asset tax

Policy 12: How does gambling shift taxes from the middle-class to the poor?

Policy 12: How does gambling shift taxes from the middle-class to the poor?

Consider a tax plan that would result in millions getting an incurable disease, like cancer. Wouldn’t that be evil?  This is the reality of funding revenue shortfalls through casinos, lotteries, and other games of chance, as “Gambling Disorder (GD)” is a mental disorder according to the DSM-V. And gambling causes real suffering in people. In fact, based on this research study conducted by GREO, we know that “problem gambling rates” range from 0.4% to 7.5% in the general population. There's an expression in Capitalism; ‘let the devil take the hindmost,' meaning only the fittest survive and everyone else can die. Applying this to gambling addiction is like saying: 'if you have a gambling problem it's your problem, not mine.' This is the toxic reality of an individualistic society that trains people to be okay with the weak being put through the meat grinder.