State authorities are constantly under increasing pressure to provide adequate funding for public education while meeting the demands for development in other economic sectors as well. Policymakers have long been known to be disinclined towards increasing the classic broad-based taxes for financial support. Instead, they have opted to seek ingenious solutions to this impasse. Thus, local education agencies and state governments have resorted to relying on other non-traditional sources of revenue to supplement the earnings obtained from tax. One such unconventional revenue source is education lotteries. Even though lotteries generate a considerable amount of state revenue, the involvement of state governments in the promotion of gambling and the sale of lottery tickets is perhaps the most contentious revenue-generating activity in which authorities participate. State lotteries for funding public education continue to spark debates about the role of the government in as well as the ethics of participating in commercialized gambling. While proponents support lotteries as contemporary financial panaceas, opponents consider lotteries to be an unfair form of taxation that inexplicably places a heavier financial burden on residents from lower socioeconomic classes (Henricks & Brockett, 2014). Accordingly, rather than relying on payouts from lotteries, authorities should increase taxes on commercialized gambling and implement more stringent policies to regulate the industry.
References
Henricks, K., & Brockett, V. (2014). How state lotteries displace American tax burdens by class and race. The Routledge handbook of poverty in the United States , 56.
Delegate your assignment to our experts and they will do the rest.