Taxes
What might have been
As last week's blog entry (It's the spending, stupid) demonstrated, Nevada's budget crisis was self-inflicted ... too much spending and not enough self control. But what if Nevada had shown restraint over the last decade? Would we be better off or would the reduction in spending have made the state incapable of providing basic services for a rapidly growing population?
Read moreIt's the spending, stupid
The housing market crash and drop in tourism have left Nevada short on cash and unable to pay for promised services. Nevada's projected budget shortfall of more than $1 billion has many on the Left screaming for more taxes. If taxes are not raised, they argue, the $1.2 billion shortfall will be devastating to "essential" state services. However, let's not be quick to blame the economy for Nevada's current situation.
