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Originally Posted by ratbastid
Goes to show. People will turn anything into an investment opportunity.
If you think about it, it's a pretty damn smart move. You're going to monopolize the market on a resource that is defined to be finite, in an environment of basically unlimited demand. Doesn't take a brain surgeon to know that's a good call.
I'm not real offended about it. I'd be sad if I was a restaurant or bar owner in AZ, but like The_Jazz says--for those of us all the way across the country, it's sort of a "hunh."
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I doubt it will be long before other states want to get in on that action. It increases state revenue, while providing plausible deniability in regard to raising taxes.
They can always say limiting the number of liquor licenses is "protecting the public."