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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Shane M who wrote (89033)1/30/2001 2:59:57 PM
From: Freedom Fighter  Respond to of 132070
 
Shane,

I never visited TN, but I was in KY twice (Derby and Breeder's Cup). I liked it a lot.

The taxes on horse racing vary from state to state and bet type to bet type. Usually it's in the mid teens to middle 20s. That covers the operating expenses and purses. The state also takes a cut, but I think that varies also.

Wayne