17 DAYS TO THE PLAINVILLE SLOTS
REFERENDUM!
Reason #17 to VOTE NO SLOTS:
Reason #17 to VOTE NO SLOTS:
Gambling is a multi-billion dollar drag on the economy:
For
every $1 that's gambled, you lose $3 to the consumer economy.
If the estimated $100 billion now spent annually on gambling – mostly slot machines – went into consumer spending instead, economic models show it would generate more than $300 billion for the nation's slumping economy and create jobs and services, said [John W.] Kindt, a professor of business and legal policy. He says Congress should also repeal more than $40 billion in tax write-offs for slot machine owners.
A ban also would save hundreds of billions in costs to society stemming from gambling addictions, bankruptcies and crime that studies show increases when casinos open, he said.
"No. 1, a ban would pump prime the economy," Kindt said. "No. 2, it would lower pressure on taxes because you wouldn't have as many new addicted gamblers, bankruptcies and crime. So you're eliminating substantial social costs, you're improving quality of life overall and as John F. Kennedy said, 'a rising tide lifts all boats.' "
http://esciencenews.com/articles/2008/09/23/ban.betting.would.boost.ailing.economy.gambling.critic.says
VOTE NO SLOTS on TUESDAY, SEPTEMBER 10th.
The polls are open 8am to 8pm.
COME TO OUR FORUM
Sunday, September 8th, 4pm at the Senior Center
Please get the word out to your neighbors and friends by sharing our Countdown of Reasons to VOTE NO.
To volunteer, or for more information, email info@noplainvilleracino.com.
If the estimated $100 billion now spent annually on gambling – mostly slot machines – went into consumer spending instead, economic models show it would generate more than $300 billion for the nation's slumping economy and create jobs and services, said [John W.] Kindt, a professor of business and legal policy. He says Congress should also repeal more than $40 billion in tax write-offs for slot machine owners.
A ban also would save hundreds of billions in costs to society stemming from gambling addictions, bankruptcies and crime that studies show increases when casinos open, he said.
"No. 1, a ban would pump prime the economy," Kindt said. "No. 2, it would lower pressure on taxes because you wouldn't have as many new addicted gamblers, bankruptcies and crime. So you're eliminating substantial social costs, you're improving quality of life overall and as John F. Kennedy said, 'a rising tide lifts all boats.' "
http://esciencenews.com/articles/2008/09/23/ban.betting.would.boost.ailing.economy.gambling.critic.says
VOTE NO SLOTS on TUESDAY, SEPTEMBER 10th.
The polls are open 8am to 8pm.
COME TO OUR FORUM
Sunday, September 8th, 4pm at the Senior Center
Please get the word out to your neighbors and friends by sharing our Countdown of Reasons to VOTE NO.
To volunteer, or for more information, email info@noplainvilleracino.com.
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