Saturday, March 31, 2012

Quotation for Today: A "Nathan Detroit" in Every Governor's Mansion

The quotation for today reminds us that life for middle-and working-class Americans truly is becoming a crap shoot.
"... all Americans should ask what the odds are that more gambling will promote an industrious, thrifty society. And does it make sense for your tax savings to depend on how many of your neighbors make a losing toss of the dice?"
David Cay Johnston
David Cay Johnston is a Pulitzer Prize-winning journalist and author.

It appears that several state governors are attempting to balance their states' budgets on the creation of a new, old regressive tax -- casino gambling.  The regressive revenues from casino gambling will be on top of the existing, regressive sales tax arrangement that aggravates income inequity in America. 

In Johnston's article, you can read about the person who is recommending that states utilize casino gambling to avoid getting needed revenues from increased income taxes. I do not believe a fair-minded individual would characterize the person highlighted in Johnston's article as a friend of middle- and working-class Americans.

As a reminder, "Nathan Detroit" is the gambler played by Frank Sinatra in the 1955-movie "Guys and Dolls"; directed by Joseph L. Mankiewicz. 

Johnston, David Cay. "Politicians keep placing bets." Reuters 30 March, 2012: online edition (U.S.).

Related information:

Lange, Mark. "The gambling scam on America's poor." The Christian Science Monitor 2 May, 2007: online edition.

"Gambling Facts and Stats." PBS Frontline: online edition. An excerpt from: The Business-Economic Impacts of Licensed Casino Gambling in West Virginia: Short-Term Gain but Long-Term Pain By John Warren Kindt 

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