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”
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.
Reallocate lottery revenue.
Themes
Mood
Type
When to use this quote
- government budgeting
- tax policy
- consumer market
- public finance
Key Concepts
Questions to Reflect On
- What are the social impacts of removing lotteries?
- How would consumer markets respond to increased spending?
May underestimate cultural role of lotteries.