harrah s casino washington dcThe signage at the Hard Rock Cincinnati casino h(Image: Las Vegas Sun)Business has been good. ecord. table games in casinoecord. Passing a tax increase at this time sends the wrong message to Nevada’s employers, who have struggled to keep their doors open and maintain employees,” declared Gina Bongiovi, chair of the Vegas Chamber.The Nevada Employment Security Council has proposed increasing the UI tax from 1.65 percent in 2021 to 2.0 percent in 2022. This tax increase would apply to all businesses in Nevada that are required to pay the UI tax. scarlet pearl casino players club

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blackjack online nyDiscounts for industries far less prone to large UI claims are also available in Nevada.The tourism industry, however, doesn’t fall into that category. “Additionally, the impact of the Delta variant is causing uncertainty that is slowing economic recovery.”Nevada has been funding its unemployment claims with federal stimulus money made available through the CARES Act. Many business and community leaders spoke in opposition to the rate hike.Tax Increase Too SoonNevada was one of the hardest-hit states by the pandemic, as its economy relies heavily on tourism and business travel. twin river casino gift cardsThe state continues to lead the nation in unemployment, with approximately 7.5 percent of Nevadans out of work in September.While that’s down from eight percent in April of this year, it remains considerably higher than the national average of 4.8 percent.But some business leaders believe increasing the UI tax on employers now is too soon.We are still facing challenges ahead of us as a state because of the pandemic. The tax hike is part of an effort to replenish the state’s fund that distributed unemployment compensation to Nevadans who were put food at borgata casinoout of work during the pandemic.Nevada’s Employment Security Division and Department of Employment, Training, and Rehabilitation jointly held a virtual public meeting last Friday regarding the proposed unemployment insurance (UI) tax increase. And that’s why some feel a higher UI tax is warranted while economic conditions are seemingly improving.“If we get into trouble with inflation or another downturn or another whatever typfood at borgata casinoe of situation … it’s better to hedge forward than wind up trying to buy our way out again,” opined Ray Bacon, executive director of the Nevada Manufacturers Association.casino slot tactics

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