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New Jersey listeners, call in about how you're voting on the New Jersey Sports Betting Amendment and why. Phones will be open 212.433.WNYC, or post in the comments below.
The lottery is a tax on people who can't do math.
Regarding sports gambling, I am going to vote for the proposal when I get home. It will raise much needed revenue.
It seems like an inconsistent revenue stream because the amount raised from gambling taxes probably rises and falls with the tides of the economy (those nagging high unemployment numbers). As to other comments, I agree some of the money should go to Gamblers Anonymous. Also, perhaps, there should be a threshold that has to be reached before taxes kick in. It seems like it could set a precedent whereby it lays the groundwork for taxing lottery tickets.
I'm speechless - Middlesex County is a swing county?!!More accurate to say that by some miracle they didn't go for the Democratic candidate. The entire county/local democratic organization is crooked enough to hide behind a corkscrew & people just continue to vote them into office.
In response to an earlier caller who wishes to see proceeds from the Sports Betting tax to go towards Gambler's Anonymous...
Does tax on alcohol go towards Alcoholic's Anonymous?? It's your choice to partake in gambling or drinking or cigarette smoking... This is the problem with citizens today... People expect the government to provide unreasonable services that are just consequences of your own use or abuse. I just don't understand why it's the government's responsibility to provide services like that, the money should be used to keep teachers in schools and drugs off the streets, and cops and firemen on duty, or to feed the thousands of people that are homeless or starving.
If you want to partake in the gambling and can't stop yourself it should be your responsibility to handle it.
The lottery is often called a "poor man's tax".
It is often said that the richest 1% pays 50% of all [income] taxes. (They of course don't include payroll taxes in this statement).
I suggest legalizing and taxing gambling, (along with prostitution and drugs). The revenues can go back to social programs such as Welfare and Medicare/Medicaid.
I'd also like to see the revenue from the lotto, and these other vices, (along with payroll taxes), calculated in the statement of who pays how much in taxes!
Just think its an insult that some/?/all Lottos went through voting approval on the grounds that the funds be used for education and now years later its generally acknowledged that those funds Do Not have special designations.
Betting on sports events is not the same as casino gaming where the house ALWAYS wins eventually.
I'm a sports fan and I see no issue with letting the states run a sports book. I have a bigger issue with states selling $20 scratch off tickets, which I really think preys on the poor.
That last caller really has the best point --- no matter what the arguments for taxing something that is happening anyway, the simple fact is that gambling is designed to make the customer lose money, and the state will now be sanctioning the bilking of its citizens.
Gambling, prostitution, drugs like marijuana and cocaine... they're all happening anyway. Right now we spend billions fighting them and incarcerating low level offenders, and they're still happening anyway. We may as well bring them into the fold, regulate them, and tax them.
I voted in favor. While I long believed that the government should not be in a position to be advocating behavior that used to be considered a personal shortcoming, we have lotteries, racetracks and casinos. In for a penny, in for a pound.
just whats needed...gambling will encourage people to spend money they don't have in the hope to make more money!!!!
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