Gaming industry comes out swinging against tax bill
By Ray Hagar, Reno Gazette-Journal
A major tax plan proposed by Assembly Republicans — that features an expansion of the Modified Business Tax as a main component — met its major adversary Tuesday at the Legislature.
And that is the gaming industry — Nevada’s largest taxpayer and employer.
The Nevada Resort Association made its opposition clear to a plan that officially is sponsored by the Assembly Taxation Committee and raises the rate of the state’s payroll tax — or Modified Business Tax — and expands its reach by about 5,000 more Nevada businesses.
Gaming representatives pushed back on Assembly Bill 464, saying the tax will have a narrow base of taxpayers, hurts job growth and lacks fairness.