Christopher Shays: “I rise in support of H.R. 4440, the Gulf Opportunity Zone Act, which provides tax incentives for businesses to invest in…”

“I rise in support of H.R. 4440, the Gulf Opportunity Zone Act, which provides tax incentives for businesses to invest in and rebuild the Gulf Coast communities ravaged by hurricanes. I am pleased these federal resources will not be used to support the gambling facilities, liquor stores and massage parlors. I don't believe the federal government should help interests that have dubious value to these communities. I believe gambling is inherently dishonest and am opposed to it in any form. During my 14 years in the state legislature I voted against every gambling bill. Gambling financially cripples those who can least afford it--the poor--through the cruel and misleading lure of ``winning it big.'' With the budget deficits growing to historic levels, we need to make sure tax dollars are being used in the wisest possible manner to rebuild the region's businesses and housing. Fair-minded Americans support tax incentives to spur business reinvestment along the hurricane-ravaged Gulf coast to help victims there rebuild their lives. Tax breaks for the gaming industry simply do not make sense. I urge my colleagues to support this resolution.”