Taxing Us To Prosperity

By:  Doug Busselman, Executive Vice President

Since the passage of the over billion dollars of taxes in the 2009 Nevada Legislature, some of us have been thinking that things weren’t going so well.  Fortunately, we’ve learned from a University of Nevada-Reno professor of economics that we’re actually on the path to a bright new tomorrow…Thank goodness we’re being taxed instead of Nevada government adapting an approach of living within its means.

Professor Elliott Parker, who also happens to be the chairman of the UNR Faculty Senate, has again shared his insights into the benefits of increasing the tax load as opposed to reducing the expenses of more government (especially when those tax dollars are headed into the pocketbooks of those who are paid by government spending).

While there seems to be a lot of numbers that are intended to justify the benefits of greater taxes and probably something to also convince us that reductions to the University System (beyond what the Legislature wound up with) – the bottom line is that Nevada taxpayers are better off that their dollars are going to public employees and others who get government checks.  The private sector, simply can’t get by without expending more for those who cash those government checks.

For some reason the idea of the private sector having more resources to build our economy, providing jobs, products and services doesn’t seem to work anymore without Nevada government digging deeper into our pockets.

As this concept of taxing ourselves to prosperity keeps working as well as it has we can soon expect to be even better off – or would that be just those who get the tax dollars who would be the better off?  I’m looking forward to Professor Parker’s research findings on that.

 

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