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Keno, the Regressive Taxation Vehicle

post #1 of 8
Thread Starter 
Here in Montana, home of legalized gambling and the dime store casino (none of that Vegas monstrosity for us), the Keno machine is the king of regressive taxation. Visit any bar or restaurant that calls itself a "casino" and witness the poor folks piddling away their meagre incomes trying to "break the bank" on the Keno machine. It's one of the saddest things I've ever seen.

We don't stop there. We also participate in Powerball and have a state lottery.

For some reason, we don't have big levies on the traditional "sin taxes" of tobacco and alcohol. We make up for it with high property taxes and a big hit when you renew your vehicle registration each year.
post #2 of 8
Thanks to a local watch repairman we repealed our car tax. Mine went from $600.00 a year to $100.00 (there are still some transactional fees).

We have a state lotto but no Powerball. Money from the lotto goes to public schools.

Funny - I calculated the cost of purchasing a lotto ticket every time they draw (twice a week) against the money I spend on mochas. I spend more on mochas in a year than if I took a dollar chance a draw on the lotto.

My GF in SLC actually wishes they had a lotto so the schools could get more funding.

<FONT COLOR="#800080" SIZE="1">[ January 15, 2002 01:10 PM: Message edited 1 time, by Sugar Snack ]</font>
post #3 of 8
Aren't gambling and lotteries referred to as "stupidity taxes?"
post #4 of 8
so the schools could get more funding


It never works that way for long.
post #5 of 8
Losers, the definition of:

Pokie (slot) machine, stool, pack of smokes, mixed drink, breathtakingly beautiful wall to wall carpet (with rainbow fish motif), 30% "natural" ambient light, silent endless repetitions of the same muscle group we await our 15 mins of fame, light & sound show spectacular, jackpot!

Flipside of the big picture…

Oz [img]smile.gif[/img]
post #6 of 8
Lotteries are a tax on people who are bad at math.
post #7 of 8
Here in BC, the debate over expansion of gambling has been raging for years. The govt sees it as a cash cow, and there have been a number of plans for major casinos (including one at Whistler), all which have been thwarted by public pressure. I'm glad; not because I don't think people need to be protected from their own stupidity, but it's not the type of image I would like our visitors to associate with British Columbia.
post #8 of 8
<BLOCKQUOTE>quote:</font><HR>Originally posted by JR:
The govt sees it as a cash cow, <HR></BLOCKQUOTE>

That's because it IS!
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