Tough Talk on Taxes
(Carson City, NV) — A battle is brewing in the Legislature over taxes. Senate Majority Leader Steven Horsford says Governor Brian Sandoval’s proposed two-year budget would leave the state with a shortfall of $2.5 billion dollars, and a deficit of more than 1 billion-dollars in 2013.
Horsford is calling for an “adult conversation” on increasing taxes, but Republican lawmakers say they won’t vote for new taxes or extend temporary taxes set to expire in June. The governor’s office contends there will be no deficit two years from now.