Doug Peterson wrote on September 23, 2009 08:18 AM: Just a quick comment on the so called idea of "redistribution of wealth" If I take $10 from a business owner and give it to a poor man it is not necessarily a distribution of wealth because that poor man does not save the money any longer than it takes him to get to the store to spend it. Give a poor man $10 and he will spend it immediately, thereby transferring the money right back to the businessman. The business man noticing increased business then hires more employees.

Conversely, if you give the business man $10 (tax subsidy), he may very well spend it to expand his business, but not anymore so than as a result of the increased business from giving the poor man $10 to spend in his store. More likely the business man simply saves the money and no one benefits.

It may be called "redistribution of wealth" but it is not from the rich to the poor, it is from one rich to another rich, with the poor getting some temporary benefit in between. This is fundamentally why redistribution does not work, because the poor man does not get an opportunity for the accumulation of wealth that was or is available to the businessman, instead the poor man simply gets to decide where to redistribute the wealth from one business to another.

Brian wrote on September 22, 2009 09:20 PM: Look at all the Chicken Littles below. Wow.

rick wrote on September 22, 2009 07:36 PM: Wait till they get a load of the new levies it will take to bail out the state
for the billions (B) of $$$$$ that it is in the hole. The "proganda" job used to lure businesses here from CA was another great idea "ginned" up by the wonderful minds of Las Vegas. Rather than trying to be something it isn't and does not want to be (thank the casinos and land developers for that), do what they do best and play up the "sin" part. All the academic
ventures left with Yucca Mtn. and the "Test" site. Hope the powers that be
are happy with the "mold" set in place.

george wrote on September 22, 2009 06:30 PM: I think all the CEOs should close up their factories and go live the high life in the Bahamas. Maybe that will teach parasites like "Raise Taxes Now" a lesson about where their JOBS come from.

Then we'll see who pays your home subsidies, medical, higher minimum wages, etc. Hope you bought a tent already.

Tax Foundation, eh? wrote on September 22, 2009 06:11 PM: Considering the Democrat massive tax increases on the consumer, the poor, and small businesses, it's a wonder anyone would relocate to Nevada to start a business. There are so many "hidden" taxes (aka fees) it's not funny any longer. All those taxes and fees eventually work their way down to the poor, as usual. It just proves that taxes are regressive in nature, because the rich don't really pay taxes, do they... you pay the taxes. Until you wake up to what the Democrats are doing to you and this country, nothing will change and you'll only be worse off. This Obama Depression is the worse thing since the Carter Administration, an abominable failure. Obama is alredy proving to be a major failure, possibly worse than Carter. So, where are these 3 million jobs for the private sector Obama/Pelosi/Reid PROMISED? (crickets chripping in the background)

Jackov wrote on September 22, 2009 05:23 PM: LV cannot compete as a family-friendly city.

LV is a great place for home businesses that sell online and pay no sales taxes-low commercial/residential rent, modern utilities, convenient international airport, proximity to trade shows and cnventions, entertainment for clients (shows, strippers, etc.).

Raise Taxes Now! wrote on September 22, 2009 04:12 PM: RepubliCONs are a barrel of laughs. Extinct, like an old dinasuar, do you really expect to make a comeback? November was a watershed moment. There will be a total redistribution of your wealth to the lower income people that you stole from in the first place. You will pay for our home subsidies, medical, higher minimum wages, etc. through much higher taxes

Writer wrote on September 22, 2009 03:53 PM: Well lordy, lordy...will you just take a look at that ranking. Nevada gives away the farm like the other foolish states like Alaska and Wyoming...but you don't see companies fleeing California or new start ups coming to Nevada. Nevada is still stuck in the mud for manufacturing and high tech industries because IT'S NOT JUST TAXES, IT'S WHETHER YOU'VE GOT A LABOR FORCE THAT CAN READ, HAVE ADVANCED DEGREES, HANDLE COMPLEX ISSUES, HAVE GOOD SCHOOLS AND COMPETENT UNIVERSITIES AND OFFER ABUNDANT ARTS AND CULTURAL EVENTS. Nope...they are not coming to Nevada, no sireeee. We're just a buncha cowboys driving pick-ups teachin' our kids to be just as cheap and dumb as their parents.

Libra wrote on September 22, 2009 03:01 PM: This is not about party philosophy; they are both heavily "supplemented" by big business (should be illegal). Abolish favoritism. Get rid of loopholes. Have the same taxation rules/rates for all businesses, including mining and gaming. Legalize and tax prostitution throughout the state. Taxing it won't make our sleaze factor any worse and will only help the deficit.

Ugly American wrote on September 22, 2009 02:39 PM: The US taxes jobs & production but allows deductions for consumption & debt.

After decades of this backwards policy, is it any wonder that we're falling behind on jobs & production but keep racking up record amounts of imports & debt?

To keep our wealth here we must switch back to taxing imports & consumption. It's really just that simple.

Dumb stunts like payroll taxes only exasperate unemployment problems by making it more expensive to hire Americans. Nobody should be punished for just for creating jobs here.

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