My Take on Reno (Carson City: rentals, house, schools)

[estevanker]

Be careful about listing taxes as a "pro" in this state. Sure, you don't pay state income tax, but the state of Nevada is the fourth most taxed state in the country.

"The state in which residents pay the most in combined state, local and federal taxes, per capita, is Connecticut (38.3%), followed by New York (37.1%), New Jersey (35.6%) and Nevada (35.2%). Oklahoma residents pay the least (27.8%), followed by those in Alabama (28.0%) and Alaska (28.1%)."

The best and worst states for taxes - MSN Money

So... you'd think that Nevada could at least better their education system, but there are more important issues to resolve... like smoking in bars.

[SoCiEtY's ReBel]

^^^^^^^^^^^^^^
Those statistics are skewed! They are looking at the whole entity of tax dollars paid into the gov't (including gaming and ent. taxes, etc.) Not what us as working individuals pay!

The fact is that here in Reno we do not have a state income tax, city or county income tax either; just federal!

Furthermore, our sales tax rate here is 7.375% reletively low (I have seen sales tax in the 10 - 12 % range after combined state, county, city sales tax).

Our food is not taxed as in some other states (kansas, missouri, illinois, wyoming).

We do not have a deposit fee on soda like in California.

Our gasoline tax is quite high at 50.9 cents per gallon <http://www.nevadagasprices.com/tax_info.aspx>. but it is not fourth highest, not even in the top five when compared with the rest of the states.

So yes, when considering the gamin taxes it may appear that Nevada is a high tax state, but for the working family and ind. persons, Nevada taxes are low

Seriously though, how many of us are casino owners?

[norm]

Nevada ranks 36th in tax burden as a percentage of income. Tax-Friendly Places 2007 | 8 | CNNMoney.com

[estevanker]

Well, I guess you get what you pay for.

[GG74K]

i totally agree i left vegas making 25$hr, went up to reno and was lucky to get 15$.
at least the cops have lightened up, back in early 90s the police in that town were a joke, you could get thrown in washoe county jail for jay walking(no joke) anything to generate some revenue...remember this is the city that brought the rock band JUDAS PRIEST all the way from england and tried to charge them with the suicide of some kid
...thank GOD for reno 911 that show says it all LOL

[proxima]

Originally Posted by SoCiEtY's ReBel

^^^^^^^^^^^^^^
Those statistics are skewed! They are looking at the whole entity of tax dollars paid into the gov't (including gaming and ent. taxes, etc.) Not what us as working individuals pay!

The fact is that here in Reno we do not have a state income tax, city or county income tax either; just federal!

Furthermore, our sales tax rate here is 7.375% reletively low (I have seen sales tax in the 10 - 12 % range after combined state, county, city sales tax).

Our food is not taxed as in some other states (kansas, missouri, illinois, wyoming).

We do not have a deposit fee on soda like in California.

Our gasoline tax is quite high at 50.9 cents per gallon <http://www.nevadagasprices.com/tax_info.aspx>. but it is not fourth highest, not even in the top five when compared with the rest of the states.

So yes, when considering the gamin taxes it may appear that Nevada is a high tax state, but for the working family and ind. persons, Nevada taxes are low

Seriously though, how many of us are casino owners?

Businesses don't pay taxes. The enduser (consumer) does. All the taxes and fees the state assess on businesses get passed to the average consumer, thus we are among the highest taxed state.

[norm]

Originally Posted by proxima

Businesses don't pay taxes. The enduser (consumer) does. All the taxes and fees the state assess on businesses get passed to the average consumer, thus we are among the highest taxed state.

Nevada has no income tax and the state sales tax is 6.5%. I live on Long Island, NY where we do have income tax and an 8 3/4% sales tax. Property tax on a low priced home runs about $4-5,000 per year.

Nevada ranks 43rd in taxes as a percentage of income and NY is 2nd. (Maine ranks 1st).

[SoCiEtY's ReBel]

Originally Posted by norm

Nevada has no income tax and the state sales tax is 6.5%. I live on Long Island, NY where we do have income tax and an 8 3/4% sales tax. Property tax on a low priced home runs about $4-5,000 per year.

Nevada ranks 43rd in taxes as a percentage of income and NY is 2nd. (Maine ranks 1st).

Thank you

And Proxima are you serious??? Businesses do pay taxes in Nevada! Casinos pay a gaming tax! Hotels pay a lodging tax, etc. The tax system is designed to pass the tax burden onto tourists who gamble/stay at casino resorts, not the locals who work and live here!

[Allandi]

I am childfree and oppose public schools so the worse the better. Maybe the parents will move away leaving just us. But the rents concern me a great deal. Are they caused by zoning? Do the high rents extend to the entiere area including Mound House?

[proxima]

Yes Society...I am serious...if you go in a get a drink at a casino, they don't care if you're a local or not, you're going to pay the taxes on it. What I meant, is that all taxes that any business pays get passed on to the enduser (customer). Do the math, if payroll taxes go up, businesses will eventually raise prices to overcome the increase.Maybe you weren't here when Guinn rasied taxes across the board..including movie ticket taxes, taxes on all drinks served in bars and casinos, all concert tickets were hit with a $6.00 "surcharge". These taxes don't recognize if you a local or not.