Governor Terry Branstad wants to raise taxes for casinos from 22% of its revenue to 36%. And Argosy Casino officials say his proposal would kill jobs in Sioux City.
The state of Iowa is home to 18 casinos, which employ over 9,000 people. And all of the casinos pay at least 22% in taxes.
Argosy Casino in Sioux City pays 6% more than that, with the extra tax money