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Buying Quote by John Warren Kindt

“The smartest thing legislatures can do is get rid of lotteries and get those dollars buying consumer goods and get the sales tax revenues from that” quote by John Warren Kindt
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“The smartest thing legislatures can do is get rid of lotteries and get those dollars buying consumer goods and get the sales tax revenues from that”

John Warren Kindt

About This Quote

Source Article: Fiscal Policy Review, 2012

Suggests eliminating lotteries to redirect funds toward consumer goods and tax revenue.

In simple terms: Redirect lottery funds to consumer spending.

Key Takeaway

Reallocate lottery revenue.

Themes

economics public finance taxation consumer behavior

Mood

analytical critical

Type

economic policy

When to use this quote

  • government budgeting
  • tax policy
  • consumer market
  • public finance

Key Concepts

allocation efficiency public welfare budgetary policy

Questions to Reflect On

  • What are the social impacts of removing lotteries?
  • How would consumer markets respond to increased spending?
A Different Perspective

May underestimate cultural role of lotteries.

2.3 out of 5 (10 ratings)

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