When bureaucrats decide a tax increase isn’t actually an increase…

Michael Schaus

In order to fund Governor Sisolak’s proposed budget, Democrats want to change current law, and keep in place a temporary tax increase from 2015. That increase to the Modified Business Tax was originally set to expire this year.

Most people had assumed that such a move would require at least two-thirds support from the legislature — meaning at least one Republican in the Senate would need to join Democrats in voting to extend the tax.

However, the Legislative Council Bureau apparently had a different opinion, telling Democrats this week that no such “supermajority” is needed.

Apparently, the LCB has a different definition of the word “increase” than the rest of us.

 

Michael Schaus

Communications Director

Michael Schaus is communications director at the Nevada Policy Research Institute and is responsible for managing the organization’s messaging with the public, the media and NPRI’s membership. He is also currently a policy advisor for the Heartland Institute.

Prior to joining NPRI, Michael worked in media as a national columnist, a political humorist and a conservative talk show host in Denver, Colorado. Active in both print and radio, he shared his insights and free-market economics perspective with large local and national audiences.

Michael became interested in economic theory earlier in life while employed in the financial sector. As the liaison between a local community bank and the Federal Reserve, he acquired an in-depth understanding of just how manipulative big government can be toward industry and enterprise. It was that experience with big-government intervention that initially led him into public-affairs commentary.