Originally Posted By: teedoff27
Originally Posted By: tubby
If thats true maybe they should hit up their gaming commission for some of that 27 billion dollars they made last year.


What about the BILLIONS that were made at the NYS run Racino's that are supposed to be to fund education. Less than 23% of the profit goes towards education.
http://nylottery.ny.gov/wps/portal/!ut/p/c4/04_SB8K8xLLM9MSSzPy8xBz9CP0os_jggBC3kDBPE0MLC0dnA09vT0fLQDNvA0dfU_2CbEdFALm-TnU!/?PC_7_SPTFTVI4188AC0IKIA9Q6K0QS0_WCM_CONTEXT=/wps/wcm/connect/NYSL+Content+Library/NYSL+Internet+Site/About+Us/Mission+for+Education/Where+the+Money+Goes

The New York Lottery contributed $3.04 billion in fiscal year 2012-2013 to help support education in New York State, nearly 15 percent of total state education funding to local school districts. The New York Lottery continues to be North America's largest and most profitable Lottery, earning over $48.3 billion in education support statewide since its founding over 45 years ago.

http://www.whec.com/article/stories/s3298745.shtml

So why do so many people question the lottery and school taxes? The state legislature uses money from the general fund to pay state aid to schools. Then thereís the lottery aid, which can only be used for education. The state replaces school aid with that so they donít have to raise state taxes, but since state aid never pays the whole bill, local school districts end up raising taxes to make the money add up. Plus, when the recession hit in 2009, the state began taking back aid from schools and has done that every year since


Edited by kyle585 (03/11/14 06:46 AM)
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