A State Supreme Court ruling has thrown another budget problem at state legislators. The high court ruled the state can’t tax the three horse and dog track-based casinos at a higher rate than casinos on riverboats. State Senator Jeff Lamberti of Ankeny chairs the Senate Budget Committee. Lamberti says it could cut 50-million dollars out of the taxes paid to the state by the casinos, placing more of a strain on an already tight budget.He says there’s not a lot of extra money to make up the difference.Lamberti, a republican, says the state also faces a loss of future revenue. He says they’ll have to address the issue of the proper level of taxation.Democratic State Representative Patrick Murphy of Dubuque says the state will have to find some middle ground. Murphy says they have to guarantee the money coming in stays neutral.An effort to address the issue in the last legislative session failed. Now Murphy says they’ll be forced to take some action.
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