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View Diary: Lotteries Should be Funded with Wealth, Transaction, & Inheritance Taxes (49 comments)

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  •  There's no reason we can't do this. (3+ / 0-)
    Recommended by:
    Mr Robert, slothlax, cynndara

    Things don't "happen" in a country - either people do them, or they don't.  And if the idea makes sense to us, it makes sense to others too.  Hell, it might even win the support of some industries if you could show them the math that it would increase their bottom lines by injecting money into the consumer base a lot more than it directly costs them in taxes.

    As to limiting it to the poor, that's not really the point of a lottery - it's randomization.  The economy would benefit from regular random injections of modest cash to large numbers of people; randomly elevating the poor to the middle-class or the wealthy; the middle-class to the wealthy; or even the wealthy to higher echelons, all at the expense of the wealthy as a class.  To specifically address the poor, it's better to just have direct command economy measures like higher minimum wages, healthcare, aid programs, etc.  

    Pour yourself into the future.

    by Troubadour on Tue Jan 29, 2013 at 06:52:22 PM PST

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