The November wave that swept Republicans to victory not only solidified their control of the governor’s mansion but also saw them capture both chambers of the Nevada Legislature for the first time in 85 years. So now what? In the lifetime since Republicans last controlled the legislative process, liberal policies, decade after decade, have generated many problems for the … [Read more...] about What to Expect from Carson City in 2015:Republican Sweep Creates New Opportunities for Policy Reforms
Nevada Policy Research Institute
Medicaid Expansion Pressures Nevada’s Poor, Doctors, State Budget
Addition of 281,000 to state dole creating long waits for doctor openings Last year, almost 25,000 Nevadans found their health plans canceled, thanks to the so-called Affordable Care Act. The ACA also caused a dramatic increase in the price of individual insurance plans — with Nevada having the largest premium increases in the entire country, according to a national study … [Read more...] about Medicaid Expansion Pressures Nevada’s Poor, Doctors, State Budget
What Should “Revenue Reform” Look Like?
State Tax system could be Stabilized and Improved with Broader Consumption Tax Calls for “revenue reform” have long emanated from Carson City, where state lawmakers have complained that Nevada’s current tax code is outdated and no longer capable of supporting critical public services. Most often, these calls for “revenue reform” have served as little more than a euphemism for … [Read more...] about What Should “Revenue Reform” Look Like?
Minimum-Wage Hikes: The Path to Poverty for Poor People
Presumably, State Senator Tick Segerblom thinks his proposal to increase the minimum wage to $15-per-hour in Nevada would be beneficial. After all, it sounds appealing to double the pay of fast-food workers and other entry-level workers with one wave of the government’s mandate wand. As businessmen and women know firsthand, however, there’s a big difference between good … [Read more...] about Minimum-Wage Hikes: The Path to Poverty for Poor People
An Educated Workforce Begins with Empowered Parents
Study Offers 33 Ways to Boost Nevada Students’ Achievement with No Net Increase in Spending One of the most dangerous phrases in the English language is, “Because we’ve always done it this way.” It’s a phrase that could cost a company millions of dollars in missed opportunities. But what if someone said it about a child: “She’s not doing well in school, but nothing will … [Read more...] about An Educated Workforce Begins with Empowered Parents
Downtown Summerlin Job Fair; Three Nonprofits Partner to Help Homeless Youth
Downtown Summerlin Announces Upcoming Job Fair The Howard Hughes Corporation (NYSE: HHC) announced details for the highly-anticipated job fair for Downtown Summerlin. Job seekers will be able to learn about and apply for jobs in the Summerlin Ballroom at Red Rock Resort on Wednesday, August 27 from 11am – 7pm. [Read More...] Three Nonprofits Work Together to Help Homeless … [Read more...] about Downtown Summerlin Job Fair; Three Nonprofits Partner to Help Homeless Youth
Northern Nevada Used to be a Boomtown – It Can Be Again
Commentary In early June, one of my clients asked me if it were safe to invest in real estate in northern Nevada. My response: Only if you are sure of two things: 1) If the margins tax on the November ballot would be defeated; 2) If northern Nevada would get the Tesla battery gigafactory. Then, on June 9th, the Reno Gazette Journal (RGJ) posted a story entitled David vs. … [Read more...] about Northern Nevada Used to be a Boomtown – It Can Be Again
Margin Tax Would Cause Destruction of 3,600+ Private-Sector Jobs
New Dynamic, General-Equilibrium Analysis Simulates Impact of Tax Proposal Although much has been said about the proposed margin tax on businesses that will appear as Question 3 on November’s ballot, there is a shocking lack of clarity about the actual impact of the tax on Nevada’s economy. There isn’t even agreement on an approximate amount of new tax dollars the tax would … [Read more...] about Margin Tax Would Cause Destruction of 3,600+ Private-Sector Jobs
‘Reading Rainbow’ Not Just About Books: One-Time Children’s Show Teaches About Free Markets
Ask people in today’s workforce about “Reading Rainbow” and they’re likely to have either been viewers themselves or raised children who reaped its educative benefits. For over a quarter century, the publicly funded television show worked to instill a love of reading within countless children, but in 2009, the show was abruptly canceled by PBS. While big-government … [Read more...] about ‘Reading Rainbow’ Not Just About Books: One-Time Children’s Show Teaches About Free Markets
Alternative Energy Projects: Who Pays for These Boondoggles?
Work is almost completed on the Crescent Dunes Solar Energy Project, located near Tonopah. The developers had received a $737 million loan guarantee from the U.S. Department of Energy, so if the project fails like Solyndra did, taxpayers will be on the hook for all that money. Even if we don’t have to ultimately make good on the loan, we’ll still be paying for it in lots of … [Read more...] about Alternative Energy Projects: Who Pays for These Boondoggles?
A Key Definition in the Margin-Tax Scheme Would Have Catastrophic Impact
Much ado has been made, and will continue to be made, about what is the most important question on Nevada’s 2014 ballot. But one critical aspect of the state teacher union’s proposal to enact a business margin tax has gone virtually unnoticed: the definition of an “affiliated group.” For the non-accountant, this might sound like a tedious and technical detail, but it could … [Read more...] about A Key Definition in the Margin-Tax Scheme Would Have Catastrophic Impact
Why Teachers are Leaving the Teachers Union
It’s easy to lump individuals together in a group based on one specific characteristic. How many people have been cut off in traffic by someone with a California license plate, and then blasted those “California drivers”? Generalizations are especially prevalent in politics. Who’s heard that rural Nevada is conservative, but Las Vegas is liberal? Or that rednecks vote … [Read more...] about Why Teachers are Leaving the Teachers Union
Celebrating the Constitution: The Long-Term Benefits of its Short-Term Inefficiencies
In all of life, actions have both short-term and long-term consequences — and often those outcomes stand in stark contrast to each other. If your three-year-old child is screaming for you to buy him a toy at the store, the quickest way to quiet him is to get the toy. But your actions will have told him that throwing a fit is a great way to get stuff he wants, and so each … [Read more...] about Celebrating the Constitution: The Long-Term Benefits of its Short-Term Inefficiencies
Why Government Shouldn’t Pick Winners and Losers: City Council Considering Plan to Subsidize Private Arena Developer
Imagine watching an NBA game. With the Los Angeles Lakers leading the Boston Celtics 95 to 82 in the fourth quarter, the referees stop the game and award the Celtics 15 of the Lakers’ points and make the score 97 to 80 with the Celtics now leading. That would be outrageous and unjust, wouldn’t it? The Lakers earned their points, and it would be wrong for the … [Read more...] about Why Government Shouldn’t Pick Winners and Losers: City Council Considering Plan to Subsidize Private Arena Developer
The Left’s New Agenda: Minimum Wage Hikes and Unemployment Benefits Aren’t the Key to Prosperity
Capitalism did not create poverty—it inherited it,” observed individualist philosopher Ayn Rand. Over the past centuries, capitalism has eradicated the previous conditions of widespread famine and starvation and has elevated the living standards of the poor to a level previously unheard of, even for kings. Today, even low-income Americans commonly enjoy cell phones, … [Read more...] about The Left’s New Agenda: Minimum Wage Hikes and Unemployment Benefits Aren’t the Key to Prosperity