It dawned on me, while reading the latest info, that I have never thanked NPRI for the fine, fine job you're doing informing all of us. And soooooo... Thank you!
Recently, while I traveling, I sent Nevada Journal a copy of Senate Continuing Resolution 19 (the study for Nevada becoming the "Delaware of the West") fresh off the press.
While drafting the original white paper that set forth the "Delaware of the West" concept, I received much help from a multitude of sources. As a result, there has been a truly pleasing response to the final edition, overwhelmingly favorable and enthusiastic from all sides.
The criticisms were mainly concentrated on the section proposing new (regressive) income taxes on financial institutions. These criticisms came from both the financial community and others.
After careful reconsideration and a number of discussions, I have concluded that new taxes measured by income on business, or any sector thereof, is a very bad concept and should be vigorously resisted. Even public discussion of new income taxes on business sends the wrong signal to the very enterprises we should solicit about incorporating and doing business in Nevada.
The nonexistence of an income tax (individuals or business enterprises) makes Nevada all but unique. If Nevada aspires to become a large business center, this feature must be enhanced, advertised, and made inviolate.
The committee to study S.C.R. 19 has now been formed. A large amount of pro bono work by businesspersons, lawyers, accountants and other experts will be necessary to assist the Secretary of State and the legislative committee in fleshing out the technical details.
John H.O. LaGatta
Open Letter to
Governor Kenny Guinn,
Are you sure you haven't splintered the windmills of your mind? Indian gaming is bad because it will force you to come up with other revenue sources for "government growth?" Excuse me, but everywhere I look government is growing just fine on its own without any formal plan to ensure it continues to do so.
How did you respond to seeing your thought in print? Could it be: "I have to be more careful. A comment like that could give people the wrong impression. It's inaccurate and could lead people to believe my primary goal is to expand the sources of revenue to produce a 'stable' tax base which will generate a steady, ever-increasing flow of money to grow government- regardless of what's happening to the people. That's far from the truth and I must be more cautious."
Or is it, perhaps:
"I have to be more careful. A comment like that could give people the right impression. It's too accurate and could lead people to understand my primary goal is to expand the sources of revenue to produce a 'stable' tax base which will generate a steady, ever-increasing flow of money to grow government-regardless of what's happening to the people. That's too close to the truth and I must be more cautious."
Which one, Governor? Just curious.
The Pretense is Over
A while back Nevada Journal ran an article ["Goose-Stepping Ghosts," November, 1998] showing how fascist ideology originated among socialists as a way to more effectively impose anti-democratic revolutions.
Well, Nevada's U.S. Senators Reid and Bryan, who have long supported virtually every socialist scheme the Democratic Party has put forward, have now, with their party, gone all the way over into support for principles that are indubitably fascist.
Case in point is their stand on the issue of campaign financing, where both are supporting a fundamental trashing of the very root of our freedom, the First Amendment. Both have signed on to the effort to impose governmental limits on our freedom and right to promote our views to other people and support the political candidates and causes we choose. When the framers of the American republic crafted the First Amendment it was to protect precisely the kind of political speech and advocacy that the Beltway elites are now seeking to block. Reid and Bryan used to at least pretend to still support freedom of speech. But their real principles are now revealed.