LaxPower Back-Up Stick

wgdsr wrote: ↑Sat Aug 31, 2024 4:12 pm

Farfromgeneva wrote: ↑Sat Aug 31, 2024 3:49 pm

Jim Malone wrote: ↑Fri Aug 30, 2024 12:42 pm The only thing gambling is good for is filling the state tax department coffers with the 6% to 50% plus excise tax on bets and incentives.

Same with cannabis sales.

The Sin taxes for the win.

How is cannabis usage a sin? You a UC Irvine grad? Play pickleball w Moms friend?

https://youtu.be/Fk9Lspb9f9U?si=NhIj6uNLVQQldLD8

yeah, that was weird. shrooms is a tough one, think i'd have to be on a beach nowadays and even still.

but don't come @ pickleball. just bought and set up a local net etc. been all over it the last couple weeks.

My issue with pickleball is the hijacking’s of space and courts for it without asking. But that was fork the SNL clip anyways. It’s funny you should’ve check it out.

I took some in a forest at the NC/SC border near a cabin we have in Ceasars head mtn sc yesterday. (Been planning for a while and my 18yr old dog fell broke her leg Friday night and they found cancer so I took care of the kids yest then went for a four hour hike).

Read Michael Pollan on psychedelic therapy. Or listen to this old podcast. There’s over $100Bn in VC money tossed into this space it’ll be legal soon enough.

https://www.econtalk.org/michael-pollan ... your-mind/

NereoOscar12 wrote: ↑Sat Aug 31, 2024 8:00 pm No. In any sports gambling affects results and destroys integrity
For gambling there's bingo, lotteries and casinos

Generally this is the right answer. It doesn’t enhance the game all downside but it’s irrelevant as to its existence. Pizza is bad for folks and yet…

In past eras gambling & its inherent scandals could affect sports. In modern America the memory hole effect begins within, eh, eight weeks? No issue at all!
"We need to look forward, not back..." //s

bearlaxfan wrote: ↑Sun Sep 01, 2024 10:24 am In past eras gambling & its inherent scandals could affect sports. In modern America the memory hole effect begins within, eh, eight weeks? No issue at all!
"We need to look forward, not back..." //s

You go first…

When can their glory fade?
O the wild charge they made!
All the world wondered.
Honour the charge they made!
Honour the Light Brigade,
Noble six hundred!

For those too young to remember, the federal and state excise taxes on gambling, liquor and cigarettes were referred to the "sin taxes".

Not in the biblical sin way. I just added cannabis to sin taxes due to the high percentage of excise tax.

Pickleball is not for me, prefer a day on the links chasing the little white ball down the fairways or roughs.

Jim Malone wrote: ↑Mon Sep 02, 2024 12:56 pm For those too young to remember, the federal and state excise taxes on gambling, liquor and cigarettes were referred to the "sin taxes".

Not in the biblical sin way. I just added cannabis to sin taxes due to the high percentage of excise tax.

Pickleball is not for me, prefer a day on the links chasing the little white ball down the fairways or roughs.

I’ve heard the term or sin bin investments oo but they are bizarre, inaccurate and amorphous worthless descriptors IMO.

Why are we talking pickleball and golf - fng play the FR EA toes game until our in a wheelchair!

Otherwise known as https://mru.org/dictionary-economics/pigouvian-tax

44WeWantMore wrote: ↑Mon Sep 02, 2024 5:31 pm Otherwise known as https://mru.org/dictionary-economics/pigouvian-tax

How is this unique from friction or rent seeking?

However that’s a slippery slope you roll down there. The like of liberty/freedom you are forced to define first and defend in order to justify the nagarice value laden description your link offers. An unsinkable debate you walk yourself into if you slap judgement and values onto the activity.

So is a sin tax on tobacco, booze, CO2, pollution, etc. First you have to define your sin. Then you have to set an appropriate tax amount to offset the externality. As you say, it is a slippery slope into rent-seeking. But so is the rest of the tax code, and nobody can defend that either.

44WeWantMore wrote: ↑Mon Sep 02, 2024 8:46 pm So is a sin tax on tobacco, booze, CO2, pollution, etc. First you have to define your sin. Then you have to set an appropriate tax amount to offset the externality. As you say, it is a slippery slope into rent-seeking. But so is the rest of the tax code, and nobody can defend that either.

And defining the cost of the externality with a limited R squared error rate such that there’s a threshold min cost that’s agreed upon by the collective majority.

I would argue playing income tax games by moving to FL or nominally residing in NH is a far greater sin than getting high and good luck isolating the discrete cost/ damage from he specific function compared with other variables. To
Tax hawser on amorphous concept of “cost” to society is just not to my tastes. I know a small bank who’s got a board member who owns a gun shop(s) but refuses to take in chops deposits form OnlyFans which is a completely clean and legal social media content creation platform. Give me a break and save me the 4% or so on cost of funds with the only major company that the creator controls what goes into the platform completely.

Which is why a uniform, low, flat tax on everything is (or should be) the natural Schelling point, but that becomes a topic for the part of FanLax I avoid.

And, yes, I am avoiding defining everything.

44WeWantMore wrote: ↑Tue Sep 03, 2024 12:34 pm Which is why a uniform, low, flat tax on everything is (or should be) the natural Schelling point, but that becomes a topic for the part of FanLax I avoid.

And, yes, I am avoiding defining everything.

We’re in the same page. It is bizarre world over in that section for sure.

It’s not even the flat tax aspect but limited verbiage in code and no exceptions, carve outs or subsidies.

But I still separate the games impact, lower quality, from this moral aspect folks want to overlay. They overlap but the impact on the game is the issue

And then there is this non lacrosse sport!

https://www.si.com/college/sources-notr ... estigation

So dumb. I don’t pay attention to swimming but if I did I’d love betting like that. I’m also a degenerate.

But still what is the NDAs doing? Are they stuck in the 80s?

The American Gaming Association (AGA) has projected that American adults will place $35bn in bets with legal sportsbooks throughout the 2024 NFL season.

To mix analogies: feel free to joust at your windmill, the train has left the station.

Dip&Dunk wrote: ↑Wed Sep 04, 2024 2:39 pm The American Gaming Association (AGA) has projected that American adults will place $35bn in bets with legal sportsbooks throughout the 2024 NFL season.

To mix analogies: feel free to joust at your windmill, the train has left the station.

What was Rocinante's motivation?

Dip&Dunk wrote: ↑Wed Sep 04, 2024 2:39 pm The American Gaming Association (AGA) has projected that American adults will place $35bn in bets with legal sportsbooks throughout the 2024 NFL season.

To mix analogies: feel free to joust at your windmill, the train has left the station.

Whos tilting at windmills? You going to legalize all schedule 1 drugs too since there’s so much money in the rehab industry?

https://www.fortunebusinessinsights.com ... ket-107172

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The rising number of patients seeking assistance for substance use disorder treatment, with the increasing number of service providers providing residential treatment facilities, is fueling the market growth during the forecast period. Also, the rising number of physical therapy rehabilitation centers in the country and the increasing number of people enrolling for Medicare beneficiary’s plans for insurance coverage is contributing to the U.S. substance use disorder treatment market growth during the forecast period.

PizzaSnake wrote: ↑Wed Sep 04, 2024 2:54 pm

Dip&Dunk wrote: ↑Wed Sep 04, 2024 2:39 pm The American Gaming Association (AGA) has projected that American adults will place $35bn in bets with legal sportsbooks throughout the 2024 NFL season.

To mix analogies: feel free to joust at your windmill, the train has left the station.

What was Rocinante's motivation?

On the surface, to carry Quixote. Metaphorically, to be Quixote's mirror. Internally, to strive for what he cannot be.

A poor example in lacrosse of the jousting is the continued desire for RM to be brought back to Navy.

Farfromgeneva wrote: ↑Wed Sep 04, 2024 8:50 pm

Dip&Dunk wrote: ↑Wed Sep 04, 2024 2:39 pm The American Gaming Association (AGA) has projected that American adults will place $35bn in bets with legal sportsbooks throughout the 2024 NFL season.

To mix analogies: feel free to joust at your windmill, the train has left the station.

Whos tilting at windmills? You going to legalize all schedule 1 drugs too since there’s so much money in the rehab industry?

I guess we have a difference in the meaning of the term jousting at windmills. The moral of Don Quixote is to show how ridiculous antiquated beliefs can be to those who have conquered living in the present.

Feel free to voice your opinions and I actually agree with this one. To continue with metaphors, I just don't have the altitude and air speed to battle here. Gambling as a whole is too big, established, organized and desired by too many people, thus the train part of my comment. The drug analogy is a good one but we have already had a Great Experiment and it failed horribly.

It can be true both that gambling has become too big of business to ever be reined in AND that it is generally a blight on the areas of society it touches. I don’t mean of course your office NCAA pool or Friday poker with friends but gambling at a scale that produces those AGA numbers. It can also be true both that football would indeed not be as popular as it is without gambling AND that this is irrelevant as lacrosse is a niche sport that will always be a niche sport. I can’t see gambling ON lacrosse ever involving any significant money but if it did I would see a huge potential for a negative impact because of how little money is involved IN the sport. You can’t pay an NFL player (or NCAA player these days) 50K to throw a game because they are making so much already the risk wouldn’t be worth it. For a college, or pro, lax player however, that’s real money. Many of these guys aren’t from family situations where money is tight but temptation is temptation.