• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Crime / Courts / Iowa Supreme Court goes against U-S court in casino tax ruling

Iowa Supreme Court goes against U-S court in casino tax ruling

February 3, 2004 By admin

The Iowa Supreme Court has thrown a huge monkey-wrench in the Iowa budget picture by issuing a ruling that could cost the state millions of dollars. The state’s high court ruled the state of Iowa cannot tax race track casinos at a rate that’s higher than the tax rate for riverboat casinos. Last year, the U.S. Supreme Court ruled 9-0 in favor of the Iowa Legislature’s ability to establish the current taxing structure for riverboats and tracks. But in a ruling released this morning, the Iowa Supreme Court said the federal decision is “persuasive but not binding” in this instance. The Iowa justices said the two-tiered tax rate on gambling revenue was “irrational” and declared it “invalid” under the Iowa Constitution. The U.S. Supreme Court’s rubber stamp for the two-tiered gambling tax system was based on the U.S. Constitution. In its opinion, the state supreme court justices called their decision “difficult.”

Share this:

  • Facebook
  • Twitter

Filed Under: Crime / Courts Tagged With: Gambling, Taxes

Featured Stories

Iowans 65+ now eligible in next phase of Covid vaccinations

Bill would remove transfer limits in five Iowa school districts

Former Iowa sports talk host sentenced to federal prison for ticket scams

Feenstra only member of Iowa delegation not at Biden’s inauguration

Congresswoman Axne favors Biden pandemic relief plan, Hinson not ruling out a ‘yes’

TwitterFacebook
Tweets by RadioIowa

UNI adds two nonconference games to basketball schedule

Iowa State-Kansas postponed

Iowa-Michigan State postponed

Fire damage to Riverfront Stadium electrical system will cost Waterloo thousands

Iowa State at Kansas State postponed

More Sports

eNews and Updates

Enter your email address:

Delivered by FeedBurner

Archives

Copyright © 2021 ยท Learfield News & Ag, LLC