The Cincinnati Enquirer has the story:

The announcement idles thousands of construction jobs as Rock balks at taxes millions higher than initially envisioned. Specifically, the House’s budget seeks to apply the 0.26 percent CAT tax to total betting at Ohio’s four planned casinos rather than just net losses by gamblers, the industry’s standard definition of revenue. If Ohio enacted the proposal it would mean a CAT tax bill for all four casinos possibly 10 times higher than the $5.2 million developers envisioned.

Rock Gaming officials have become increasingly vocal in the last two months about Ohio officials’ considerations on how to get more taxes out of casinos. The developers say such musings have complicated financing both construction projects.

On Wednesday, Rock said the House vote as well as discussions of higher taxes “have created an environment of uncertainty concerning the projected economic vitality of our planned developments in both Cincinnati and Cleveland.”

So much for John Kasich’s budget not raising anyone’s taxes…

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  • dlw

    Is adding this tax even legal (not that that seems to bother anyone who actually votes on these laws)? How they were to be taxed was in the amendment we all voted on wasn’t it? So how can the legislature add another tax?

  • Fotogirlcb2002

    HB 203 Hagen and Foley introduced 4/16/11
    I wish we could have it on ballot in Nov
    wonder what it take to collect signatures for that
    to many republicans up there to get anything like that passed
    Hb 202 is about double dipping — need that one also

  • Fotogirlcb2002

    HB 203 Hagen and Foley introduced 4/16/11
    I wish we could have it on ballot in Nov
    wonder what it take to collect signatures for that
    to many republicans up there to get anything like that passed
    Hb 202 is about double dipping — need that one also

  • Fotogirlcb2002

    Why cant these people sue him ? we all voted on this twice !!
    hes trying to change something without going through the process
    just because he says so doesnt mean anything
    when you try to get more money out of some one — isnt that some form of extortion

  • Anastasjoy

    It was voted on, but apparently that Kasich bus also runs over the constitution.

  • FredDavis

    Seriously. You should not talk about the law. Ever.

  • Guest

    Agreed Bob

  • Anon

    What’s the teabag refrain? “Follow the law”. Oh yeah right, there are no laws nor rules for the evil radical R’s. They can do whatever they want. We have the bestest mini-dictatorship that evil rich people’s money can buy.

    Wonder what the casino folks have planned for Prince John and his gang of pirates.

  • I don’ seem to understand cut out all taxes for businesses so they stay even though they already planed on staying but increase taxes on the casino’s so they won’t stay. Imagine that! It’s that transparent.

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