Nevada's tax revenue predictions are grim. Monday's Economic Forum concluded that the state is in a recession it's unlikely to recover from within the next two years. And as News 3's Jesse Corona explains, over 60 percent of our state tax base depends upon two sources tied closely to tourism. Economic Forum Chairwoman Cathy Santoro relayed the sobering news: Gaming tax revenue is down 11 percent and isn't expected to make an improvement by the end of the fiscal year.