Will The Next Government Tax Rebate/Economic Stimulus be a Windfall for Gambling Casinos?
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Would it be more prudent next time “U.S. Government Tax Stimulus Rebates†be “government vouchers†that can only be used to pay for food, housing, utilities, medical bills, e.g., important primary needs?
Would the American Economy be better off if Americans received “Government tax rebate vouchers†that can’t be spent gambling?
Recently Democrat Harry Reid among other Democrats announced they want Congress to approve a “Second Rebate Stimulus Plan†that might include giving billions of U.S. Taxpayer dollars to Americans to help the economy. But could those tax dollar rebates end up in the hands of businesses that don’t help the U.S. economy recover as well as other businesses. For instance, major media has failed to seriously address how much casino gambling in Nevada and other states might have contributed to home foreclosures. Media has not asked loudly enough: did millions of Americans nationally write checks against their home-equity to cover gambling losses on slot machines and other forms of gambling? After home values dropped did casino profits precipitously drop because gamblers lost credit lines? Nationally were gambling casinos big recipients of the Government’s first “economic stimulus rebate†that sent $300-$600 checks to millions of U.S. Citizens: If yes, should federal government next time act to protect U.S. Citizens from losing their “economic stimulus rebates†at gambling casinos and other forms of gambling?
Would it be more prudent next time “U.S. Government Tax Stimulus Rebates†be “government vouchers†that can only be used to pay for food, housing, utilities, medical bills, e.g., important primary needs?
