Sunday, January 14, 2007

The Real Reason Why the MGA Rather Vote for Slots Rather Than Rasing Taxes On The Rich.

Maryland faces a $1.6 billion budget shortfall. They would have easily resolve it by cutting some excess fat from the current one and rasing income tax rates on the affluent (and by concequence giving the working poor and middle class a nice tax break). Instead they rather raise state revenue the hard way:
"My feeling is that we're going to get the new revenue they want via slots - that's a much easier vote than massive tax increases,"
And why would they?
"We can help the horse racing industry and the lottery, too," he said.
Again, I'm not opposed to legalized gambling, but they need to be heavily regulated and let indivdual counties have the final say.

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