Key decision-makers continue meeting privately at the statehouse to try to come up with a deal on gambling taxes. The state owes the race tracks in Altoona, Council Bluffs and Dubuque 160-million dollars in back taxes because the state Supreme Court ruled the tracks couldn’t be taxed at a higher rate than riverboats. The idea of taxing the tracks based on their profits has resurfaced. Senate Republican Leader Stewart Iverson of Dows says it’s one of the ideas in the mix. Iverson says the biggest thing that’s happened is that legislators and gaming interests are “starting to have more dialogue now that will be more fruitful.” Iverson says there will be “more discussions today” and they will “try to get all this put together by tomorrow.” Iverson says he feels confident that a deal can be reached.
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