Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Demographic information on parimutuel betters with implications for tax incidence
Conclusions The evidence presented in this paper leads one to conclude that the parimutuel tax is not a desirable tax on the grounds of either horizontal or vertical equity. Since only a small amount of revenue is derived from this tax source in most states 18 it would not be difficult to replace it with a more desirable revenue source. However, one qualification should be made. In Washington, approximately 17 percent of the funds which are derived from this tax are used to finance the Washington Horse Racing Commission which insures races are fair and the bettors receive correct payoffs. Consequently, one-sixth of the tax can be considered a charge for the benefits received from state government in keeping this form of legalized gambling “honest. ” About one-third of this tax revenue helps to finance the State Pairs. The remaining half goes into the state's general fund. What is being argued is that any tax revenue that exceeds that amount necessary to finance the Washington Horse Racing Commission should be replaced by a tax which provides more equity; tax revenues which are used to supervise race tracks should continue to be paid by those who patronize the race tracks and bet on the horses.
Demographic information on parimutuel betters with implications for tax incidence
Conclusions The evidence presented in this paper leads one to conclude that the parimutuel tax is not a desirable tax on the grounds of either horizontal or vertical equity. Since only a small amount of revenue is derived from this tax source in most states 18 it would not be difficult to replace it with a more desirable revenue source. However, one qualification should be made. In Washington, approximately 17 percent of the funds which are derived from this tax are used to finance the Washington Horse Racing Commission which insures races are fair and the bettors receive correct payoffs. Consequently, one-sixth of the tax can be considered a charge for the benefits received from state government in keeping this form of legalized gambling “honest. ” About one-third of this tax revenue helps to finance the State Pairs. The remaining half goes into the state's general fund. What is being argued is that any tax revenue that exceeds that amount necessary to finance the Washington Horse Racing Commission should be replaced by a tax which provides more equity; tax revenues which are used to supervise race tracks should continue to be paid by those who patronize the race tracks and bet on the horses.
Demographic information on parimutuel betters with implications for tax incidence
Marler, Lewis G. (Autor:in) / Berney, Robert E. (Autor:in)
1973
Aufsatz (Zeitschrift)
Englisch
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