The authors assert a bold solution to two societal issues: the unsustainability of the Universal Service Fund and the long-term social problems linked to online gambling, especially among youth.
Horrigan and Levin highlight alarming statistics, revealing that 8.3% of 11th and 12th grade boys had identified gambling issues in 2022, nearly double from 2018's 4.2%.
Linking gambling to socioeconomic problems, they note that sports gambling leads to depleted household savings, increased domestic violence, and significantly higher bankruptcy rates.
To combat these challenges, the authors propose raising existing gambling taxes to create sustainable funding for the USF, likening it to historical taxes on alcohol and tobacco.
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