![]() The casino made an initial $350 million initial investment in the business, employs nearly 1,100 workers, and is the largest property taxpayer in Monroe County. “It just has to be done in a constitutional and responsible way.”ĭespite the lawsuit, Sklar said Mount Airy considers itself a good neighbor. “We’re not saying for a second that there shouldn’t be a local share tax,” said Sklar. ![]() Michael Sklar, an attorney representing Mount Airy, said the casino should be taxed at a percentage - not a flat rate - and that percentage should be applied across the board to all casinos. Mount Airy Casino Resort challenged the law in the state’s Supreme Court, claiming it was being taxed unfairly. Last year, for example, casinos paid an additional $2.4 – $7.8 million each to reach the local share tax amount required by law.Ĭasinos that make less money in slots, as a result, end up paying more money to the local share tax. Since 2006, when the first casino in Pennsylvania opened its doors, no casino has ever reached the $10 million threshold from 2 percent of their slot machines. Under the original law, most casinos - except the one in Philadelphia and smaller boutique casinos - must pay whichever is greater: either $10 million or 2 percent of their slots gross terminal revenue. The court ruled that part of the state’s gaming law was unconstitutional. WHYY thanks our sponsors - become a WHYY sponsor
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |