tag:blogger.com,1999:blog-7480995.post108916736689794363..comments2023-07-16T09:43:40.228-04:00Comments on The Conversation: Great MindsJonathan Pottshttp://www.blogger.com/profile/18433924194960127561noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7480995.post-1089373851013063312004-07-09T07:50:00.000-04:002004-07-09T07:50:00.000-04:00Anon: you are right, my post at Fester's Place is ...Anon: you are right, my post at Fester's Place is not hyper specific and I mainly referenced articles. My intention, that I evidently did not do a good enough job of expressing, was that the state is treating the casino money as fundamentally found money and wishlist fullfillment money although it has not even arrived yet, and I also believe will be significantly lower than the most optimistic projections.festerhttps://www.blogger.com/profile/01718756982251152390noreply@blogger.comtag:blogger.com,1999:blog-7480995.post-1089322929668132352004-07-08T17:42:00.000-04:002004-07-08T17:42:00.000-04:00I don't think anybody has mentioned that the prope...I don't think anybody has mentioned that the property tax "reduction" is depends on an <A HREF="http://www.blogger.com/r?http%3A%2F%2Fwww.philly.com%2Fmld%2Finquirer%2F9093457.htm">increase</A> in local income tax! <br /><br />Of course, the rebate <A HREF="http://www.blogger.com/r?http%3A%2F%2Fwww.pennlive.com%2Fstatehouse%2Fpatriotnews%2Findex.ssf%3F%2Fbase%2Fnews%2F108901921588900.xml">depends</A> on how many people apply for it, but I figure I will lose 1/2 to 3/4 of the exclusion because of the tax increase on our combined income.<br /><br />I wonder they have though what happens when the baby boom starts to retire, in the next 10 years, or so, and income tax revenue declines? Will they just jack up the income tax further, driving more people out of PA? Or raise the property taxes back up, making the large retired community annoyed?<br /><br /><A HREF="http://www.blogger.com/r?http%3A%2F%2Fwww.philly.com%2Fmld%2Finquirer%2F9093457.htm">New Pa. law plays seesaw with suburban taxes</A>http://www.philly.com/mld/inquirer/9093457.htm<br /><br /><A HREF="http://www.blogger.com/r?http%3A%2F%2Fwww.pennlive.com%2Fstatehouse%2Fpatriotnews%2Findex.ssf%3F%2Fbase%2Fnews%2F108901921588900.xml">Tax-break questions, answers</A> http://www.pennlive.com/statehouse/patriotnews/index.ssf?/base/news/108901921588900.xmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7480995.post-1089321366316208912004-07-08T17:16:00.000-04:002004-07-08T17:16:00.000-04:00Here is an enlightening article from the Philly In...Here is an enlightening <A HREF="http://www.blogger.com/r?http%3A%2F%2Fwww.philly.com%2Fmld%2Fphilly%2Fnews%2F9102134.htm">article</A> from the Philly Inquirer <I>(Imagine, someone from PIT reading a PHL newspaper. <B>The scandal.</B>)</I>) on how a bill gets rushed through in PA.<br /><br />Slots bill bypassed the usual procedures<br />http://www.philly.com/mld/philly/news/9102134.htm<br /><br />From one page to one hundred and forty six pages. Nice. If you want to read the actual bill ...<br /><br />House Bill 2330<br />http://www.legis.state.pa.us/WU01/LI/BI/ALL/2003//0//HB2330.HTMAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7480995.post-1089320332949558152004-07-08T16:58:00.000-04:002004-07-08T16:58:00.000-04:00Hmm, I found Fester's article a little lacking in ...Hmm, I found Fester's article a little lacking in detail. It just referenced three PG articles. I found <A HREF="http://www.blogger.com/r?http%3A%2F%2Fwww.pittsburghlive.com%2Fx%2Ftribune-review%2Ftrib%2Fregional%2Fs_200992.html"> this</A> detailed article in the TR describing how 5%, up to $150M, of the gross revenue from slots will pay for a $2B "economic development" bond. (Ya, right.) This is separate from the $2B "economic stimulus" package.<br /><br />Area may get $400M from slots<br />http://www.pittsburghlive.com/x/tribune-review/trib/regional/s_200992.html<br /><br />Since Fester poo-poos the TR, I figured the missing details would be interesting.<br /><br />I have no dog in this fight. Slots are a negative EV game, and they did not legalize poker. So, I continue my tour of all the poker rooms in North America.Anonymousnoreply@blogger.com