The House on Wednesday approved legislation to provide an array of tax breaks aimed at spurring the Gulf Coast's economic recovery -- but would exclude casinos from these benefits. Massage parlors, liquor stores, hot tub facilities, country clubs, racetracks and suntan facilities also would be ineligible for the tax incentives.This insanity is brought to the Katrina ravaged Gulf by social conservatives. Gambling was the biggest industry in the Gulf. It generated 50,000 jobs and $770 million in tax revenue in MS and LA. Hopefully some realists will prevail in the Senate.
The provision sets up a showdown with the Senate, which did not include similar restrictions in its post-Katrina tax relief package.
Thursday, December 08, 2005
Where's Bill Bennett?
He's needed in da House err make that the Senate.....
Posted by scout prime at 12:10 AM