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Commentary :: DNC
Could Obama's Tax Dollar Rebate—be a Windfall for Gambling Casinos?
23 Oct 2008
Modified: 05:05:31 PM
Would the American Economy be better off if Americans received tax rebate vouchers that can’t be spent at gambling casinos?
Will Obama’s Tax Plan To “Spread the Wealth” and Rebate Tax Dollars to Persons who Pay No Taxes—be a Windfall for Gambling Casinos?

Would the American Economy be better off if Americans received tax rebate vouchers that can’t be spent at gambling casinos?

In stead of Obama’s tax plan to give away or rebate tax dollars to forty percent of tax filers who pay no taxes at, it might be more prudent that the “forty-percent” receive “government vouchers” that can only be used to pay for their food, housing, utilities, medical bills, e.g., important primary needs. That would ensure taxpayers wouldn’t have to pay twice—again later for the same primary needs of forty-percent that pay no taxes.

Recently Obama, Democrat Harry Reid among other democrats announced they want to have approved a “Second Rebate Stimulus Plan” that might send billions U.S. Taxpayer dollars to Americans to help the economy. Obama states that he wants to increase income taxes against Americans that pay taxes and give their tax dollars to forty-percent of tax filers who pay no taxes at all. But will Obama’s tax dollars end up in the hands of businesses that might not help the U.S. economy recover as well as other businesses might. For instance, major media has failed to seriously address how much casino gambling in Nevada, Rep. Harry Reid’s state and other states might have contributed to home foreclosures. Media has not asked loudly enough: did millions of Americans write checks against their home-equity credit lines to cover gambling losses on slot machines and other forms of gambling? When home values dropped and the credit crisis happened, did casino profits precipitously drop? Nationally were gambling casinos big recipients of the Government’s last so-called “economic stimulus rebate” that sent $300-$600 checks to U.S. millions of U.S. Citizens?

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