76th Legislative Session

Thursday, May 5, 2011

Democrats Propose Historic Tax Increases

         Carson City- Democrat lawmakers announced a tax plan today that would increase state taxes to historic highs.

"Raising taxes is a decision that ignores the economic reality that Nevada faces," said Assembly Minority Leader Pete Goicoechea, R-Eureka. "We are focused on providing a sensible approach to meet the needs of the state. Raising taxes is not the answer. Doing so jeopardizes the stability of our economy," said Goicoechea.

The Democrat's historic tax increase plan comes two days after the Governor's economic forum released projections showing $274 million in revenue increases. Republicans would like to see any additional revenue received directed towards education.

"The additional projected revenue should be used to help fund K-12 and higher education," said Assemblyman Scott Hammond, R-Las Vegas. "As an educator, I understand the financial difficulties facing teachers and students in the classroom. As a legislator, I also understand the difficulties facing the state. We have proposed reasonable steps that will satisfy both challenges," said Hammond.

The Republican Assembly Caucus is against any tax increase and is committed to insuring accountability for the resources that are currently available.


  
   

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