Excellent Article: “Face the Facts: What are gaming and mining afraid of?”

Another “Excellent Article: ”Face the Facts: What are gaming and mining afraid of?“, by Jon Ralston, LV Sun, 02-17-12

The article is his script for his Thursday “Face to Face” TV program on My News 3 in Las Vegas. It is an interesting take on why mining and casinos are silent about the recent efforts to make them pay more taxes. Jon believes they are stonewalling, hoping all this will go away. He is right and I would add they are a little anxious at the outcome and know they will have to spend lots of money for ads and at the legislature to block attempts to raise their taxes.

I hope the petition/s are successful because both industries pay very little right now and can easily pay more. Sure, they will offer dire predictions about job losses and threats to their lavish way of life, but that is just more nonsense from two industries which control the state (the governor and the legislature). They want everyone else to make up for what they refuse to pay.

Our taxing scheme is seriously flawed. There must be a broad-based scheme that affects all businesses.

NOTE: The reason Sandoval does not like tax policy made by initiative petitions is because he knows if the legislature should, in its mega-dysfunctional state actually raise taxes significantly, he would veto them thereby supporting the corporations which made him governor.