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That's what the spreadsheets handed out at today's budget meeting with the governor and lawmakers show. And they also handed out spreadsheets that show recent declines in gaming taxes could be filled with a 1 percent cut across the board. I have obtained those docs, which can be read at right.
I am tired of the pundits including Jon Ralston and some casino owners talking about a "broad based business tax".
Do these idiots realize now many call center jobs exist in the southeast BECAUSE there is no franchise tax or corporate income tax here? The call centers can pack up and move 1000 jobs in a few months, if it appears that their cost of doing business here is going up more than they want.
That's exactly what Client Logic did here, when their unemployment tax went too high. They bought another company, changed their name to Sitel, and moved 500 jobs to New Mexico. Did any of these pundits write about the loss of the Client Logic jobs? No.
When you're 25 years old, with only a high school diploma, and can't get a job at a casino because the Mexicans have a lock on the $10 to $13 per hour jobs there, all you can do to pay the rent, and feed your kid is work at a call center.
But of course, the assh*les and idiots who make and influence policy in this state do not have a clue about the potential job losses a broad based business tax would cost.
Ever heard of zappos.com? EIGHTY MILLION GROSS INCOME projected this year, out of one call center. They moved here because there is no income or franchise tax. They can move again just as easily.
By the way, "Tax Free Texas" just adopted a huge franchise tax on the GROSS income of all Texas businesses GROSSING more than $500,000. Every company that can feasibly move out of Texas is talking about doing so. The Texas Legislature has met 3 times, trying to amend the law to staunch the job outflow, but companies understand one thing: Once a state sets up a bureaucracy to collect taxes, when the state wants even more taxes they already have the people and computers in place to collect it.
Does anyone remember No Income Tax New Jersey? Its now the highest taxed state in the USA.
So Jon Ralston, before you or the opinion makers and legislators say Nevada should adopt a broad based business tax, why don't you come down to south east Las Vegas and Henderson and talk to us about where you are going to find the call center workers new jobs. Maybe you can convince the casinos to get rid of the people with phony Green Cards and arrange direct job transfers for all of the call center workers.