4 ms·
I'd rather see it directed, specifically, to needed public goods. Otherwise it becomes just another generic revenue source (i.e.: a tax) and, over-time, it beco
by incongruity 10y ago
I'd rather see it directed, specifically, to needed public goods. Otherwise it becomes just another generic revenue source (i.e.: a tax) and, over-time, it becomes all too tempting to still milk it for more money. Red light cameras are a good example of this. Revenues from them (in Chicago, at least) went to the city's general fund. That didn't stop the city from reducing yellow light times to increase revenues.
- harryh 10y agoI like that goal too, but I'm not sure how to really do that. A lot of states direct all lottery money to education but that just allows the states to spend less on education out of the general fund. Ultimately money is a fungible thing. No way around that.
- incongruity 10y agoThat's certainly fair/true. FWIW, I appreciate the symbolism and/or keeping revenue streams constrained. At least that forces governments to be honest in taxation rather than allowing these back-door taxation strategies.