Gaming tax hike proposal: The empire strikes back

just relax
(Nevada Current file photo)
just relax
(Photo: Jeniffer Solis)

Here is the statement issued yesterday by the Nevada Resort Association, reacting to the Clark County Education Association’s proposal to ask voters to raise Nevada’s tax on gambling revenue.

“By targeting Nevada’s economic engine with a 44 percent tax increase, this proposal would be very damaging to the state’s economy, job creation, capital investment and future economic development. Let’s be very clear, the gaming industry has consistently supported a broad-based business tax to support public education and has a long history of investing in and supporting our schoolchildren. As a matter of sound and equitable policy, broad-based taxes are a more stable revenue stream than the volatility that comes with depending on a single industry.“

As Nevada’s largest industry, we generate nearly $68 billion annually for state’s economy, pay almost 40 percent of the state’s general fund revenue and support more than 450,000 jobs statewide. Unfortunately, one of the teachers’ unions has chosen a path of higher pay at the expense of tens of thousands of other jobs throughout the state.”

It looks like Nevadans are about to have a long overdue debate.

Hugh Jackson
Editor | Hugh Jackson has been writing about Nevada policy and politics for more than 20 years. He was editor of the Las Vegas Business Press, senior editor at the Las Vegas CityLife weekly newspaper, daily political commentator on the Las Vegas NBC affiliate, and wrote the then-groundbreaking Las Vegas Gleaner, which among other things was the only independent political blog from Nevada that was credentialed at the 2008 Democratic National Convention. He spent a few years as a senior energy and environmental policy analyst for Public Citizen, and has occasionally worked as a consultant on mining, taxation, education and other issues for Nevada labor and public interest organizations. His freelance work has been published in outlets ranging from the Guardian to Desert Companion to In These Times to the Oil & Gas Journal. For several years he also taught U.S. History courses at UNLV. Prior to moving to Las Vegas, he was a reporter and then assistant managing editor at the Casper Star-Tribune, Wyoming’s largest newspaper.