>>> Click here for Nevada Policy’s blueprint for rebuilding Nevada’s economy<<< The COVID-19 pandemic, the statewide shutdown and the resulting economic consequences will have a lasting impact on Nevada. As we work to keep the coronavirus under control and rebuild the livelihoods of Nevadans, we have an… Read More
Nevadans constantly complain—and rightfully so—about the high price of gasoline in the Silver State. Although prices have declined in recent months, gas in Nevada costs significantly higher than in other states, including nearby California. Many critics, such as the editors of the Las Vegas Sun, allege the state is being "gouged by an industry that allows only token competition." Such claims remain to be proven, but one fact in the discussion regarding gas prices cannot be disputed: the majority of Nevada’s drivers pay a whopping 52.05 cents per gallon in federal, state, and county taxes. Herewith, an examination of Nevada’s gas tax structure.
The debate over granting President Clinton’s fast-track authority to negotiate international trade and investment agreements (postponed until next year) has given rise to a larger debate on expansionism vs. protectionism of U.S. trade policy. Protectionists, who are against fast-track authority, claim that expanding trade has a negative impact on the U.S economy. Supporters of trade expansion realize that free trade policies actually increase jobs and improve the economy. NAFTA (the North American Free Trade Agreement) has been used by both sides in support of their claims that free trade is harmful or beneficial, respectively. Following are general facts about free trade along with a closer look at the results of NAFTA in the U.S. and Nevada during its first three years, 1994 to 1996.
Agriculture Secretary Dan Glickman, with the support of so-called consumer activists and some in Congress, has requested greater recall power over meat and poultry products. Glickman and his allies have seized upon recent outbreaks of E. coli bacteria in beef as justifications for greater federal authority over the nation’s food industry. But the current food safety debate all but ignores two critical facts: America already has a safer food supply than any other country, and a measure to make beef even safer—irradiation—is being blocked by the federal government.