Good try anyway and keep after them. Personally I think our best bet is a “tax on purchase” plan with funds going to the state and federal government. If we could make the case of how much this could raise in federal and state funds then we might be able to get a few legislators behind us.
Lets say that the industry as a whole generates $12 billion dollars in the US in deposits each year….
$12,000,000,000.00
6 percent Federal tax on deposits = $720 Million
6 percent State tax on deposits = $720 Million
Total revenue generated annualy = $1.4 Billion
Set backs
10% Problem Gambling fund = $140 Million
25% to Education = $ 350 Million
Remainder used at governments discretion = $990,000,000