Over 85% of Nevada tax revenue from gambling
By Linda
A state tax study shows that Nevada earned 85.8 percent of its tax revenue last year from sales and gambling taxes - nearly double the national average.

Writers of the study warn that this is too high a percentage. The report was prepared by the Government's Task Force on Tax Policy in Nevada. It recommends ways to increase the state's tax base to help eliminate projected budget deficits. The task force's final report released last week, which rejected increases in gambling and sales taxes, recommended levies on property, alcohol, tobacco, entertainment and business receipts that would amount to more than $300 million next fiscal year and more than $500 million the following year.

Nevada relies heavily on sales and gambling and casino entertainment taxes compared with other states that draw on similar revenues. The study warned those lopsided numbers could mean trouble for the state if it does not find new sources of income.

The study also found that Nevada ranked among the 10 lowest states in per capita spending on education, public welfare, hospitals, health and parks.

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