Nevada Globe: The Nevada Economic Forum, comprised of five governor-appointed members, convened on Monday to provide a projected biennium budget and economic forecast for fiscal years 2024 and 2025. Although members were divided over the expectation of a recession, gaming revenues and tax revenues have surpassed expectations.
Economist Emily Mandel at Moody’s Analytics expects Nevada’s economy to enter a slow growth period and did not rule out the possibility of a recession. Yet, 2024 is forecasted to be exceptionally strong as Las Vegas will host the Super Bowl and the state’s first Formula One race. Tickets sales and tax revenues from these and other large events are expected to cover any gaps if the economy contracts. more here
What you never see mentioned is that as inflation goes up, so does tax revenue.
What we are paying double for today (as compared to when Trump was in office) also means that the associated taxes are twice what they were!
If those outrageous “resort fees” at the casino hotels can’t support Nevada’s tiny population then we are indeed fucked.
Resort fees are the 40% for the big guy tax here that get you absolutely nothing of value.
Two billion? Then how about a refund, Steve.
Is Anna Richards a whore?
A’cause what Anna Richards wrote seems mighty whorelike.
Whoredee, whore whore whore.
Yes, Ann Richards was a democrat whore.
When I lived in Minnesota, that happened one year. We got a refund.
We had a Republican governor.