Key language in the proposed margin tax might force firms to file taxes jointly with firms that they have never done business. A business owner may not even know the business owners with whom the tax would force them to file jointly, should the tax become law.
In addition to forcing separate companies to file joint taxes if they share a single, minority owner, the margin tax could also implicate innocent business owners under federal racketeering laws. This is the second of a two-part series exploring the ramifications of the initiative’s broad language.
The wording of the proposed margin tax is so vague that it could force companies that have only minority owners in common to file taxes jointly. This is the first of a two-part series exploring the ramifications of the initiative’s broad language.
Bundy’s situation is merely the latest flashpoint in a growing resentment across the American West of the federal government’s presumptuous and frequently abusive administration of the land. In Nevada, where federal authorities control 87 percent of the land — leaving the people only 13 percent — public resentment toward the federal land imperium is pervasive and bipartisan.
A municipal bankruptcy statute is urgently needed to allow North Las Vegas to re-emerge from its current state of prolonged insolvency. Few things should warrant a special session of the legislature, but the pressing need for a municipal bankruptcy statute is one.
The left's new agenda is to smooth income "inequality" by extending unemployment benefits and raising the national minimum wage. But, data shows it is one's decision to work that plays the biggest role in determining one's position on the income scale.
The Affordable Care Act is touted to decrease emergency room costs and visits through expanded health care coverage, but an Oregon study shows the new law is likely to have the opposite effect.
Government unions and public officials are needlessly keeping Nevadans in the dark.
Nevada’s unionized government workers enjoy premium compensation — to taxpayers’ detriment.