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By the quoted numbers the lottery is literally 45% tax. You seem to be arguing that it's a fun fantasy, so what's the harm in playing? That misses the point co
by ALittleLight 4y ago
By the quoted numbers the lottery is literally 45% tax.
You seem to be arguing that it's a fun fantasy, so what's the harm in playing? That misses the point completely. My comment is not that the lottery is bad or should not be played but that it is a regressive tax. We could eliminate or greatly reduce the tax and double the number of winners.
I don't think the government should be funded by taking money from the poor. What's the tax on golf resorts or yacht rentals or things that rich people do for fun? Is it 45% of revenue?
Maybe it's a very HN/reddit take to be suspicious of regressive taxes, but I think it's basically status quo bias to reason that the 45% revenue tax on poor people's recreation is fine because that's the way it is - or whatever reason you think this is fine.
- willnonya 4y agoWhat you seem to be missing is that it's only a tax on voluntary participation. Like smoking, gambling, purchasing anybotger form of entertainment. It's not a regressive tax in the way you're portraying it but rather a consumption tax. Sure, the poor are more likely to play but I think your argument is on more solid ground if you flip it and suggest the lotteries shouldn't be taxed. At least not like they are. The problem after all is not that people play lotteries but that so much of it is taken in taxes.