crime/homelessness/welfare. They cost every day until they finally overdose, now with narcan (if they are on an opiate) they can be saved from that overdose (and hopefully rehabilitated) but often that doesn't even stop them.
We have to draw lines somewhere and sports betting, in my opinion is somewhere a line should be re-drawn.
