[Vision2020] Fair taxation.

Wed, 29 Jan 2003 15:56:11 EST

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Dana quotes:
> "That doesn't make it look like privatized legal gambling is the answer to 
> our budget woes."
> 
> I beg to differ. It appears that your way of thinking there would not be 
> one extra dollar coming into the tax coffers. One little example: The 
> Casino in Coeur d' alene grosses over an average of 2 million a day. If it 
> were a simple 15% gambling tax that would be 60,000 a day. That is 21.9 
> million a year. Granted......this Casino gets a tax free ride.
> 
> In regard to Nevada. They have no income tax. If they impose an income tax 
> based upon the population that would be an average tax to cover their 
> shortfall of $437.50. I wish that is all I paid. Some of Nevada's proposed 
> budget cuts have quite a ways to go. They are still loaded with lots of 
> fat. We here in Idaho have been cutting and cutting. 
> 
> If Idaho was to legalize slots, it would appear to me that we would have an 
> added tax source bringing in an estimated 700 million. So - you tell me how 
> an extra 700 million dollars isn't an asset to the state of Idaho? Those 
> that lose, pay. It is a painless tax. It is by choice.
> 
> Phil


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<HTML><FONT FACE=arial,helvetica><FONT  SIZE=2 FAMILY="SANSSERIF" FACE="Arial" LANG="0">Dana quotes:<BR>
<BLOCKQUOTE TYPE=CITE style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px">"That doesn't make it look like privatized legal gambling is the answer to our budget woes."<BR>
<BR>
I beg to differ. It appears that your way of thinking there would not be one extra dollar coming into the tax coffers. One little example: The Casino in Coeur d' alene grosses over an average of 2 million a day. If it were a simple 15% gambling tax that would be 60,000 a day. That is 21.9 million a year. Granted......this Casino gets a tax free ride.<BR>
<BR>
In regard to Nevada. They have no income tax. If they impose an income tax based upon the population that would be an average tax to cover their shortfall of $437.50. I wish that is all I paid. Some of Nevada's proposed budget cuts have quite a ways to go. They are still loaded with lots of fat. We here in Idaho have been cutting and cutting. <BR>
<BR>
If Idaho was to legalize slots, it would appear to me that we would have an added tax source bringing in an estimated 700 million. So - you tell me how an extra 700 million dollars isn't an asset to the state of Idaho? Those that lose, pay. It is a painless tax. It is by choice.<BR>
<BR>
Phil</BLOCKQUOTE></FONT><FONT  COLOR="#000000" style="BACKGROUND-COLOR: #ffffff" SIZE=3 FAMILY="SANSSERIF" FACE="Arial" LANG="0"><BR>
</FONT><FONT  COLOR="#000000" style="BACKGROUND-COLOR: #ffffff" SIZE=2 FAMILY="SANSSERIF" FACE="Arial" LANG="0"><BR>
</FONT></HTML>
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