Obviously, this was a non-partisan issue that brought both sides of the aisle, as well as North and South to the table to achieve a common goal for the entire state of Nevada. But what do we learn from this financial lesson? To me, the answer is clear. All 63 Legislators showed by way of their vote that we need to be competitive in our tax structure in order to bring manufacturing, or any other business to Nevada. Again, I will state that all 63 Legislators voted with the understanding that a competitive tax environment brings jobs to Nevada.
So what should our next move be? How do we achieve the goal of a competitive tax environment in Nevada in order to attract business as well as retain it? In my opinion the first step would be to finally sunset the Modified Business Tax in Nevada. In that vein, I will be introducing a bill in the next session that will do that very thing. The bill will include corresponding reductions in spending.
I hope that our entire Legislature will be as receptive to a bill that helps our existing businesses as much as they were receptive to a bill that helped bring new business to Nevada.
Nevada State Assemblyman,