Posted on 06/16/2004 9:20:59 PM PDT by FairOpinion
4 Tribes Would Make Lump-Sum Payment
Under the proposal, at least four tribes, including two local tribes, would give the state a lump-sum payment of $1 billion to help close the budget gap. The tribes would also make annual payments to the state equal to 15 percent of casino profits, NBC 7/39 reported.
In return, Gov. Arnold Schwarzenegger says the tribes would be able to add thousands of new slot machines.
Other tribes are paying close attention, Schwarzenegger says.
"The other tribes are coming in and saying, 'We want to be part of this,' we can see that we work together with you and the state and we want to be a partner of yours,'" Schwarzenegger said.
(Excerpt) Read more at nbcsandiego.com ...
Perhaps we can bring Arnold to Washington ;)
It sounds like short term gain, and long term pain. But then the details are missing.
What long term pain?
The tribes have not paid a cent to the state on their gambling revenue. Most states charge them 25% state tax.
It's time for them to pay their fair share (of only 15%) in California.
It was brilliant of Arnold to go after the tribal money -- note, that he was the only candidate of the three who did NOT take contributions from the Indian tribes.
my biggest complaint are with the tribes who establish "resevations" in suburban and urban communities.
You are simply too moderate on this issue, you RINO you. :)Time to simply go postel. Extremism in the right place at the right time, in the right hands, is so cool.
...as opposed to the previous governor and the other gubernatorial candidates, who took tribal money, and didn't/had not intention of getting any money from the tribes for the state, except for their own campaign.
Okay, try this on for size:
40% tax on tribal revenues, or we'll push a referendum that opens up the state to legalized gambling. Slot machines even in the corner Vons.
Mutual assured destruction...
That is our only lethal weapon left. Mutual assured destruction. Let's do it, and do it now.
That's probably the proposal Arnold started with, to get the tribes to pay up a billion up front and 15% after that on all future income.
I never have understood how tht works. Apparently they can purchase land and put it in "trust" and it becomes part of their "sovereign" land.
But does that mean they have to give an equal amount of land back to us? Or can they keep doing this until they "own in trust" all of the USA except Washington DC?
Of course they will have a hard time getting Azatlan away from the Azatlaners...
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