Harrah is stealing our tax savings

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Harrah is stealing our tax savings

Postby NIN on Wed Mar 08, 2006 8:39 am

http://www.post-gazette.com/pg/06067/666761.stm

If you're at least 21 and living in Allegheny County, Harrah's is counting on you to lose $400 at its slot machines during the casino's first business year. By year four, if you're not sick of losing, you'll be expected to forfeit $521 annually.


Some of you may have heard that individual property tax releif is projected to be $30-$40/month. That is roughly $400/year. Harrah's plan assumes we will all waste those savings on slots machines. Then, each and every year that follows we will throw away another $125/year on top of that.

Property tax "releif" indeed :lol: . This state is just prcieless. A perfect cycle of immorality, theivery, and lies. Somebody from Cleveland will develope acid reflux disease by over indulging in cavier and wine while our homeless will still freeze to death under our bridges. I am so proud.
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Postby ExPatriatePen on Wed Mar 08, 2006 8:43 am

Hmm Cleveland... I heard there was a Rock band from up that way that played in Erie last night...

:shock: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

Seriously..there's more on this in the "PG release report on Impact Studies" thread
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Postby dboss on Wed Mar 08, 2006 9:48 am

This is so unbelievable!! I can't believe Harrah's thinks that 60% of the population in Pittsburgh will spend $650 a year in playing slots. Basically this means that for 60% of the pop. instead of the $400 in projected property tax savings expected, their spending just went up by $250 a year, with $400 less to claim on their federal tax returns.

Their revenue projections are so f'd up its completely unbelievable to me. If the Gaming Board believes this crap then its obvious the fix is in. Harrah's REALLY needs to explain how they expect people to drop so much money into their slots. Based on this report, they can't rely on their lies anymore that they are going to bring in people from outside of PA for the majority of this revenue. I think since they are dodging these questions so much, they KNOW they don't have true revenue projections. Sounds like New Orleans all over again.

Not only this, but if the Pens leave that is only going to alienate a large % of people in the city and will therefore never step foot in this casino. I know I wouldn't.
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Postby NIN on Wed Mar 08, 2006 10:05 am

dboss wrote:This is so unbelievable!! I can't believe Harrah's thinks that 60% of the population in Pittsburgh will spend $650 a year in playing slots. Basically this means that for 60% of the pop. instead of the $400 in projected property tax savings expected, their spending just went up by $250 a year, with $400 less to claim on their federal tax returns.

Their revenue projections are so f'd up its completely unbelievable to me. If the Gaming Board believes this crap then its obvious the fix is in. Harrah's REALLY needs to explain how they expect people to drop so much money into their slots. Based on this report, they can't rely on their lies anymore that they are going to bring in people from outside of PA for the majority of this revenue. I think since they are dodging these questions so much, they KNOW they don't have true revenue projections. Sounds like New Orleans all over again.

Not only this, but if the Pens leave that is only going to alienate a large % of people in the city and will therefore never step foot in this casino. I know I wouldn't.


It's amazing isn't it?

They say that the average loss would be $110 per. VISIT. I am sure there are alot of people out there who have that kind of money to lose in a day but NIN isn't one of them. Whoever wins will be lucky to get that much from me in a year (mainly because im gonna win! :wink: ) let alone one visit!

So 60% of the 21 and over are going to cram into that tiny little dead end section of Pittsburgh and lose an average of $110/visit? :lol:
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Postby Pitts on Wed Mar 08, 2006 10:13 am

dboss wrote:Not only this, but if the Pens leave that is only going to alienate a large % of people in the city and will therefore never step foot in this casino. I know I wouldn't.


I would probably never set foot in the IoC casino either! Just have no real interest in it. :wink:
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