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Casino profits


MissU28

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The thread about legalizing slots in MD got me thinking...

I think the government should use profits from gambling to help pay for state budgets and taxes and debts. Casinos should be required to give like 30% of their profits to fund things like prisons and state governments...even schools. That being said, I think gambling should be legal.

What are the pros/cons of this?

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Well the negatives are basically that casinos are effectively poor taxes. Lotteries and slots basically shift the burden of financing our government onto the shoulders of those who can least afford it. Now, that's not a problem to some people, since it is true that people are paying this tax voluntarily. So maybe it's more of a stupid tax than a poor tax, but still, that's the negative.

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Well the negatives are basically that casinos are effectively poor taxes. Lotteries and slots basically shift the burden of financing our government onto the shoulders of those who can least afford it. Now, that's not a problem to some people, since it is true that people are paying this tax voluntarily. So maybe it's more of a stupid tax than a poor tax, but still, that's the negative.

But it's a "fair" way to tax people...and it's not just on the poor...think about all the high rollers in vegas who lose hundreds of thousands nightly. I see nothing negative about using casinos as a source of income for a state. California, especially. This state is in such a budget crisis, if we could use some of the money from the many, many casinos out here, the crisis would be gone.

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But it's a "fair" way to tax people...and it's not just on the poor...think about all the high rollers in vegas who lose hundreds of thousands nightly. I see nothing negative about using casinos as a source of income for a state. California, especially. This state is in such a budget crisis, if we could use some of the money from the many, many casinos out here, the crisis would be gone.

we were supposed to use that money to solve the crisis and if we did we would be perfectly fine. I know as a teacher you feel like you are being shorted and I totally get that.

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Well the negatives are basically that casinos are effectively poor taxes. Lotteries and slots basically shift the burden of financing our government onto the shoulders of those who can least afford it. Now, that's not a problem to some people, since it is true that people are paying this tax voluntarily. So maybe it's more of a stupid tax than a poor tax, but still, that's the negative.

Then dont gamble...We are losing that money anyway to WV, Atlantic City, Vegas, etc...might as well legalize it here.. :whoknows:

-Grant

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