Published Monday, Nov. 24, 2008 | 3:59 p.m.
Updated Monday, Nov. 24, 2008 | 4:01 p.m.
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Barrick's Michael Brown tells Chancellor Jim Rogers he is barking up the wrong tax tree.
Read his letter at right.
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Published Monday, Nov. 24, 2008 | 3:59 p.m.
Updated Monday, Nov. 24, 2008 | 4:01 p.m.
Barrick's Michael Brown tells Chancellor Jim Rogers he is barking up the wrong tax tree.
Read his letter at right.
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Jon:
I usually applaud your reporting and analysis but this time I don't think you read the same letter I read. Mr. Brown was very specific in his support of taxes, including, for example "for many years we have. in concert with our state's most significant industry, supported broad based taxes." Or "If the Chancellor is suggesting a tax on net business income, or a corporate income tax that would be applied to ALL business. we would have no objection in principle." Or "We would support broad based taxes if fairly applied. If the payroll tax were increased, we would pay at the same rate as all other employers; if a business profits tax were adopted. we would pay that as well."
What you probably meant and should have been more clear about was Mr. Brown's objection to taxes targeted to the mining industry, not taxes which were broad based and include mining along with other industries. Your short hand gives the wrong impression and gives some quantum of solace to the knee jerk anti tax forces shepherd by the RJ!
Yes....we need higher taxes in Nevada to fix the layoffs that have occurred and will occur.
Higher taxes is the ticket to healthy businesses.