Robert ReichApr 6, 2024

FYI, the lottery is a regressive tax disproportionately paid by the people who can least afford it, and little of the proceeds actually go to community funding.

We should fund community services by taxing the rich, not by conning working people into thinking they'll become rich.

Show threadAnts Are EverywhereApr 6, 2024

@rbreich thank you! I don't know why more people don't talk about this.

I call it the "math tax" since it's a tax on people who don't understand expected value.

Show threadMarcus Marcius Marcellus
@rbreich @ants_are_everywhere Or, as my brother in law (a professor of business management) puts it: you don’t significantly increase your chance of winning the lottery by buying a ticket.
Apr 6, 2024 at 5:28pmWeb