Posted on 07/05/2004 9:55:48 AM PDT by Josh in PA
Think of it as secular tithing. Voluntary support for gov't functions. Once they allowed the Lottery it was just a matter of time. They might as well go ahead and legalize prostitution, maybe eliminate the property tax altogether.
Otherwise known as the Philidelphia/Rendell windfall!!!!
Don't bet on it.
I don't think of gambling as voluntary support as much as an inverse tax on mathematical knowledge.
In economics, we lovingly called lotteries the 'stupidity tax.'
Exactly..
Two major racetracks in Pennsylvania right now.. Philadelphia and Grantville (20 miles east of Harrisburg).
Southcentral PA stands to make big.
ping
Only 14 locations?
This would obviously hurt hundreds (if not thousands) of other Pennsylvania businesses involved in the entertainment/tourist industries for the benefit of only a few. IMHO, if such gambling is legalized, licenses should've been made available to any Pennsylvania business establishment that also has a license to serve beer/wine/liquor. Let the "little guys" remain competitive, whether they're a local Mom & Pop tavern or night club, or a vacation resort in the Poconos. Don't place them at a disadvantage.
Only 14 locations is an obviously corrupt system to benefit the politically well-connected.
The slots parlors at the 3 Delaware Horse Race tracks are going to be devastated by this..............one of them is only a few miles from the PA/DE line and gets most of it's patrons from MD and PA.
Low end conservative losses in Delaware start at $30million a year.......and Maryland will most likely follow suit in the very near future.
BUMP
BWAHAHAHAHAHAHA!!....Right.
FMCDH(BITS)
The "14 locations" are 7 racetrack (3 of which haven't been built yet), and 7 Off-track wagering facilities.
I believe.
And did we expect anything different from Rendell and his RIOTLUA cronies. (That's Republican In Order To Loot Us All.)
Here in TX they said our lottery would increase funding to education (the sacred cow of gov't). It has, but now they are trying to find **another** source of income for education. Apparently, the voracious appetite of the educrat's can't be fed by lotto and prop taxes alone. I smell a state income tax coming.
I don't think it's going to do our economy or the the state treasury any good in the end.
It's also a transfer of wealth from the stupid and weak (those hooked on slots) to the corrupt (the gaming industry)
===
But now Broke, Stupid, and Weak, can vote for Rendell when he proposes his "Broke from Gambling Bailout Program" in 2 years.
I hate to give into evil, but if every Mafioso* with a drop of Indian blood in his veins is going to be given a tax-free casino, we aren't serving morality by banning non-Indian casinos.
(* Ever hear of the LAST OF THE MOHICANS? Who's running Mohican Sun? People with names like Joey "Running Bear" Spinelli.)
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