How About a Friendly Wager, Governor?

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    Governor McDonnell promises that state revenues will not suffer from the ABC privatization initiative. With this, he’s betting with our money. So I offer some consequences: if he is so dead certain that the move will generate the same revenue stream let’s wager $10,000. Like taking candy from a baby.

    All of the four proposals on the table are losers for our roads and schools, and it looks like he is going to be stopped dead in his tracks because math teachers have been doing a good job in Virginia. Nevertheless he ought to demonstrate his confidence and that he’s good on his word in some way. To keep it simple, the wager will be for the year following the initial “windfall” and include the revenue stream generated by alcohol licensing and taxes on the booze and the taxes on income from the hard hooch sales. No cute accounting tricks like with the budget allowed. He doesn’t get to call WalMart a liquor store and include all of WalMart’s sales of underthings or whatever.

    And when I win, here’s my promise: I won’t keep the money. I’ll contribute it in his name to the McAuliffe for Governor campaign. Or if he objects to that, I’ll donate it to a charity. Something he can appreciate like a religious cause. Say, the mosque being built in lower Manhattan.  

    • totallynext

      http://www.policyalternatives….

      Look for a study that has direct correlation with # and access of liquor stores with crime.

      As the study conclusion states

      Here is the sting

      – Private companies need to sell more – to report profit and sales growth for investment purposes.

      – Private companies now introduce huge swings in the wholesale and markup based on individual outlets.  

      – going from small controlled access to unlimited numbers, lower operating hours, etc.

      – crime, treatment and other related cost of alcohol consumption must be correlated to the easy access of booze.

      It is not going to be pretty folks.

    • Elaine in Roanoke

      Get ready NOVA. We now have it on record that McDonnell and his gang want “increased sales” to provide lost revenue, especially in Northern Virginia.

      According to today’s Richmond Times-Dispatch,  Eric Finkbeiner, senior policy adviser to McDonnell, said the administration “expects license fees for wholesale and retail distributors to generate revenue, along with taxes from increased sales, especially in Northern Virginia.”

      Here we go…a repeat of Alberta Canada….