Tuesday, March 31, 2009

i'm not exactly sure how they got my email address

the new haven citizens' action network that is BUT i think i rather LIKE this idea:

the email follows:

Press Release Press Release Press Release

From: New Haven Citizens’ Action Network (NHCAN) www.nhcan.org

For Immediate Release

Date: Monday, March 30, 2009

Grassroots Group Stimulates Economy With “Lotto Sales Receipt” Proposal

New Haven, Conn. - Jeffrey Kerekes, a steering committee member of the New Haven Citizens’ Action Network (NHCAN) released a proposal today to help stimulate Connecticut’s economy and increase State revenues to close the deficit and aid large Cities with increased aid from the State. Kerekes’ proposal would turn each sales receipt into a lotto ticket in an effort to not only increase reporting of current sales but to bring shoppers into the State. “We have all seen or suspected instances where sales were not being recorded,” Kerekes reports, “That is lost money to the State.” Kerekes argues that if the State were to sell the register tape to all stores in Connecticut with lotto numbers pre-printed on them, “consumers would demand receipts with each purchase,” he added.

Retailers and restaurants would continue to pay for the register receipt paper rolls, only they would buy them from the State with preprinted lotto numbers on them. The State would then hold a drawing on a monthly or quarterly basis with cash or other prizes for people with winning lotto numbers. Kerekes believes that providing a percentage of the winning ticket to the store that sold it would make the initiative more palpable to store owners. Store owners with a lot of sales would have better odds given the volume of sales – a win-win for everyone. Further variations could include introducing this with a small increase in the sales tax. The State could mail lotto tickets to people who self-report online purchases, bringing in additional dollars. This can stimulate the economy – “shopping could even be a little fun when you have a chance to win big for everyday purchases”. The Sate can win big by bringing in currently unreported sales and enticing shoppers from other states to spend their money in Connecticut.

“This should cost almost nothing to implement,” Kerekes predicts. “The State is already set up to run lotteries so the only new burden would be to print and sell register tapes and sell them to businesses. The cost of doing this could easily be paid for out of increased revenues. While hopefully unnecessary, consumers could even be fined for leaving a store having made a purchase without a receipt if you wanted to enhance reporting and remove incentives to keep transactions off the books.

The New Haven Citizens’ Action Network is a grass roots group concerned with financial sustainability. We believe by assisting the state in its ability to raise revenues, it can lead to better assistance to its Cities. NHCAN believes in an open, transparent government, one that listens to the voice of the citizens it represents. Visit www.nhcan.org for more information.

No comments: