Here Is Where You Fit In – So Hand It Over!
By: Doug Busselman, Executive Vice President
Having spent enough time listening to the leaders in charge of the Nevada Legislature and hearing what their theme for the 2009 Nevada Legislative Session has been – If you are on the side that is supposed to be paying to get the level of government that the majority party wants – you need to step up and do more paying.
On Saturday, May 2nd, the Majority Leader of the Nevada Senate, Steven Horsford left no doubt, quoted in this article by Molly Ball in the Las Vegas Review Journal…
The priority is to protect the state’s education system from being damaged beyond repair, said Horsford, D-Las Vegas. The solution will have to include both cuts to all areas of state government and tax hikes of potentially historic proportions.
“Today, I am asking hard-working Nevadans to make a sacrifice for their children’s education and our state’s future,” Horsford said, according to his prepared remarks. “I am also asking corporations, casinos and other interests to share in the revenue solution.”
What happens when the “sacrifice” that Nevadans make comes in the form of higher unemployment due to taxed business enterprises not being able to survive the increased load of needing to support more government than we can afford?
In December of 2008 the Economic Forum made their forecast for what they expected the various taxation streams to deliver. On May 1st they came back and recalculated their forecasts, based on the continuing decline of the ability for those taxes to deliver.
Even after passage of the third largest tax increase in Nevada’s history, already approved of by the Legislators representing us in Carson City, the budget that the majority party has been taking pot shots at all session requires $900 million more in funding to achieve.
When Majority Leader Horsford speaks of “revenue increases” does he think we don’t think of that being “higher taxes”?
Does he also think that we don’t recognize that in the selection of who matters the most to Nevada Legislators, the choice is protecting and taking care of those who sign the back of the checks that come from Nevada’s General Fund – not the ones who put their signatures on the front side of the checks to pay in.
Having spent enough time listening to the leaders in charge of the Nevada Legislature and hearing what their theme for the 2009 Nevada Legislative Session has been – If you are on the side that is supposed to be paying to get the level of government that the majority party wants – you need to step up and do more paying.
On Saturday, May 2nd, the Majority Leader of the Nevada Senate, Steven Horsford left no doubt, quoted in this article by Molly Ball in the Las Vegas Review Journal…
The priority is to protect the state’s education system from being damaged beyond repair, said Horsford, D-Las Vegas. The solution will have to include both cuts to all areas of state government and tax hikes of potentially historic proportions.
“Today, I am asking hard-working Nevadans to make a sacrifice for their children’s education and our state’s future,” Horsford said, according to his prepared remarks. “I am also asking corporations, casinos and other interests to share in the revenue solution.”
What happens when the “sacrifice” that Nevadans make comes in the form of higher unemployment due to taxed business enterprises not being able to survive the increased load of needing to support more government than we can afford?
In December of 2008 the Economic Forum made their forecast for what they expected the various taxation streams to deliver. On May 1st they came back and recalculated their forecasts, based on the continuing decline of the ability for those taxes to deliver.
Even after passage of the third largest tax increase in Nevada’s history, already approved of by the Legislators representing us in Carson City, the budget that the majority party has been taking pot shots at all session requires $900 million more in funding to achieve.
When Majority Leader Horsford speaks of “revenue increases” does he think we don’t think of that being “higher taxes”?
Does he also think that we don’t recognize that in the selection of who matters the most to Nevada Legislators, the choice is protecting and taking care of those who sign the back of the checks that come from Nevada’s General Fund – not the ones who put their signatures on the front side of the checks to pay in.
Posted by Doug Busselman at 5/2/2009 5:29 PM 
Categories: Nevada Budget
Tags: Tax Increases Nevada Nevada Legislature
Categories: Nevada Budget
Tags: Tax Increases Nevada Nevada Legislature
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