Friday, October 26, 2007

Should Gambling Replace Taxation

The state told us the lottery profits would go only to the public school system. To this day California has not reported how lottery profits are arrived at nor what percentage of lottery income actually finds it's way through the bureaucracy to public school coffers. I find that interesting.

The state authorizes Indian organizations to build and operate gambling casinos provided they pay the state a percentage of the profits. What percentage? Who are the Indians accountable to. They go on television to tell us that the two benefits of Indian gambling help us all.

(1) The profits improve the wealth of the Indians organizations.
(2) Their payments to the state also reduce the taxes of the general population.

I don't believe it. Do you?

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