effect Casino play etc. when massive de regulations begin. Will it make it easier or worse for APs? Look forward to comments on this. Thanks in advance,
Good Cards, LWC
P/S, please keep comments towards AP subject matter, thanks.
1. He wants to lower the Corporate Income Tax to 15%. If that's the case, high income earners might be well served to incorporate their gambling business
2. He wants to abolish the entire concept of Tribal Sovereignty, particularly as it relates to gaming and casino ownership. Personally I would love to see this.
Because Trump has a long history of inconsistency with regard to his corporate activities and statements-something that would likely carry over to the political sphere and any associated impact on casinos.
The most accurate rule of Trump-ology is that he does things in his own personal interest whatever he says. Difficult to see at this current time how any gambling-related legislation would assist him personally, so I suspect little will actually change.
That since his negative experience with Trump 29 (now Spotlight 29) he has it out for the tribes.
The reason that Trump has long antipathy towards tribal sovereignty is that he considered tribes to be competitors in the casino business. He contributed $1 million to an ad campaign describing tribes as major drug dealers. Basically, he wanted tribal casinos shut down so they wouldn't compete with his businesses. This is what could happen without any sovereignty.
Recently I've seen some interesting things. I think your comments are interesting as well. Can you elaborate more on the subject? Thanks in advance. Good Cards, LWC.
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Is it patron abuse, taxation or other? Would tribes still have protections of rights and land/reservation control? Whites crushed these people; should they just integrate and leave history as history? Thanks for your insights.
I wrote about this seven years ago, and still feel the same way:
17. Eliminate �tribal sovereignty� for Native Americans. Existing tribal casinos should be �grandfathered� in, but no new ones should be permitted except as otherwise compliant with state laws. Present �Indian reservations� can be restructured as counties (parishes in Louisiana), subject to state law. �Tribal governments� and tribal courts should be disbanded. Tribes can remain in existence, but they would be treated as any other business entity.
There will be significant changes in the tax code in 2017. I'm looking forward to this. Changes mean opportunity.
As a tax professional, I will find an advantage play, and I'll make more money for my clients (and maybe myself) on one "advantage play" with tax strategy than I'll ever make in a lifetime slogging around the casinos...
Thanks for your opinion Bear. When you turn "their" land into parishes or towns and neighborhoods, they lose their heritage. I assume non-tribesmen are not allowed to live on reservations currently, but they would be allowed to do so in your scenario.
It seems similar to an invading army that destroys the history of their victim in an effort to essentially destroy their heritage. They wipe out museums, sacred art and places and the unique people become blended in to society. We made the natives cut their hair, change their clothing, speak English and learn Christianity. All the while, the new country was being formed, in part, for religious freedom and tyranny. I don't see how going the additional steps you state helps anyone. Your thoughts about their casinos is easier to understand.
While there's a lot to dislike about the reservations, at least monuments, some culture and sacred areas are maintained. Unfortunately, there's a lot of poverty and lack of education.
Why not keep the reservations, which is a tiny part of what the tribes collectively controlled pre-white/Spanish/French? However, implement US and state laws, including some form of taxation.
I think it's at least interesting to have the native culture residing within our country. It seems the least we can do.
The Comanches controlled/"owned" Texas at a minimum plus border lands. If not for them, the Conquistadors would have pushed much further than they did. The Comanches "stopped them at the border".
I'm not sure how much, if any, wealth they gained from the oil extracted from their lands. I've never had a problem with tribes getting casinos including tax breaks, but I've always had a problem with states too dumb to allow competition. North Carolina is a perfect example.
NC protects the monopoly despite it being farther away for much of their population than NJ, DE, MD, WV, DC, FL and PA (and it's a quicker flight to Las Vegas in some cases). The state collects taxes/fees (open bribes) while staving off competition.
I can see your point about the laws but not turning reservations into parishes. Of course, my information is limited and knowledge weak on the topic overall. But, it sounds like you think our country's native heritage should just be quiet and meld in with the rest of us.
If I'm missing something, please enlighten me. I find it an interesting conversation, but I can see that it could be too political for this page. Thanks.
It is very ugly, xenophobic and deeply offensive. Not to mention off-topic.
On the Indian casino question the position is this: The Indian casinos have little to no effective deregulation. I think some AP's are sore because they had bad experiences there. I get that.
However, The tribal properties does have some unique opportunities because of the weird legislative environment. If you close them down that means less opportunities for AP's. If you replace them with Trump properties or whatever then you get more cookie cutter casinos and still less opportunities for AP's. There is no scenario where this is good for AP's.
More generally speaking I have noticed a strong correlation between regulation and lack of opportunity for AP's. For whatever reason when government steps in to try and control casinos they stop offering promotions, decent games and exploitable opportunties. You can look at heavily regulated europe where it is almost impossible to find a hand-shuffled game nowadays. You can look at online bonus hustling here in the UK which vanished as a play virtually overnight when the government cracked down. You can look at Uston/NJ etc etc, there are many more obscure examples around the world.
You'll never hear that on this site because there's this "on-message" thing about Nersesian and this legal jihad some card counters and AP's had. So any form of regulation is celebrated even when it nakedly destroys AP opportunity.
For those of us who worked in the shadows and did rare, non-standard plays, and knew how not to get barred, regulation has been a cancer.
