Misguided Lottery Funds

 

January 6, 2020



When North Carolina approved its “education” lottery, it was sold with the conceit that it would provide the money to handle most of the state’s public schools’ capital needs and that by using the lottery funds to pay for capital needs, more money from traditional tax sources, such as income taxes, could be allocated to increase teacher salaries, etc. Critics claimed that the lottery would not meet the schools’ capital needs; that lottery funds would be used to replace, not supplement, funding; that the primary beneficiaries would be those who administer the lottery; and that the...



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