Oregon gets 'substantially more' revenue from the lottery than from corporate income tax

[Bluebear]

So sad. This from David Cay Johnston at Tax.com:

The long-running drive in America to push the burden of taxes down the income ladder has reached a new milestone in Oregon, which sends a troubling message for where our country's public finances are headed.

Oregon now gets substantially more revenue from state-sponsored gambling than from its corporate income tax.

The Oregon Office of Economic Analysis, the state agency that forecasts revenue and expenses, said that for the 2011-2013 biennium, the lottery should net the state almost $1.1 billion compared with just under $900 million from the corporate income tax. ... In other words, in Oregon those least able to afford it, those who benefit least from America's economy, are being cajoled into bearing a heavier share of the burdens of government. At the same time, politicians are lavishing ever more tax breaks on corporations, those storehouses of wealth whose managers want to enjoy the benefits of public transportation, public education, public courts, and everything else the taxpayers provide, without sharing in the burdens.

http://www.americablog.com/2011/04/oregon-gets-substantially-more-revenue.html