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Sin Taxes

Date Submitted: 10/23/2004 07:08:01
Length: 9 pages (2460 words)
Views: 58918

Sin Taxes A Fiscal Temptation Gambling and Excise Taxes as Revenue Alternatives The squeeze is on. Demand for government to decrease it's reliance on sales, property, and income taxes as sources of revenue is continuing to rise, leaving policy makers scrambling for new, less painful sources of revenue. Also going up are the costs of providing public services, entitlement programs, and conducting the other various functions of government. This upward spiral requires that they simultaneously …

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…and the general public once regarded them. Gambling revenues, whether from public or private enterprises, should only be considered partial and temporary solutions since their longevity is questionable. Excise taxes can be an excellent way of curbing the use of certain products and are therefore a better as a budgeting tool than a revenue one. The only truly dangerous temptation left is in believing that any single idea is the ultimate solution to our problems.

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