(Jim Clark) – Columnist Jeff Quinn, CPA, did a good job of summarizing the tax effects of Congress’ American Taxpayer Relief Act of 2012 in the last issue of the Bonanza (“some good, some bad”). Jeff closes his column by pointing out with annoyance that politicians knew of the deadline for 17 months and waited until the last minute to address it. He could have added that the 152 page bill was given lawmakers to [...]
(Fred Weinberg/The Penny Press) – Last week, Sergeant William Wilson of the Las Vegas Metropolitan Police Department said that he was investigating a report of a shot fired in a downtown Las Vegas neighborhood. He said that he was investigating a disturbance call in the 200 block of Earl Street at 1:49 p.m. when he heard a shot fired in the backyard of a nearby residence on the 100 block of South 16th street. Wilson [...]
(Fred Weinberg/The Penny Press) – The biggest oil company that the average Nevada taxpayer has never heard of has leased 330,000 net acres in Northeastern Nevada and is looking for reserves of half a billion barrels with an exploratory drilling program beginning in 2013. Noble Energy, which calls Houston home these days, is a $3.76-billion (2011 revenue) company which has operations all over the globe. If you don’t follow the oil business and have heard [...]
(Thomas Mitchell/4TH ST8) After the Los Angeles City Council this week approved a 25-year contract between the Los Angeles Department of Water and Power and K Road Moapa Solar, which is building solar panels on Moapa Band of Paiute Indians tribal land north of Las Vegas, Sen. Harry Reid issued a gushing press release about the deal. “I am pleased that the City of Los Angeles took action to secure a clean energy future by using affordable and predictably [...]
(Chuck Muth) – In my last column I noted how wrong it is to use taxpayer dollars to “bribe” companies in other states with tax breaks to move to Nevada; tax breaks companies already here aren’t getting. And look, if reducing taxes is what it takes to lure companies to move here from other states, then isn’t that pretty much an indication that our existing taxes on businesses are too high and maybe we should [...]
(Brian Wachter) – Nevada expected to add more than 4,000 seasonal retail positions Retailers across the nation have begun announcing seasonal job opportunities, with hiring expected to be ongoing through Black Friday in November. Nationally, holiday hiring is expected to reach 700,000 in 2012, an increase of 6 percent compared to the 660,000 reported in 2011. Generally, seasonal hiring reports from individual retailers are consistent with the prior year, with some reporting positive growth. The [...]
(NN&V Staff) – In “Union Hypocrisy: Organized Labors Double Standard in Business and Politics” (ISBN 1478275162), author and labor relations consultant R.M. Smith offers a unique perspective on unions and their members. Smith uses her history with the Teamsters to share personal information and history on the recent status of unions and their latest hypocrisy. “Union Hypocrisy” is divided into multiple sections, each providing a look inside the current union movement. Information includes how unions [...]
(Jim Clark) – Nevada is a “right to work” state. Another 22 states have enacted “right to work laws”–statutes that prohibit both employers and unions from entering into any contract that makes either union membership, or for that matter, prohibits union membership, as a condition of new or continued employment. Essentially these laws prohibit “closed shops,” which were outlawed in federal jurisdictions in 1947 by the Taft-Hartley Law. The state of Nevada even went a [...]
(Reno, NV) – A dozen business owners shared their frustration with Congressman Mark Amodei (R-NV) this week about this economy and how the actions of the Obama Administration are impacting their business. Then Congressman Amodei expressed his frustration that Congress, and specifically the Senate, is not taking action to fix this economy and help small business in the SilverState. “The House has passed over 260 bills, but the Senate has refused to bring any for [...]
(Thomas Mitchell/4TH ST8) While putting Barack Obama’s name into nomination at the Democratic convention last night, former President Bill Clinton said: “I want to nominate a man whose own life has known its fair share of adversity and uncertainty. A man who ran for President to change the course of an already weak economy and then just six weeks before the election, saw it suffer the biggest collapse since the Great Depression. A man who [...]
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