TITLE

THE PARTY'S OVER

AUTHOR(S)
MILLER, VALERIE
PUB. DATE
June 2009
SOURCE
Las Vegas Business Press (10712186);6/8/2009, Vol. 26 Issue 23, pP6
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the tax plan devised by Nevada Legislature at the end of the 2009 biennial session. The plan included $1 billion in budget cuts and $781 million in new tax revenues on top of a previous increased in the room tax. In addition, payroll taxes will earn as much as $346 million in the next two years. The final tax plan also raises the sales tax by 0.35 percent to generate $280 million. It is also reported that the Modified Business Tax (MBT) was raised to 1.17 percent from 0.63 percent.
ACCESSION #
41879721

 

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