'Let's make a deal'
FOR IMMEDIATE RELEASE DATED MAY 23, 2001
THE LIBERTARIAN, By Vin Suprynowicz
'Let's make a deal'
Desperate to raise taxes somewhere, Nevada state Sen. Mark James is now reduced to playing "let's make a deal" in Carson City, dropping his initial plan to charge a $500 filing fee to every business that incorporates in Nevada, instead now offering an even more burdensome plan to charge all Nevada corporations annual filing fees depending on company value -- fees ranging from $150 to $50,000.
(If this goes forward, James would apparently abandon Senate Bill 571, an attempt to make his earlier tax plan more palatable by exempting smaller firms from the state business employee tax. Confused yet? James' colleagues might be well advised to hold out till he throws in a Bass-O-Matic and a couple of free Ginsu knives.)
Of course, under this latest scheme, companies that might have incorporated here (the state rakes in tens of millions from such absentees) could instead choose Wyoming or New Mexico; even firms that stay could simply pass along the added costs to their Nevada customers.
Yet Sen. James, who still claims to be a smaller-government "Republican," justified his plan by asserting legislators will "do a tremendous disservice" to the state if they fail to whack someone with an extra $65 million per year in taxes, since otherwise they'd have to trim by a meager 3 percent (Oh, the humanity!) Gov. Kenny Guinn's original proposed state budget ... which would still grow by double digits.
Let's give him the benefit of the doubt. Perhaps Sen. James isn't actually a socialist. Perhaps he was only cynically playing on the presumed socialist sympathies of those on the other side of the aisle (he would need two-thirds support to enact any of these hare-brained schemes) when he commented Monday, "We have to take a first step, and this is a good first step. This puts the burden on the wealthiest corporations."
One is put in mind of the hypothetical "ideal Democratic plan" to compensate the fans of a rained-out baseball game -- fortuitously e-mailed to us this week by Connecticut Republican legislative staffer Mark Anderson:
"The team was about to send out refunds when the Democrats stopped them and suggested they send out refund amounts based on the Democratic interpretation of fairness. After all, if the refunds were made equally to the people who paid for the tickets, most of the money would go to the top 2 percent who bought the most expensive seats. The Democrat's Plan:
"-- People in the $10 seats will get back $15, because they have less money to spend.
"-- People in the $15 seats will get back $15, because that's only fair.
"-- People in the $25 seats will get back $1, because they already make a lot of money.
"-- People in the $50 luxury seats will have to pay another $15, because they have so much to spend.
"-- And the people driving by the stadium will get $10 each, even though they didn't pay anything in, because they must need the most help."
In America, such taxes as are necessary are supposed to be capitized equally among the citizens. The doctrine that more should be assessed from those who have worked hard and gathered together enough capital to set up a business and create jobs, "from each according to his ability," belongs to quite a different school of economics, Sen. James, one which has spread poverty and desolation across half the globe in the past 80 years.
Anyway, as Gov. Guinn correctly points out, even a little family limited partnership established for estate purposes -- the governor has one, himself -- would be hit with an additional $150 fee under Sen. James' latest "tax plan of the week."
Give it up, senator. The educrats will never be happy, no matter how many millions you shovel their way. Like a bloated restaurant diner counting the change in his pocket and deciding to skip dessert, it's time to get to work and trim back that big double-digit state spending increase ... by a paltry 3 percent.
Vin Suprynowicz is assistant editorial page editor of the Las Vegas Review-Journal. Subscribe to his monthly newsletter by sending $72 to Privacy Alert, 1475 Terminal Way, Suite E for Easy, Reno, NV 89502. His book, "Send in the Waco Killers: Essays on the Freedom Movement, 1993-1998," is available at 1-800-244-2224, or via web site www.thespiritof76.com/wacokillers.html.
Vin Suprynowicz, vin@lvrj.com
"When great changes occur in history, when great principles are involved, as a rule the majority are wrong. The minority are right." -- Eugene V. Debs (1855-1926)
"The whole aim of practical politics is to keep the populace alarmed -- and thus clamorous to be led to safety -- by menacing it with an endless series of hobgoblins, all of them imaginary." -- H.L. Mencken
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