08-05-2005 12:32									#31
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no

it is a tax on the hope of getting rich

so it is a tax on the poor, as they don't have much hope otherwise.. and so gamble even if they know it is not likely

/jm

	08-05-2005 12:47									#32
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Jon. One of the best posts I've ever read.

	08-05-2005 13:26									#33
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quote: Originally posted by Dissident are you saying poor people lack mathematical ability?

Well if they had mathematical ability, that would help them get a job .

	08-05-2005 13:29									#34
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its as much a tax on the poor as is sales tax.

	08-05-2005 13:30									#35
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so you're saying that the rich dont gamble?

	08-05-2005 13:33									#36
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the rich gambe because they are bored

JM

	08-05-2005 13:33									#37
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the rich gamble where I live.

We had a guy put in $12,000 in just one night. He's dropped millions of dollars in the machines in just 2 years.

	08-05-2005 13:34									#38
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and generally gamble in different ways..

Jon Miller
(show me lifelong millionaires who buy lottery tickets)

	08-05-2005 13:53									#39
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quote: Originally posted by Dissident the rich gamble where I live. We had a guy put in $12,000 in just one night. He's dropped millions of dollars in the machines in just 2 years.

Vegas

And don't forget horse racing... though the odds are usually better on that sort of thing .

	08-05-2005 14:54									#40
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that's why I support Vegas style gambling over lotteries. As I said above, there are decent numbers rich people who gamble.

And I'm not talking about just in casinos. Since IGT has the multi-denom games all the bars, grocery stores, drugs stores, and convenience stores now can have higher denominations. Like $5 denomination, which is $25 a hand for video poker. Or even higher if they allow you to bet more than 5.

If you really wanted to take the poor out of the equation, you can mandate that all gaming devices have a $25 minimum bet. That'll keep the poor out of there.

	08-05-2005 15:02									#41
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better legal state gambling than illegal mobster gambling.

	08-05-2005 15:13									#42
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doesnt the state get some % from the vegas casinos? if yes, are casinos a tax for the rich?

	08-05-2005 15:14									#43
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Ming, Markos is threadjacking!

	08-05-2005 15:19									#44
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Markos, the theory is that since the state lottery players are mostly comparitively poor that legal gambling is a tax on the poor. This ignores the fact that the individuals involved don't have to gamble but do it by choice. As Jon said, it's a tax on hope.

If the rich are gaming away their money in Vegas it's not a tax, it's justice.

	08-05-2005 15:22									#45
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quote: it's a tax on hope

and what about tax on cigars? is it a tax on pleasure?

	08-05-2005 15:23									#46
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it is called a sin tax for a reason...

JM

	08-05-2005 15:32									#47
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"and what about tax on cigars? is it a tax on pleasure? "

No, that's an unfair tax on manhood. If they tax cigars then I demand an equal tax on tampons!

Jon, its a sin tax because its bad for people so taxing it is a good thing because it helps people to quit. Also, it helps offset the huge cost to the health system of all the dying smokers who can't pay their bills.

	08-05-2005 15:37									#48
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quote: Originally posted by Jon Miller it is called a sin tax for a reason...

are you talking about the tax on condoms now?

	08-05-2005 15:40									#49
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quote: Originally posted by Lancer No, that's an unfair tax on manhood. If they tax cigars then I demand an equal tax on tampons!

women smoke cigars too you know and i'm almost sure about men and tampons! so i dont think that's entirely fair.....

	08-05-2005 15:53									#50
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I don't know where you get your stats Markos, very few men smoke tampons.

	08-05-2005 15:55									#51
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Then again if Clinton taught us nothing else its that women use cigars as tampons so maybe...

	08-05-2005 17:50									#52
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One should also remember that when you buy a lottery ticket, you get to have fun fantasizing about what you'd do with all that money.

	08-05-2005 18:21									#53
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yeah, but is that really beneficial? After the fun there's always a down, i think.

But, once again, people are going to do it, better take action and have the money earned go to beneficial purposes ( state gambling rather than private one)

	08-05-2005 18:26									#54
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quote: Originally posted by Imran Siddiqui Perhaps, but they are the idiots who waste their money. I prefer it to be a tax on idiocy, just that the poor have more of that .

The poor don't have more idiocy, they just can't afford to have it the way that the rich can.

	08-05-2005 19:13									#55
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They should use it to fund the military instead, and take away the military's regular funding.

	08-05-2005 19:15									#56
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I don't think that the gamling industry in the US makes 400 Billion USD.

	08-05-2005 19:22									#57
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Exactly.

	08-05-2005 20:32									#58
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Around here, in casinos at least, the rich gamble at least as much as the poor, if not more.
I agree that lottery tickets is different though.

	08-05-2005 20:35									#59
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Gambling is entertainment, just very expensive entertainment. It's effects on local communities is very dire, however. In the Midwest, the introduction of riverboat gambling began a decline in local economies, as money went into the casinos and didn't come back out.

	08-05-2005 21:48									#60
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Why not put a limit on the amount an individual can contribute to the lottery industry? A player would have to present some sort of legal identification when purchasing a ticket. The vendor would be hooked up to a network that keeps track of purchases. When a player exceeded his annual limit he'd be denied further lottery purchases for that year. In order to be effective there would have to be a national network.