August 27, 2014
CARSON CITY, Nev. (AP) - Legislative taxation committees continue their scrutiny of Nevada's tax structure.
The Assembly and Senate taxation panels on Thursday will take up the state's live entertainment tax. It's a levy some lawmakers say has too many loopholes.
State revenue forecasters project the live entertainment tax will generate about $282 million over the upcoming biennium.
Democrats in the Nevada Legislature have pledged an in-depth review of the state's tax structure as a first step toward overhauling a system heavily reliant on discretionary spending by tourists and gamblers.
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