State-run lotteries are a regressive tax that disproportionately burden poor Americans, a new study by the Tax Foundation asserts. The 40-page report by the Washington­-based nonpartisan organization argues that lotteries fail the test “of sound tax policy” and allow legislators “to increase spending while claiming credit for keeping taxes low.” However, the July 3 report says lotteries indeed are a…
Want to read the full article and more?