We Stand Corrected
By: Doug Busselman, Executive Vice President
It seems only like a day or so ago that I put in typing the idea that I had of how the upcoming Nevada Legislative Session would unfold and how the majority party of the Nevada Legislature would build their case for needing tax increases. There were critics challenging the Speaker of the Assembly and the Senate Majority leader to come clean on what their plans were, since they seemed to have so many negative thoughts on what Governor Gibbons had laid on the table as his proposal.
For my part, I felt that the game plan would be to use the Governor’s proposal as a punching bag for a couple of months and then bring forth a plan to include how through tax increases the mission of building a better Nevada could be accomplished.
I Was Wrong:
Having been wrong a number of times in the past, pointing out my incorrectness again, is not that difficult to do. In her blog, “Inside Nevada Politics” Anjeanette Damon presented the details of Speaker Buckley and Senate Majority Leader Steven Horsford presenting their legislative agenda for the coming session.
In addition to working on addressing home foreclosures and focusing on establishing more job opportunities in the “green energy business”, the agenda, headlined as "Charting a New Future For Nevada" also includes “stabilizing our budget”.
Perhaps where I was the most wrong in my earlier prediction was the timetable for how this would play itself out. The announced agenda came with a set of key dates where we would be able to measure milestone accomplishments.
As early as the second week of the 75th Legislative Session, Speaker Buckley is planning to unveil her “Budget Overhaul” plan to the Assembly Taxation Committee. This same group is also expecting to hear proposals on uncollected taxes, ways to streamline the tax collection system and appropriate allocation of the revenue stream between state and local governments.
By March 30th the “Things To Do List” will include providing Budget Recommendations to the Assembly and Senate Tax Committees and by April 17th the Revenue Plan will be known on how to pay for the budget that they will be coming up with.
Now we know when and the general idea of what…all we have to wait for is “how much”.
It seems only like a day or so ago that I put in typing the idea that I had of how the upcoming Nevada Legislative Session would unfold and how the majority party of the Nevada Legislature would build their case for needing tax increases. There were critics challenging the Speaker of the Assembly and the Senate Majority leader to come clean on what their plans were, since they seemed to have so many negative thoughts on what Governor Gibbons had laid on the table as his proposal.
For my part, I felt that the game plan would be to use the Governor’s proposal as a punching bag for a couple of months and then bring forth a plan to include how through tax increases the mission of building a better Nevada could be accomplished.
I Was Wrong:
Having been wrong a number of times in the past, pointing out my incorrectness again, is not that difficult to do. In her blog, “Inside Nevada Politics” Anjeanette Damon presented the details of Speaker Buckley and Senate Majority Leader Steven Horsford presenting their legislative agenda for the coming session.
In addition to working on addressing home foreclosures and focusing on establishing more job opportunities in the “green energy business”, the agenda, headlined as "Charting a New Future For Nevada" also includes “stabilizing our budget”.
Perhaps where I was the most wrong in my earlier prediction was the timetable for how this would play itself out. The announced agenda came with a set of key dates where we would be able to measure milestone accomplishments.
As early as the second week of the 75th Legislative Session, Speaker Buckley is planning to unveil her “Budget Overhaul” plan to the Assembly Taxation Committee. This same group is also expecting to hear proposals on uncollected taxes, ways to streamline the tax collection system and appropriate allocation of the revenue stream between state and local governments.
By March 30th the “Things To Do List” will include providing Budget Recommendations to the Assembly and Senate Tax Committees and by April 17th the Revenue Plan will be known on how to pay for the budget that they will be coming up with.
Now we know when and the general idea of what…all we have to wait for is “how much”.
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