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to put that together and move that forward. That is something that may come about, although when I have talked to legislative leadership, they say they are not interested in doing that right now. But we will see how the session will play out."
Warne also said this about a possible alternative ballot tax plan coming from the Legislature:
"The Legislature may pass something but the governor said he was going to veto it. Whether or not the Legislature would override that veto, is yet to be seen. I am always optimistic that the Legislature will do the right thing for our kids and schools in this state since we so poorly fund the public schools in the state of Nevada. But the political reality of it is, I don't know that they will get anything done. And we are not interested in waiting any longer for them to get things done for our Adidas High Tops Baby Blue
This hearing Tuesday is almost a formality. The Legislature has 40 days to approve the measure or it automatically goes on the 2014 ballot. If the Legislature doesn't approve this (and it won't), it still will go on the ballot.
This tax is hated by some legislators because they can't stand the petition process as a way of raising taxes. That's supposed to be their job. But with the Jim Gibbons' two thirds threshold in place for tax increases, that's nearly impossible.
Next week's lollapalooza hearing at the Nevada Legislature comes on Tuesday, when the "Dreaded Margins Tax" gets its first hearing in the joint Senate Revenue/Assembly Taxation Committee.
Lobbyists for major businesses hate the margins tax idea because they it as just another gross receipts tax, with lipstick. No one who was around can forget that epic 2003 legislative battle that stopped the Gov. Guinn backed gross receipts tax from making into that final, historic tax package.
"That is an option available to the Legislature. They have every opportunity to do that and they have all session Adidas Energy Boost 2 Atr Vs Esm
Lynn Warne, the president of the teachers union, said during an interview this week on Nevada Newsmakers that there was no stopping the ballot initiative. Time for deals is over.
The Nevada State Education Association has been able to place this margins tax idea on the 2014 ballot through the constitutionally approved petition process. It is modeled after a similar tax plan in Texas and places a 2 percent tax on the revenues of companies in excess of $1 million a year. The tax would bring in an estimated $800 million a year for k 12 education.
kids. So we have used the initiative process from the constitution to move it forward."
of the state. Over 150,000 folks signed the initiative to qualify it and we feel it would be irresponsible to walk away from it. We are not going to do that. We support it 110 percent, as do many others around the state of Nevada, which we will hear from on Tuesday."
When asked on Nevada Newsmakers if the petition process will be the only way tax increases are approved in Nevada, Warne said:
At bat Tuesday at the Nevada Legislature
"A lot of people say that we don't want to become the California way of legislating tax policy. But unfortunately, the legislative process has not been the way to look at tax reform and set good tax policy by broadening the base in the state of Nevada. So the initiative process is going to be the way that we'll do it this time. asked on Nevada Newsmakers if any tax increase could be passed by the Legislature, Warne said:
The only alternative I can think of is having the Legislature come up with a plan that is more viable to those Harden 1 Black Ops who will be taxed, get that on the ballot and let the people decide.
"The Legislature can't stop it and even if we (teachers union) wanted to stop it, we could not either," Warne said on Nevada Newsmakers. "It is now the property of the people Human Race Nmd Blue On Feet
A sportscaster would say about the margins tax, "You can stop it; you can only hope to contain it."
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