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The Coming Tax Initiative
The Coming Tax Initiative

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AIR DATE: March 3, 2011

In the 1990s, then-Assemblyman Jim Gibbons, R-Reno, led a push to amend the Nevada Constitution to require a two-thirds majority for any tax increase. And that seemed to work fine until a majority wanted a tax increase but could not get two-thirds of legislators to agree.

And we're back there again but this time some Democrats are talking about using a little-known provision of the Gibbons Tax Restraint Initiative, which allows the Legislature to turn to the question of a tax increase to voters at the next election. That means, Nevada voters could have to choose in 2012 whether to increase taxes. And it's restructuring the whole debate in Carson City.

GUEST
Steve Sebelius, political columnist, LVRJ
Anjeanette Damon, reporter, LV Sun

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COMMENTS:
When will people figure out that the private sector produces wealth, while the government only consumes wealth? Money in the pockets of individuals will be invested or spent productively, while that same money in the pocket of government will just be wasted and/or given to people who didn't earn it. Further, given that it's only been a dozen years or so since Nevada's entire budget was less than $1 billion, it's quite clear that we have a massive spending problem, not a taxing problem. Indeed, I have no doubt that if the average person scrutinized the budget, they would be astounded at the crap that government spends shocking amounts of money on.
TomMar 3, 2011 03:58:26 AM
I'm the only money earner in my household, and I work for a small business in LV. I've adapted to a 13% cut in my income, because the business where I work was responsible and made tough choices early on to survive the recession. I'm also an involved member of the community; I give time and money to non-profits and community organizations. I, my family, and my company all do our part. So, with that said, I've completely lost patience with the time and energy spent on the picking and choosing of whom to tax or what to cut. How about a universal "get-over-it-and-deal" tax combined with a universal "get-over-it-and-deal" cut? I know I don't understand the scope and nuances, but I'm really sick of talking about it. It's a problem for all of us to suffer, so let it be a problem that all of us make sacrifices solve.
SarahMar 2, 2011 09:45:16 AM
The reality is that if we don't pay more taxes, fees go up for EVERYTHING (e.g. court fees) and lowers the level of, already mediocre, public services. Everyone makes excuses for not paying taxes, but in a state where people claim to be mostly right wing,I think those same people forget that part of being a conservative is to be accountable for what your are responsible. The people and business leaders of Nevada need to take responsibility and pay taxes: Casinos need to pay more taxes Consumers need to pay more taxes (sales) Small business have to pay more taxes Citizens have to pay more taxes (small income tax).
EdwinMar 2, 2011 09:39:46 AM
I don't understand why the commentator says that removing the deductions from the mining companies will only raise a small amount of money!!?? 5% on the $1400/ounce gold coming out of the ground. SIMPLE.
Richard SmallMar 2, 2011 09:33:47 AM
One of the problems I have with our governor's logic is that he is cutting so much from the budget, that local communities will have to raise revenue (raise taxes and fees) to cover all those cuts. Therefore, our taxes WILL increase, but on the local level, where it will actually hurt more. We are already seeing new fees, increases in fees, and local government workers being laid off, which just contributes more to the problem. Also, school budgets have been cut since 2008, so each year when you hear they are only cutting 10% - they cut at least that much in 2008 and 2009 and 2010, so how do they possibly cut more?
LisaMar 2, 2011 09:21:12 AM
It's clear that we need more taxes. Among other things, we're crippling our already inadequate educational systems. I'd love to see mining, corporate income, and personal income taxes. I want to invest in my community. If Nevadans cannot be responsible enough to pay for the things our state needs, I'll go elsewhere. This is coming from a lifelong Nevada resident who is fed up with shortsighted selfishness.
SteveMar 2, 2011 09:19:39 AM
Hey ask Joe Heck and his constituents to set the example by getting paid $5.15 an hour fof them and their family and then let's see if the $5.15 is a living wage.
DrewMar 1, 2011 09:10:33 AM
Drew, that is a great idea. I have lost a modest estimate of about 40% or more of my tip income and now the legislators want to cut my hourly wage? Let's cut their income at least that much for the next couple of years and see how much they enjoy the recession.
DeniseMar 1, 2011 21:41:19 PM
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