Nevada Casinos Have Hearing Set Regarding Teacher Tax Initiative

The battle in Nevada over proposed higher taxes for casinos is well under way. The Supreme Court will hear an appeal on July 1st in regards to a teachers initiative petition.

The initiative is trying to raise the taxes of large casinos in Nevada. The Nevada State Education Association has brought on the initiative, and is working to secure signatures.

The tax rate for large casinos under the initiative would be raised from 6.75%, to 9.75%. The tax hike would help fund the education system in Nevada.

The Nevada Resort Association has asked that an appeal they have filed be handled in an expeditious manor. The Supreme Court has honored those wishes and set the hearing for July 1st.

The initial ruling is that the teacher's union could move forward with the initiative. They are one of several different groups that have been advocating raising the tax rate for casinos.

Nevada has one of the lowest tax rates for their casinos. The groups looking to have the taxes raised feel that with higher taxes, the money could be used for a variety of different reasons. The teacher's union obviously wants the extra money to go towards education.

April 14, 2008
Posted By Larry Rutherford
Staff Editor, CasinoGamblingWeb.com
Submit News!