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Opinion

Thankful you live in low-tax Nevada? Not so fast, chief

Thankful you live in low-tax Nevada? Not so fast, chief
N&V Staff
April 27, 2015

Thomas(Thomas Mitchell) – Tell me again why Nevada needs to increase state spending by $1.3 billion and increase taxes to pay for it.

We’re just not taxed enough, our Republican Gov. Brian Sandoval insists, along with a majority of the state Senate, including all but four Republicans.

The Tax Foundation has come out with its 2015 Tax Freedom Day stats, and it turns out Nevada’s tax burden in federal, state and local taxes as a percent of total income ranks 26th in the nation — right in the middle. That means it takes Nevadans until April 20 this year — 110 days into the year — to start earning money we can keep, instead of paying taxes. Nationally, Tax Freedom Day is April 24.

Americans Spend More on Taxes and Food, Clothing, and Housing Combined

To read the entire column, click here.

 

Mr. Mitchell publishes the 4TH ST8 Blog at www.4thst8.wordpress.com.

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