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Old 06-17-2012, 02:38 AM
Indian Charlie's Avatar
Indian Charlie Indian Charlie is offline
Goodwood
 
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I think this thread has set a record for non politics message boards for the most use of the word 'draconian'.

But, yeah, Sal is right. High taxes never really work well.
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Old 06-17-2012, 10:01 AM
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GenuineRisk GenuineRisk is offline
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You're spot on, Doug, but I don't know that it'll ever get any better. There's an incredible preference, in business and politics, to favor short-term over long-term planning. Yes, reducing the takeout would attract more betting money over the long term, but how to persuade the powers that be that the long-term growth is worth the short-term loss with a reduction in takeout?

So frustrating.
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