Taxation

NPRI Proposes Balanced State Budget

Posted by E!! on May 01, 2009
Balanced Budgets, Economy, Government Spending, Taxation / No Comments
PrintFriendlyShare

Apparently there’s a guy working at the Nevada Policy Research Institute who is smarter than the entire Nevada legislature combined.

How so?

He went through the state ledgers line by line and, applying some basic principles and setting a few reasonable priorities, came up with a proposed budget of $5.1 billion.  Which, unlike the budget proposed by the Nevada legislature, stays within our current revenue projections. 

Oh, wait, that’s right:  the state legislature still has not released their budget for public discussion.  Even though they’ve been meeting up in Carson City for months.

Said a legislator who asked not to be named, “I mean, come ON, guys.  This stuff is, like, really hard.”

Says Geoffrey Lawrence, the fiscal expert at NPRI who put the proposed budget together, ”The reason the legislature and governor haven’t been able to balance the budget is that they’ve been unable or unwilling to set priorities.”

Now we wait to hear what the Economic Forum has to say.  We expect they will project lower tax-revenue than previously anticipated.  And that lawmakers will then propose record or near-record tax increases.

If they do, remind them of the four basic principles that provided the basis for NPRI’s budget:  sensible prioritizing, consistent application of government rules and taxes, agency thrift, and “last in, first out” (the elimination of some programs created and funded by Nevada’s record 2003 tax increases – which never should have happened).

PrintFriendlyShare

Tags: , , , , , , ,

What A Difference 100 Days Makes

PrintFriendlyShare

If you can stomach it, Americans for Tax Reform has a recap of all the major fiscal and tax-related events since Inauguration Day.

Title:  Obama’s First 100 Days:  Higher Spending. More Debt. New Taxes. Broken Promises.

Yep, that about sums it up.

Just a snippet:

Day 1 — January 20: In his Inaugural address, President Obama makes a noteworthy commitment to the American taxpayer:
 
“And those of us who manage the public’s dollars will be held to account, to spend wisely, reform bad habits, and do our business in the light of day, because only then can we restore the vital trust between a people and their government.”

Or two:

Day 41 — March 1: The Obama administration foreshadows another broken promise when Peter Orszag, appearing on This Week with George Stephanopoulos, claims the 8,000 earmarks in the 2009 Omnibus Appropriations Act of 2009 are “last year’s business. We just need to move on.” The statement by Orszag in not consistent with Obama’s campaign promise made in the first presidential debate:
 
“And, absolutely, we need earmark reform. And when I’m president, I will go line by line to make sure that we are not spending money unwisely.” (Sept. 26, 2008. First Presidential Debate, Oxford, Miss.)

RTWT.

PrintFriendlyShare

Tags: , , , , , , ,

Free Markets

Posted by E!! on December 15, 2008
Balanced Budgets, Capitalism, Economy, Taxation, transparency / No Comments
PrintFriendlyShare

Iain Murray recently had a good post on the general arguments for them, and for meddling or not meddling with them.

At a recent meeting of Nevada conservative and libertarian leaders it was interesting to note that although we each came from different points on the political spectrum and disagreed on some things, we found one general policy area in which we all agreed:  fiscal policy.  Namely:  free market, small (and transparent) government, low tax, balanced-budget approaches.

PrintFriendlyShare

Tags: , , , , , , , , ,

A Sign of Things to Come?

Posted by E!! on October 29, 2008
2008 Elections, Barack Obama, Taxation / 6 Comments
PrintFriendlyShare

Nevada state senator Bob Beer’s campaign office has been located at 6822 W. Cheyenne Ave., Las Vegas, NV for the last six months or so.  He says that a couple of weeks ago, two doors down, an Obama campaign office opened.  Beers’ staffers thought maybe Obama had adopted a new slogan, but it turns out the previous tenant prepared tax returns and the Obama people neglected to take down the old sign:

PrintFriendlyShare

Tags: , , , , , , , ,

The Tyranny of a Non Tax Paying Majority

Posted by E!! on October 24, 2008
Taxation / 1 Comment
PrintFriendlyShare

Cliff May had a goodie the other day.  And it’s been nagging at me ever since.  The gist is this:

We all know that taxation without representation is a form of tyranny. But as so many have been saying lately, roughly 40% of Americans today don’t pay income taxes.

So, what if in the next administration that number rises to 51% or more?

At that point, the majority of Americans - who would not be paying any taxes – could and would elect leaders who could and would decide how much the tax paying minority would have to remit to the government.

That money could and would then be redistributed to the non-taxpaying majority through government programs and services.

A majority of Americans would then enjoy representation without taxation, and Voila, we have The Tyranny of the Non Taxayers.

PrintFriendlyShare

Tags: , , , , , , ,

Nevada’s New Transparency Website

PrintFriendlyShare

I am pleased to point my readers to a new website by the Nevada Policy Research Institute.  The site – www.TransparentNevada.com – will bring much needed oversight and transparency to our state and local governments.

If you want to see how your tax dollars are being spent, just go browse the site.  It’s easy to use and allows visitors to view and search public employee salaries and overtime (there are some real Doozies!) as well as state and county contracts and purchase orders, lobbying expenditures, budgets, and financial reports.

Since your blood will no doubt be boiling after a few minutes on the site – just the first page of government Salaries/Compensation in Clark County was enoughto raise my BP ten points - you’ll be glad to know the site also features a blog for citizen comments & reporting and links to government transparency resources around Nevada.

In the website’s press release, NPRI president Sharon Rossie said, “There is simply no subsitute for independent, non-governmental oversight of public financing.  NPRI is proud to provide this valuable service to Nevada citizens.”

 

PrintFriendlyShare

Tags: , , , , , , , , , , , , , , , , , , , , ,

Neighborliness or State-Mandated Socialism?

PrintFriendlyShare

Last night in his interview with Bill O’Reilly, Obama said:

“If I am sitting pretty, and you’ve got a waitress who is making minimum wage plus tips, and I can afford it and she can’t — what’s the big deal for me to say, ‘I’m going to pay a little bit more.’ That is neighborliness.”

Well, Senator Obama, it WOULD BE neighborliness if you were doing it VOLUNTARILY, i.e. if free will were involved.

However, if the amount you pay is decided by the federal government, collected by the federal government, and distributed where and whence the federal government sees fit, and if you resent the hell out of it (as I do), then the act is NOT neighborliness but state-mandated SOCIALISM, otherwise known as the forcible redistribution of wealth, otherwise known as highway robbery by the Nanny State bandits of the world.

(I was pleased when O’Reilly called him “Robin Hood Obama.”)

PrintFriendlyShare

Tags: , , , , , , , , , , , , ,