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Thursday, September 29, 2016

Reuters

Politicians in both parties are betting that allowing more gambling will make them winners at the polls by raising revenue without appearing to raise taxes.

Governors Andrew Cuomo of New York and Steve Beshear of Kentucky, both Democrats, each want seven casinos.

In Kansas, where the state owns casinos, Governor Sam Brownback, a Republican, wants more gambling money to pay down state debts.

In Minnesota, Governor Mark Dayton of the Democratic-Farmer-Labor party wants more gambling to finance a new stadium for the privately owned Vikings football team.

Florida legislators are mulling three casinos, one in Miami. Illinois lawmakers may allow a casino in Chicago.

In Texas, Governor Rick Perry says he opposes more gambling. Yet eight years ago he called the legislature into special session to allow gambling at the gas pumps to help finance schools. He lost that bet.

Egging on these and other politicians is anti-tax crusader Grover Norquist, who has made “tax” the vilest four-letter word in American politics. Norquist wrote Texas politicians a letter in January saying that more gambling is better than more taxes.

As a longtime student of gambling companies and their regulation, I find these developments troubling. People who want to play should have an honest place to wager. But states should only allow, not encourage, gambling. Basic government services should not depend on gambling revenue, as Perry’s school finance proposal did.

No matter how much gambling the law allows, taxes on the money players lose will never be enough to finance the government services on which jobs and private wealth creation depend.

  • rustacus21

    It is both amazing AND appalling to see the state that America is degenerating to! Games of chance – in rejection of the hard work, patience & responsible, measured determination ethic of our ancestors. While the rich & corporations bear no ‘responsibility’ for the country they, too, reside, while using extraordinarily far more resources than the ‘AVERAGE’ “PERSON” (in reference to that notorious ‘corporate’ person!!!), ‘REAL’, ‘AVERAGE’, ‘ORDINARY’ Americans aspire to be rich – not by hard work, but rather by the means used in the Wall St. casinos, which nearly bankrupted the nation! Or tactics used by Enron, imitated by the previous administration, hiding the cost of not 1, but TWO wars & then, being responsible for ‘creating’ 100’s of BRAND NEW millionaires, b/c of warfare?! This turn which America has made, toward Conservative thinking – gambling, if U will, in order to ‘chance’ the prospects of a better life, isn’t what Liberals nor Progressives should be ‘wagering’ upon – yet they are… In the early days of the republic, the big question was how much clout rich, monied landowners would have. It was only they, at the very beginning, who were eligable to vote. The uproar became so fierce, among ‘common folk’, that the still new legislatures were ‘FORCED’ to do away w/such arcane measures – remnants of the ‘old’ monarchical order; freeing enslaved human beings on the soil of a free nation; educating children – FREE OF CHARGE, instead of employing them for ‘slave’ wages, created a more sophisticated, ‘ENLIGHTENED’ citizenry; Woman, just w/in the last century have been granted a semblance of ‘EQUALITY’ (w/the 1st woman in U.S. history recruited for an executive cabinet post in 1934!!!), but still 2day, beneath men & far behind that of White American Men; altho shrinking for 8-9 years, the wealth gap has again exploded, starting in 2002, which brings us back to the quandary of taxes – questions which were previously settled by Liberal/Progressive representatives, acknowledging the will of the American citizenry, that we ALL pay, in proportion to income values. The fact that there are far fewer current Middle Class tax payer is the result of horrendous, economic, fiscal & business & diplomatic policies of the same administration (2001-2009), which failed to yield on the maniacal wealthy-only tax cuts, placing the responsibility of taxation on their shrinking shoulders, w/each passing hour. As a result, desperation has made ‘gamblers’ of us all, w/no patience to roll up our collective sleeves & sacrifice in UNISON, for the benefit of OUR nation… TOGETHER…

  • This is a wrong value system to teach children! Aside from Wall Street gamers of the unregulated capitalistic system, the value system held by most Americans which include get rich schemes as admirable contributed to the mess of economic system.

    Our politicians, including Obama, keep touting that education will enable one to ge a better paying job, implying that the GOAL of education is to create better paid employees for somebody (multinational corporations?).

    Municipalities and Counties are building casinos all over as a way to solve their budget problems, which again sends a wrong signal to citizens that the goal in life is to get rich quick. Now, we will start indoctrination at the very early school level and teach children that this is the goal in life! Pitiful! Than we are surprised that most young people do not even bother to vote!

  • SC lottery winnings are supposed to help finance the schools. If they actually did that, it would be wonderful. But what has happened is that the amount of ‘profit’ from the lottery is split between higher education (providing tuition for tech schools and senior courses) and the public K-12 system. Then, the amount of property tax revenues that should have gone to the schools is decreased by the FULL amount of the lottery contribution.

  • Soccoach

    In Indiana we passed the lottery bill under the guise that it would fund our schools better. As soon as the law was enacted, the politicians got greedy and changed the law so the money went to the general fund. Schools have continually been under funded and are the first to be hit when the economy turns downward. WE GOT CHEATED!

  • ObozoMustGo

    DISTRACTIONS —– DISTRACTIONS —– DISTRACTIONS

    Did Obozo call you and all the radical leftist nutjobs in the press asking to step up your hyperbole and fear attacks on conservatives becuase he took a public shellacking on the issues last week? All of this is designed as a fog to distract people from Obozo’s failed record. Here’s just a few to ponder:

    1) Had complete control of the government for 2 year. NO BUDGET PASSED WITH COMPLETE CONTROL, just continuing resolutions to jack up spending to way over TRILLION dollar deficits.
    2) His only crowning achievement in his first 2 years was Obozocare, which was bitterly opposed by at least 60% of Americans. AND STILL IS, YOU DOPES!!!
    3) A RECORD DEFEAT of his ideas in the 2010 mid-terms.
    4) Gasoline prices are more than DOUBLE since the day he took office, yet he denies the Keystone Pipeline that would increase supply. He has denied or delayed permits allowing offshore and onshore drilling that would increase supply. KNOW THIS —> YOU IDIOTS ON THE LEFT THAT THINK INCREASING SUPPLY WOULD DO NOTHING TO GAS PRICES BECAUSE WE ARE IN A GLOBAL MARKET ARE EATING YOUR OWN VOMIT ON THAT RATIONALE. WITNESS…. A GALLON OF GAS IN SUADI ARABIA IS $0.91 PER GALLON.
    5) Unemployment would NOT go above 8% if they passed his money laundering… errr… Stimulus Package… Sure, sure… How’s that worked out? In truth, America has lost a net 6 MILLION JOBS under this loser-in-chief’s management. They keep lowering unemployment because they are making the denominator of the equation smaller. Dont believe me, look it up. Real unemployment is around 12 %- 15% if you look at the U6 number. BLS has the info.
    6) Obozo comes into office $9T in debt. 3 years later, $16T in debt
    7) Promises to close Gitmo…. instead, he spends $750K on a soccer field for terrorists.
    8) Real inflation rates are close to 8% or higher. Who measures inflation without food and fuel??????? Obozo does!
    9) SOLYNDRA!!!!!!!! need I say more?
    10) Fast and Furious!!!!! If this was a Republican Admin, all of you nutjobs that write on this web site would be going justifiably ballistic!! It would be the lead story on ABC, CBS, NBC, MSLSD, CNN, etc. etc.

    I’ll continue to refocus the discussion on what is important and not these foolish smokescreens the left throws up to obfuscate Obozo’s true failure as a socialist in the White House.

    Have a nice day!

    • rustacus21

      In case U hadn’t noticed, all the things described above are remnants &/or factors influenced by the current/prior Conservative administration/Congress. Brilliant ideas tho; enuff that U never even paid attention then I guess. Only when a Black man, w/seriously diverse administration ‘team’ of professionals (still not a hint of corruption, if U care to google that…) to assist him… 2 bad none of which were able to convince him to give up on that ‘Conservative’ policy lunacy… Well, if fortunate enuff to win re-election, he will surely NEED to do it the CLINTON WAY!!!

  • howa4x

    NJ said that gambling would fund higher ed in the state when it was legalized in the 1970’s but actually ended up funding prison construction after the state Republicans passed 3 strikes and your out laws. Various vices fund worthy causes. But in an age of shrinking revenue any new sources usually goes to plug budget holes

  • By tying gambling revenues to education budgets we are philosophically devaluing our children’s important futures. Education should be at the top of the budget, not part of the funding included in the gambling revenues. Where do the Governor’s salaries sit in the state’s budgets? Not in the line item for gambling revenues. Our country is so tragically loosing our way when we won’t even put our children’s education in a list of top priorities for future growth and development. Gambling revenue to fund education is, pitifully, just that, ie, gambling on our nation’s future.

  • What I know is you never see maximum jackpots won in casinoes anymore or there are long,long periods of time when there are no winner lights going off. Gambling is so obviously crooked anymore and no state agency is monitoring this. Gambling is beyond evil. I had a friend who put it this way. After alcohol treatement and cocaine treatement he had never had a monkey on his back like gambling. He beat alcohol and he beat cocaine but he gambled till the day he died.