(Thomas Mitchell) – Only four state senators had the gumption today to vote against the governor’s margin tax lite, which taxes businesses based on their gross receipts in the same way as proposal on November’s ballot, which was defeated by voters a 4-to-1 margin.
The four were Republicans Pete Giocoechea, Donald Gustavson, Scott Hammond and James Settelmeyer. That means seven Republicans and all the Democrats voted for Senate Bill 252, making the final vote 17-4. It now goes to the Assembly, where its fate is unknown.
State Treasurer Dan Schwartz and Controller Ron Knecht jointly sent out a press release calling on the Assembly reject the bill. Press release on SB252
“To propose a tax that has been explicitly rejected by Nevada voters displays a blatant disregard for the democratic process. The Governor has called for alternatives. Those have been provided. They should be considered along with reprioritizing several proposed expenditures,” said Schwartz.
To read the full column, click here.
Mr. Mitchell publishes the 4TH ST8 Blog at www.4thst8.wordpress.com.