Detroit Casinos Feel Singled Out By Proposed Tax Increase
DETROIT (WWJ) – Operators of Detroit’s three casinos say they are opposed to a tax increase proposed in Mayor Dave Bing’s budget presentation to the City Council.
MGM Grand Detroit, Greektown and MotorCity casinos said Friday in a statement they are “united in disappointment” at being “singled out for a tax increase.”
Bing told the City Council Tuesday that savings of $200 million are needed to balance Detroit’s $3.1 billion fiscal year 2011-12 budget.
Bing says he wants a one-year hike of less than 3 percent to the city’s portion of the gaming tax.