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Tuesday, November 4, 2008

Ohio Pols Against VLTs

Toledo Mayor Carty Finkbeiner and Ohio Racing Commissioner Jerry Chabler yesterday urged people to vote against a constitutional amendment for a single gambling casino in the Cincinnati area.Issue 6 on the statewide ballot asks voters to amend the Ohio Constitution to allow a casino resort off I-71 in Clinton County.The mayor said the issue does nothing for northwest Ohio; Mr. Chabler said it would threaten existing jobs at Ohio's racetracks.MyOhioNow.com, the group sponsoring the casino initiative, claims the proposal will yield 5,000 new jobs and generate a 30 percent gross-receipts tax that would be distributed to all Ohio counties.While the amendment would subject the casino to a tax of up to 30 percent on its gross receipts, if another casino is built in Ohio, the Clinton County casino's maximum tax rate of 30 percent would be reduced to 25 percent, or to the taxation level of the future casino if that rate is lower.It is unclear whether a Native American casino would be considered not taxable - meaning that the Clinton County's casino tax rate would remain at 30 percent - or if its tax rate would be considered zero, a recent analysis found.U.S. Sens. Sherrod Brown and George Voinovich and Ohio Gov. Ted Strickland also oppose Issue 6.

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