Tuesday, October 03, 2006

State Lotteries are Needed

Summary :
Due to the United States’ economic crisis, states receive less revenue from tax collection; thus, it is very necessary for the government to use lotteries as a tool to increase state revenues without imposing higher taxes upon citizens. Lotteries are not new things for American. They have been used and existed for a long time. Moreover, the author mentioned an expert to provide some advantages of lottery, John Morgan, an economist. He argued some benefits of lotteries that they help increase provide of public good such as education and transportation, improve welfare, create occupations and enhance fiscal situation. The author also emphasized on the necessity to provide state lottery. State without lottery lost a large amount of money because people pay money for other states’ lottery. This hurt economy and led to state budget problems. Most importantly, lotteries are an effective tool to relieve the pressure of taxpayers. People pay for lotteries voluntarily. In contrast, the author also provided a controversial opinion on lotteries. Adults may spend much more money for lotteries than for paying high tax rate to win big. Therefore, the drawbacks of the lotteries should be as well documented as their benefits.

0 Comments:

Post a Comment

<< Home