Cutting Back -- Something That Doesn’t Seem To Be A Preferred Choice

By:  Doug Busselman, Executive Vice President

This morning I stepped on the bathroom scale and discovered that for my weight – I’m not as tall as I ought to be.  The options for dealing with this situation (beyond buying larger clothes and a longer belt) would seem to be along the lines of doing something to cut back on my level of intake.  Diets are not a favorite lifestyle choice that I would prefer.  I would like to choose eating as much as I want…eating the things that I like…and having that work out with as little discomfort as possible.

From what I’ve gathered thus far in the 2011 Nevada Legislative process, my preference for non-dietary reductions has a lot in common with those who don’t want cuts in Nevada government spending.  Based on the reactions of those who consider government spending as necessary to increase as having another year follow the last one – their desired approach would be to increase the tax burden to provide necessary resources for keep funding rolling out to beneficiaries of other people’s money.  

We don’t know exactly the specifics of what type of tax or how much more they’d like to see (although we are starting to hear the idea that maybe $1.25 Billion might be a number to start from.)  Special “Thanks” to Jon Ralston to his ever-vigilant work of trying to pry out the breaking news of a specific tax plan.  Stay tuned and probably somewhere after the economic committee charged with projecting their forecast for how much taxes will be likely from current methods/rates release their findings in May…we’ll see something more definitive emerge from the behind closed door conclaves where these decisions get made.

An exception to this tax increase hiding out plan might be the earmarked tax increase proposal for getting contractor companies the funding that they are looking to receive.  This formal idea got front stage promotion in the first committee hearing for the Select Committee on Economic Growth & Employment, as reported in this Nevada News Bureau account .   (I would strongly recommend on clicking through to get connected to the specifics of the Building Jobs Coalition proposal.)

Between now and the official revelation of the plan(s) for getting heavier tax loads for the private sector – to support those who are convinced that the public sector has the ability to reduce, we will be exposed to the continuing campaign of evaluation of the Governor’s proposed budget.  That will not be a quiet process – so we can expect hearing the regular pronouncements of how it simply won’t be possible to fit the spending requirements within the tax structure or levels that are currently available.

I’m anticipating that even with the two-thirds majority requirement for approval of a tax increase package, the likelihood of putting those who spend state funds on the necessary sustainable expenditure “diet”, is more probable than me being able to grow to the necessary height that fits my current weight status.   Pass the lettuce for me and everybody else should either get involved in telling your elected representatives to put the state on a diet or get ready to do more without your money – so government gets to keep their spending at the levels they’ve become accustomed…

 

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