State Income from Horse Racing

Isaiah J. Shain

There are, perhaps, thirty people in the world who will find the subject matter of this small book interesting. It was prepared for the California legislature in 1947 as an overview of the current California tax situation as it pertained to horse racing, and to give them enough background to decide whether to increase the tax rate. Me, I think it's absolutely fascinating. More interesting to most people is, likely, how a copy of a typewritten manuscript from the California legislature in 1947 got into the Cleveland Public Library system. (I don't know yet. They're checking into it for me.)

If you like this sort of thing, though, it's an excellent piece of work, a clear and concise overview of the financial side of California horse racing in the late forties as compared to that of other states, and a look at where we've come since 1947 (not to mention what's stayed the same). Obviously, it'll only appeal to a niche market, but that niche market will find it just as fascinating as I do.