FT 13.02 – Poor Tax Abolition Act (Awaiting signature) (user search)
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  FT 13.02 – Poor Tax Abolition Act (Awaiting signature) (search mode)
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Author Topic: FT 13.02 – Poor Tax Abolition Act (Awaiting signature)  (Read 823 times)
Pericles
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« on: September 01, 2019, 04:10:58 AM »
This is as far as I'm prepared to go on limiting lotteries. I'm slightly unsure about the wording for Section 3, "No revenue generated by a lottery shall be paid into the treasury of the Commonwealth.", my suspicion is that this is worded so that it accidentally gives private lotteries tax-exempt status, which I'm pretty sure is not intended. Maybe I'm overthinking this, if not Section 3 should be amended. I am unsure with Truman's idea for a lottery disclaimer, and idk how effective it would be since it seems most people know they are highly unlikely to actually win the lottery. The overall bill is good though, and the lottery is effectively a regressive tax.
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Pericles
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« Reply #1 on: September 04, 2019, 07:03:15 PM »
Truman's explanation satisfies me with regards to the wording, I have no objection to a final vote and will support this bill.
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Pericles
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« Reply #2 on: September 07, 2019, 04:51:16 PM »
Aye
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