Saturday, June 30, 2007

Tax relief or Corporate Welfare?

Given a choice what would our represenatives in Harrisburg opt for?

Pa. House OKs slots funds for new arena

The state House voted 121-77 today in favor of a new slots-funded economic development program that will supply $8 million a year that's needed to build a new hockey arena in Pittsburgh.

Slots revenue eyed for projects

Supporters of a proposed cargo airport in the Hazleton area are eyeing slots revenues to help pay for the $500 million project. State Rep. Todd Eachus, D-Butler Township, inserted a $16.5 million authorization for the cargo airport in a new House bill listing projects under the Pennsylvania Gaming Economic Development and Tourism Fund.

It doesn't surprise me that this new big pot of gold is just too tempting for our tribunes of the people to resist. Rapid Edward sold this idea to us saying that revenue from the slots parlors would be used to reduced property taxes. I haven't seen my property taxes reduced and the Governor now wants to raise the sales tax with a promise to reduce property taxes that would create yet another pot of money that can be raided. How many more taxes will be proposed with the promise of reducing school taxes only to be diverted to another purpose?

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