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    « Follow the Money. | Main | Friday Fish Wrap: March 11, 2011 »
    Friday
    Mar112011

    Dear Nevada Legislature: Please raise revenue!

    ProgressNow Nevada has a great petition up, and I hope you will join me in signing it.

    Read on:

    Nevada is currently facing a 54% budget shortfall, and Governor Sandoval thinks every cent should come from cuts to education and essential services.

    Our governor is in a budget Fantasyland.

    Nevada is in some of the hardest economic times we’ve ever seen, and Governor Sandoval thinks the way to get out of it is to lop off 70 percent of the higher education budget. Forget about classes and majors – entire campuses will close.

    Is this the way to attract new businesses and diversify our economy?

    Click on the image aboveTake action today to save our state. Tell lawmakers revenue must be part of the solution by signing the petition below.

    We’re calling for a broad-based net profits tax to be paid by the largest corporations in the state, while protecting small businesses.  We’re also urging lawmakers to make mining pay its fair share.

    We’ve seen enough of out-of-state corporations taking our resources and our revenue without paying for the services they and their employees need.

    We’ve seen enough!  Haven’t you? Take action today.

    ***Petition language follows***

    We the undersigned declare: 

    We support a balanced solution to Nevada’s budget crisis a solution that includes new forms of revenue to offset massive cuts that would dismantle our higher education system, cripple our K-12 schools and further undermine our social services.

    Specifically, we call for:

    1.) Imposing a broad-based business tax on the state’s largest corporations — those with net profits exceeding $500,000 a year.

    2.) Taxing foreign-owned mining corporations by eliminating statutory deductions the industry uses to avoid paying their fair share.

    3.) An honest discussion of other revenue sources.

     

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    Reader Comments (1)

    Exactly right. Thanks for posting. There is no debt problem, there is a revenue problem.

    Fri, March 11, 2011 | Unregistered CommenterJudy
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