This looks like a bad deal, or at least a not-good-enough deal. It appears to mostly benefit four tribes in
It also looks like a not-good-enough deal for the state of
Plus gambling is a social bad. It is like tobacco: addictive, harmful, and very profitable for the people who sell it. If we aren't going to ban it, we should tax it heavily to discourage people from doing it and to use the tax revenues to do social good. To me, that means more than a 15% tax rate. I pay more than 15% of my income in taxes. So should these casinos.
I also read about problems with the environmental and labor safeguards from people I trust (APEN, for example).
Oh, and who's paying for the ads, one way or the other, doesn't bug me. Of course people who have an economic interest on both sides are going to advertise. These compacts are bad, no matter who says so.
No comments:
Post a Comment