Tuesday, February 13, 2007
 
Swapping The Good For The Citizens For Good For The State
Missouri bill would trade casino loss limits for a tax:
    A Senate leader proposed a new twist Monday in the long-running debate on loss limits in Missouri casinos.

    Senate Majority Leader Charlie Shields, R-St. Joseph, wants to remove the $500 loss limit per two-hour period and impose a 1 percent tax increase on casinos. Money generated from the changes would be directed at a new scholarship program available to all high school graduates attending a public or private Missouri higher education institution.
You see, they placed this artificial cap on spending to make sure that the casino clients had to fritter their savings away on the riverboat "cruises" (that's what the two hour periods represent, time when the boats would be "cruising" the river; quaintly, riverboat gambling was supposed to take place on boats, not on buildings in an inch of picturesque river backwaters engineered to appease the letter of the law).

But never mind artificial tips to concern for the citizenry; there's money to be made on it.

Coming soon: decriminalizing murder for hire and replacing it with a licensing fee structure, permit requirements, and an excise tax.


- posted by Brian J. @ 5:52 AM
Comments: Post a Comment

<< Home
 
To say Noggle, one first must be able to say the "Nah."