3 ms·
It's more enlightening to think about the proceeds of the funds. If we're taxing the stupid we must be collecting a fair bit of coin, where does the society dir
by s_dev 2y ago
It's more enlightening to think about the proceeds of the funds. If we're taxing the stupid we must be collecting a fair bit of coin, where does the society direct that funding? Education, facilitating children's sports activities, reducing homelessness or allowing the people administering the lottery to buy luxury goods for themselves? The answer seems to depend on which lottery and which country. Some spend this money very wisely.
- bryanlarsen 2y agoAlmost universally lottery proceeds displace tax spending. For example, in my jurisdiction lottery proceeds go to education. That lets the government spend less money on education and more on the boondoggle of the day.