Checking in on the Nevada Legislature as the days draw to a close, with 27 days remaining in the 120 day session.
Today the Democrats rolled out a tax plan!
Can't say I'm thrilled with this idea to generate revenue for Nevada, as the Assembly Speaker Marilyn Kirkpatrick has brought up an admissions tax on entertainment! Which means pretty much anything locals & tourists attend will be hit with a 8% tax.
Seems this new tax will replace the existing "live entertainment" tax, with a more wide reaching and easier to navigate simple 8% tax on everything except non-profit gatherings and small 50 seat or less venues.
This is another tax on the local population plain and simple. It hits the very pocketbooks of the citizens' who already pay a hefty sales tax.
Was there any thought of maybe asking the business community to pay a little tax? Year after year Nevada's lawmakers shy away from even thinking of asking the states largest businesses to pay a few taxes. Large retailers in Nevada don't pay a profits tax, and guess what, Nevadans see no benefits from these companies getting the tax break by seeing lower prices at the store. Just like mining, the large retailers take their Nevada based profits and ship them out of state!!
With this bill just being introduced with 27 days left, means a swift flurry of activity will surround the bill and as usual the Democrats have waited to the final buzzer to offer any tax plan.
Why it took 93 days to introduce this bill is a mystery, because on the surface it's far from anything that would take 93 days to conjure up.........it could have been done across the street over a few mugs of beer & a napkin.
It won't be surprising to see Republicans lampoon this bill and Governor Sandoval has already (in mere hours after the big announcement) chimed in as an opponent.
Unless Someone can tell me a reason to like this bill, I as a staunch DEMOCRAT am in full agreement with Nevada's REPUBLICAN Governor. And that shouldn't happen!
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