Where’s All the Marijuana Money? Education Funding

Remember when President Obama promised the ACA would lower costs and allow us to keep our providers? We all know how that turned out. It seems the same thing happened with tax revenues from the state’s newest industry – Marijuana. When proponents were touting all the reasons we should legalize the industry, funding education was… [More…]

“More Taxes!” – The Teacher Union’s Solution to Education

In 2015, Nevada’s Legislature passed the largest one-time tax increase in Nevada history, $1.2 billion of which was, ostensibly, to boost education funding. Despite the fact that the commerce tax was rejected by voters the previous year, the Legislature and Nevada’s elected leaders chose to unilaterally “fix” education by passing the large tax package. This… [More…]

Time to Drain the LVCVA Swamp

If you caught an employee using company funds for personal use, would you pay him to retire, give him a fat performance bonus and let him continue working for you as a highly paid consultant? Not in a million years. Yet, that’s exactly what the Las Vegas Convention and Visitors Authority (LVCVA) has done with… [More…]

What Does PERS Have to Hide? Over $1.8 Billion of Public Money Each Year

Nevada’s Public Employee Retirement Systems (PERS) has a history of protecting their data and blocking the public’s access to information, even though the public (you and I) are footing the hefty bill of almost $2 billion a year. That’s more than 10 percent of state and local government’s combined own-source revenue, and the second highest… [More…]

The Bundy Trial: Fighting the Feds

Now that the Cliven Bundy trial has ended with a victory (at least temporarily) for the Bunkerville rancher, it’s time to ask what we can learn from this David-and-Goliath battle between a small businessman and the federal government. Bundy had been running his cattle on federal land for many years, but in 1993 he stopped… [More…]

Commerce Tax Repeal: The Process Begins

Passed during the 2015 legislative session in Nevada, the Commerce Tax, or Senate Bill 483, has been a sore spot for business owners over the past two years. It’s a frustrating tax for several reasons, not the least of which is, the year before, Nevadans voted against a similar tax only to have the legislature… [More…]

So Long Dave … And Other Nevada Companies

As a long-time Nevadan, I’ve always been proud to say our state is among the nation’s most business friendly. However, with recent legislative action, we’ve lost much of our edge and we can no longer tout Nevada as a beacon for new business. Take for example, my friend Dave, who owns a successful promotional products… [More…]

Here We Go Again: Legislature Poised to Raise Taxes

On the heels of Nevada’s largest tax increase, crafted in 2015, legislators are again looking for additional sources of revenue. This time, it comes in the form of AB 43, which modifies the current law on property tax caps. And it comes at a time when businesses are just starting to recover from the worst… [More…]

Nevada Piggy Book: Required Reading for Taxpayers

The Nevada Policy Research Institute (NPRI) recently released the 2016 edition of the Nevada Piggy Book. This is good because Nevada taxpayers need to know about government waste, which is an especially important topic while the Legislature is in session. However, it’s also depressing to see these examples of how our hard-earned money is being… [More…]

Intrusive and Unnecessary: Commerce Tax Registration

Has your company registered for the Commerce Tax? If so, you’ve obeyed the law, but you’ve also put yourself at risk unnecessarily. This tax was passed by the 2015 Legislature, supposedly to help fund education, and it applies to every company doing business in Nevada whose gross receipts are $4 million or more. However, every… [More…]