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Michigan Casino Tax Hike Considered28 June 2004DETROIT, Michigan – As reported by the Detroit News: "Before legislators break for the summer this week, the state Senate will attempt to negotiate changes in a measure to double the taxes Detroit's three casinos pay. "The House already approved the plan, which like the increased cigarette tax and the proposed hike in the alcohol tax, would help bridge the state's billion-dollar budget shortfall. "Detroit Mayor Kwame Kilpatrick opposes a casino tax jump — from 18 percent to 36 percent — which casino operators have said would make them the highest taxed in the nation. Casino authorities predicted no new permanent casino hotels will be built in Detroit if the tax is approved…" |