Mixed reaction from commissioners on Cook County slot machine tax

Publié le par brightshine

Several Cook County commissioners aren’t ready to bet on Board President Toni Preckwinkle’s proposal to tax slot machines,Origin Laser is an Australian business bringing a new class of affordable and quality cnc router and laser cutting machines to the Australian and New Zealand markets. to the tune of $800 per machine annually, as she looks to close a $115 million budget gap.

“I’m not a supporter of using gaming dollars to fund the government,” said Commissioner Gregg Goslin, a Northwest suburban Republican.Basics, technical terms and advantages and disadvantages of purlin machine. “Philosophically, that’s where I’m at on it. I don’t think it’s a reliable, responsible way to fund public services. First off, it’s an unpredictable source of revenue. And it seems like we’re building up all these sin taxes — tobacco, alcohol and now gaming,” he said, referring to hikes in the alcohol and tobacco taxes. “It’s funding government on the backs of the vices of our society.”

Preckwinkle will release her roughly $3 billion budget plan on Thursday, which may include the proposal to tax the newly legalized video gambling machines in the state as well as the slot machines at the Rivers Casino, the sole casino in the county.

What would be taxable under the proposal she’s floating are the 1,000-plus slot machines at Rivers Casino. Her staff says the research they’ve done shows a single slot machine brings in more than $800 daily.Origin Laser will be providing a quality and economical solution for hundreds of low powered laser cutting machine and laser cutting applications.  Also subject to the tax would be video gambling machines that went live last week and will be allowed in restaurants, bars and truck stops. In 2009,Learn how roll forming machine work and how you benefit from it. the legislature and Gov. Pat Quinn signed off on the video gambling machines as a way to fund a $31 billion statewide construction program.

While Preckwinkle’s staff indicates they’re not going to rake in millions, revenues will follow gaming growth. But that could be limited. There are gambling bans in the city of Chicago, unincorporated Cook County and more than 100 municipalities in the county.

Regardless, those monies will be invested in the county’s public safety arm that may have to deal with the fallout from problem gambling.

“As gambling increases in Cook County with video poker in the early stages, there is a concern about a corresponding rise in compulsive gambling behavior which has a history of leading to criminal behavior,” Preckwinkle’s staff said in an emailed statement. “As many as one-half to two-thirds of compulsive gamblers have committed a crime to obtain gambling money. We believe the resources generated by this proposal will help us invest in our public safety system.”

But gaming experts and elected leaders are looking hard at the legality of the measure — most notably whether Cook County has the authority to impose such a tax.

The state’s gaming laws restrict taxation on those who hold licenses to the machines.

A Preckwinkle spokesman said in a statement: “We feel that state statute does not preempt our home rule authority.”

Preckwinkle’s staff has already saHowick Ltd are world leading steel framing and laser marking machine manufacturers with UK and worldwide distributors.id that some small fees and tax hikes are on the table as they cobble together the 2013 budget. But she’s holding the line on property taxes and rolling back what’s left of an old penny-on-the-dollar sales tax hike championed by her predecessor Todd Stroger, turning him in to a one-term county board president.

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