Nevada lawmakers could realize tens of millions in annual cost savings by returning to the state’s original prohibition on government-sector collective bargaining.
The Public Employees’ Retirement System of Nevada has a huge math problem: It’s promised to pay around $40 billion more in benefits than it currently has, even after including reasonable returns from its investment.
In the realm of education — arguably the most significant area of an individual’s life — most Nevadans have been deprived of choice. Instead, they have been forced into a state-run monopoly.
Now that Nevada voters have granted them unified control of the legislature and governor’s mansion for the first time in 85 years, Republicans will have a historic opportunity in 2015 to enact policies that will mean better opportunities for Nevadans for generations to come.
The need for school choice in Nevada is clear. Empirical research into existing programs of school choice in other states has consistently found that choice leads to improved outcomes for both students who participate in those programs and for students who elect to remain in district-run schools.
Nevada’s taxation department issued a report Monday listing $2.2-billion in new annual revenues that allegedly could be collected if certain tax exemptions, credits, abatements and preferential tax rates were removed from state law.