Lawmakers Propose New Tax on Casinos
Posted by Kyle Swenson on Mon, May 2, 2011 at 3:01 PM
More news has come out recently from the front lines of the state’s shiny new gaming industry, where a push-pull is developing between Governor John Kasich and casino developers.
Since taking office, the governor has been pretty microphone-friendly with the opinion that Rock Gaming and Penn National jaked taxpayers when they wrote the 2009 legislation legalizing gaming in the state. For the amount the two outfits stand to earn with the four casino projects, the governor feels the companies should pay more. The developers have shot back that they’re forking over plenty to create a new, cash-hearty industry from scratch. But regardless, Kasich has thundered he’s interested in finding ways to get more money off the casino business for Ohio’s black-hole budget.
We might now know what Kasich has in mind.
Read the full article here at http://www.clevescene.com/scene-and-heard/archives/2011/05/02/lawmakers-proposal-new-tax-on-casinos