Taxable sales in Nevada sink in July

Vogel, Ed
October 2008
Las Vegas Business Press (10712186);10/6/2008, Vol. 25 Issue 40, pP19
The article reports on the fall of taxable sales in Nevada in July 2008. Governor Jim Gibbons said that Nevada continue to feel the effects of a slow housing market and the financial crisis which prompted the decline of their revenue collections. The Nevada Department of Taxation reported a 5.2% drop in sales of taxable products in the state, which have dropped every month but two since April 2007. Chief state economist Bill Anderson said that they are expecting a modest growth because they have been hit hard.


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