Yes, Gulf Coast golf, there is no Santa Claus
The “Gulf Opportunity Zone Act of 2005,” which will create eight billion dollars in tax relief for Gulf Coast businesses affected by Hurricane Katrina, has passed through congress and will likely be passed into law.
The Bill will exclude casinos, liquor stores, massage parlors, racetracks, tanning parlors – and golf courses.
“They are so flush with cash they really don’t need the benefit like many other businesses need them so Congress made the right call and decided it just wasn’t appropriate to subsidize those kinds of businesses,” moralized Barrett Duke with the National Coalition Against Legalized Gambling.
So sorry Gulf Coast golf courses, casinos are flush, and you must be too. Your contributions to the economy have been weighed and measured, and obviously been found wanting.
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