Mixed outlook on jobs if Nev. margin tax passes
By Ryan Frank, Las Vegas Sun
If Nevada voters approve a new business tax in November, the state would lose nearly 9,000 private sector jobs and $413 million in employee wages, according to new research funded by the Coalition to Defeat the Margin Tax Initiative.
But those losses of jobs and wages could be offset, partially or entirely, by growth in public sector employment paid for by the tax measure. The growth in public sector jobs depends on how the Legislature decides to spend the money, said Jeremy Aguero, principal analyst at Applied Analysis who conducted the research.