Well, this would be a good start:
Inspector General David Thomas, in a report released last week summarizing the findings of an investigation into alleged wrongdoing by the Indiana Horse Racing Commission, suggested that the state should consider scaling back its subsidy, which was $58 million in 2010, to pre-2009 levels.
That year, the subsidy was expanded to include a percentage of slot machine revenues from the state's two pari-mutuel horse racing tracks, Indiana Downs near Shelbyville and Hoosier Park in Anderson. Those revenues also subsidize purses for their horse races. The state subsidy before the tracks opened was $28 million, or less than half what it was last year.
If state run, sponsored, approved and/or subsidized gambling can be called a tax on the stupid, what do you call someone who loses a bundle at the slot machines, which will then be used in part to subsidize the horse races that he can lose another bundle on? A Hoosier.
