First grade math shows slot legislation didn't add up

Big Ed didn't tell the truth?

Gambling money is not the answer
Nearly four years after Gov. Ed Rendell signed into law a bill that ushered in slot machine gambling in Pennsylvania, the state’s taxpayers will finally see a reduction in their property taxes

Most Pennsylvania homeowners could get an average $169 reduction on their property tax bill starting with the 2008-09 school year.

That’s a far cry from the “substantial” property tax relief promised by Gov. Rendell and members of the Legislature who supported casino gambling. The anticipated tax relief is about a 10-percent reduction off school property taxes — way short of the 30 percent in cuts Rendell promised when he first ran for governor.

“It took us a while to get here, but we are finally here,” said Michael J. Masch, the budget secretary for Gov. Rendell. That is an understatement. If Pennsylvania residents knew in July 2004 that the promised windfall from slot machine gambling would take more than four years to materialize and average less than $170, few would have supported the gambling initiative.
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Conveniently, there was no mention in the governor’s recent announcement that school property taxes have risen by hundreds of dollars for the average Pennsylvania homeowner since the summer of 2004. And it’s still not clear how many Pennsylvania residents will share the slot income.

I say follow the money and you will find the pols who pushed hard for this. Hint, look at the old bulls first. They've had more money put in'em then most slots.