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Addiction Markets

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383 points toomuchtodo | 1 comments | 31 Oct 25 17:42 UTC | HN request time: 0.227s | source
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Humorist2290 ◴[31 Oct 25 23:50 UTC] No.45777973[source]▶

  But if you want to outlaw this harmful activity [licensed gambling], you have to find a way to replace 6.4% of Maryland’s budget, which is slightly less than the entire amount the state brings in from corporate taxes.
A fraction of the proceeds of losing bets from a fraction of Maryland's citizens contributes almost the same to state services -- EMS, education, road maintenance, etc -- than the total corporate taxes levied on all businesses.

Do I misunderstand, or is this just actually incredible?

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1. 127 ◴[01 Nov 25 12:14 UTC] No.45781051[source]▶
It's very weird to me how some state entities think cannibalism will cure famine.