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Old 04-07-2010, 05:58 PM   #1
rrr
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Shore Driver-

We keep hearing about the revenue casinos will generate for the state - but I recall someone from NJ telling us that their taxes have only gone up since the casinos came to Atlantic City.

Without getting too personal, would you tell us what effect Foxwoods and Mohegan Sun have had on your taxes?

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Old 04-08-2010, 08:14 PM   #2
Shore Driver
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rrr -

CT taxes of all kinds have gone up or stayed static during the 20 years since the casinos went up. I do not own a business but that is where CT's taxes truly crush people's souls. No taxes that I know of have gone down in my adult life. We are the 2nd-most taxed state in the union, topped only by our fellow paradise, Hawaii.

Please note, it is largely blue states now pushing casinos as a source of revenue, mostly to offset huge pension and personnel costs for their massive, elite class of state workers.

Cheers!
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Old 04-09-2010, 06:29 AM   #3
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Quote:
Originally Posted by Shore Driver View Post
rrr -

CT taxes of all kinds have gone up or stayed static during the 20 years since the casinos went up. I do not own a business but that is where CT's taxes truly crush people's souls. No taxes that I know of have gone down in my adult life. We are the 2nd-most taxed state in the union, topped only by our fellow paradise, Hawaii.

Please note, it is largely blue states now pushing casinos as a source of revenue, mostly to offset huge pension and personnel costs for their massive, elite class of state workers.

Cheers!
I agree that that the public sector unfunded pension problem will be the next huge financial crisis! Hell every entitlement program the government at all levels has gotten us into is in financial trouble!

Casinos in any state will never lower the taxes. The proceeds from casinos will only serve to slow the rate of growth of the tax burden on the private sector.
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