Nevada's Sales Tax

Floor Speech

Date: Aug. 2, 2012
Location: Washington, DC
Issues: Taxes

Ms. BERKLEY. Mr. Speaker, Congress must do right by Nevada's middle class families and make permanent the sales tax deduction, a measure that benefits so many middle class families in Nevada. Over 300,000 Nevadans claimed $456 million in deductions for State and local sales tax in 2009 alone. Nevada is one of only nine States that has no State income tax and, instead, revenue is raised through a sales tax.

Nevadans should be able to deduct their sales tax from their Federal income tax, just as citizens from income tax States do now. The sales tax deduction helps families across Nevada by leaving more money in their pockets. This creates jobs, stimulates economic growth, and keeps money in their pockets.

It's a matter of priority, Mr. Speaker. We must make the sales tax deduction permanent in order to give middle tax families the certainty of knowing they will have extra money in their pockets to put food on their table, gas in their cars, and be able to pay the mortgage on their family home.


Source
arrow_upward