Legislators promise to retrieve money from casinos - 2004-02-04
Iowa Republican legislative leaders on Tuesday promised to prevent taxpayers from having to pay millions of dollars to racetrack casinos after an Iowa Supreme Court ruled that racetracks can't be taxed differently from riverboats.
"We'll find another way to recoup that money from the casinos, absolutely," pledged House Speaker Christopher Rants, a Sioux City Republican.
"Casinos shouldn't go spending their winnings just yet. The rest of the taxpayers in the state aren't going to get stuck with that liability."
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