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Florida TaxWatch study: Losses to other state taxes reduces state revenue from Seminole Gaming Compact

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Any revenue paid to the state through a gambling compact with the Seminole Tribe of Florida will be significantly offset by direct losses in other state revenues due to the increased spending on gaming, according to one of the conclusions of the a Florida TaxWatch report, How Much Revenue Will the Seminole Gaming Compact Provide For Florida?: An Analysis of the Impact on Other Tax Sources. The report examines the revenue side of the compact as currently written. In addition…

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