North Las Vegas and Henderson might seem like polar opposites, but under the surface, both face the same problem: The State of Nevada’s collective bargaining mandate for local governments severely restricts their ability to reduce or even limit employee compensation increases.
Long-term success often requires rejecting unsound and merely short-term gains. Recognizing that principle, America’s Founders constructed a system focused on long-term success, and we all today are still enjoying the fruits of their wisdom.
Lt. Gov. candidate Lucy Flores is spot on when it comes to detailing some of the problems with the proposed margin tax.
Yet another study finds there is little to no correlation between spending and student achievement. The question isn’t why hasn’t Nevada dramatically increased education spending, but why is no one being held accountable for Nevada’s dramatic increase in education spending while education outcomes have decreased?
Even by lax accounting standards, PERS' unfunded liability stands at $12.9 billion, with a funding level of under 70 percent. Based on its investment return over the past five years, the likelihood that PERS will be fully funded in 2033 is more than 1 in 12 quintillion.
Nevada taxpayers are on the hook for an unfunded liability of over $40 billion.
Taxpayers lose big during 2013 Legislative Session.
Repeated government interventions have prolonged Nevada’s housing slump.