With the November Ballot approaching, initiatives, propositions, and campaigns
are in full swing and trying to convince everyone why this or that should
or should not be passed. Here at Joey Gilbert Law, we are not different,
however, we just want to provide the facts about the propositions we care
the most about, and want you to be the judge.
We are very passionate about Question 3, the Margin Tax Initiative, and
Question 1, the Nevada Judicial Appointment Amendment.
Despite the great lengths the Nevada Economy has been going through to
become better, it continues to struggle. With Tesla recently announcing
their move to Nevada, it has sparked a lot of interest in several other
corporations to move to Nevada, which would result in thousands of jobs,
and could bring Nevada out of the slump it has been in. However, this
new Margin Tax on businesses would do the exact opposite to our economy
than what it would hope to do. Question 3 is a 2% tax on gross revenues
on businesses that make over a certain amount per year. However, this
is not on a company’s profits. This means that a company could be
taxed heavily on the revenues of a year, even if they have high business
expenses, putting them in the red. This is projected to happen to a lot
of locally owned business across all of Nevada, which would result in
job losses, and even company closures. This is exactly what Nevada does
not need to happen right now.
One of the biggest points of pride that Nevadans share, is the opinion
of how different and better the state is run than our neighboring state
California, especially when it comes to taxes. However, with this tax,
it would put Nevada in the top five highest taxed states on businesses;
even higher than California.
Our biggest issue with this tax and its campaign efforts are the emotional
ploy that these funds will be spent on Nevada’s education. Education
reform is something that needs to be looked into, we would agree, however,
the money raised from the tax would be put in the general fund, meaning
politicians can chose how the money is actually spent, and does not guarantee
any additional funding for education whatsoever. To us, it seems as if the
“money for education” is just a tactic to get more votes for it to pass. We have been lied to
by politicians in the past, but like the famous saying goes, “fool
me once, shame on you. Fool me twice, shame on me.” Don’t
Question 1 is the other point of interest we are very passionate about
here at Joey Gilbert Law. It seeks to establish a Three – Judge
Appellate Court, which would enhance Nevada’s Judicial Process by
reducing case backlog, efficiently managing the appeals process and allowing
the Nevada Supreme Court to focus on the most pressing and complex issues
of the court and state. Nevada, surprisingly, is one of only ten states
that does not have a Court of Appeals, even though our Supreme Court is
one of the busiest in the nations. Essentially, it would provide a more
timely access to justice for our Nevadans, while also creating a more
stable business climate for existing and new businesses.
All we ask from you is to be educated about what you are voting on this
November. Know how it will affect our people, our economy and our state
as a whole.