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AIR DATE: February 10, 2010

Gov. Jim Gibbons has laid out the sad state of the state and now it's up to the legislature. We talk with Democratic leaders Speaker Barbara Buckley and Senate Majority Leader Steven Horsford to get their reaction and where they think the Legislature will have to make cuts to close the $881 million budget gap. We also discuss the issue with Republican legislators.

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COMMENTS:
I'm glad to hear the governor is tired of "throwing money" at education. Watch out Mississippi. If they don't count those "gift certificates" to supplement teachers' salaries Nevada will push Mississippi off the bottom rung of the spending ladder.
FurrFeb 9, 2010 13:44:51 PM
The price of gold has increased dramatically BECAUSE of the recession, yet we only tax mining 0.5%. Why not tax this business, whose tax rate was fixed in 1864, at an increased rate?

4 of the 5 largest mining companies in Nevada are foreign-owned, yet they are getting a tax break on the backs of Nevada families. Why shouldn't they pay their fair share???

JamesFeb 9, 2010 00:00:00 AM
Last night on KNPR I thought I heard:

The mining industry takes Six Billion Dollars out of the state of Nevada.

The mining industry pays 79 million in taxes.

This is 1.3% tax rate.

(I'm an underpaid teacher and my tax rate is over 20%)

At 15% tax rate the mining industry would have to pay $900,000,000.

PERFECT!!!!!!!!!! If I heard wrong&I apologize..Just an idea!

LauraFeb 9, 2010 00:00:00 AM
What kind of education system will we have if the governor gets what he wants and 75% of taxpayer money is given away to private education businesses and the public schools are left to be funded by charity gift certificates bought at the DMV?
JamesFeb 9, 2010 00:00:00 AM
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