Wednesday, July 05, 2006

Casino State Tax Fight Rolls On

New Jersey Democrats' money grab continues to provide a stark warning for Kentucky. Now, the battle moves to sales tax hike versus income tax hike.

Nevertheless, we keep hearing from casino supporters that if we just open casinos in Kentucky we won't have to raise taxes.

"Unquestionably there is $450 million lying on the table. This (casino gambling) is an option the people of Kentucky ought to have as opposed to having their taxes raised," Sen. Ed Worley (D-Richmond) said.

Well, it looks like desperate New Jersey Democrats are planning to double down. They are proposing to raise income taxes, rather than implement Governor Corzine's sales tax increase. Meanwhile casinos, the would-be salvation for that state's big spenders, battle to stay open.