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A revenue solution

Posted April 11th, 2011 in Blog by erinneff

We continue to hear talk of shared sacrifice, but we’re wondering when business is going to start sharing in the sacrifice.

It’s time to revamp the 1950s tax code and bring Nevada into the modern era. It’s time to ask corporations to pay a small price for quality education and well-trained workers.

We know we need to diversify the state’s revenue system. And the best way to do that is with a broad-based business tax.

Assembly Bill 336 is up for a hearing Tuesday at 8 a.m. AB 336 enacts a corporate profits tax on businesses earning more than $500,000 a year. If you’re in northern Nevada, please go to the hearing in Carson City in Room 4100.

If you’re in Southern Nevada, please go to the teleconferenced hearing in Las Vegas at the Grant Sawyer State Building, 555 Washington Ave.

There are more details at ProgressNow Nevada’s Facebook event page.

If you cannot make it, please e-mail testimony in support of AB336 to the committee at AsmTax@lcb.state.nv.us

You can also watch the hearing online on the Legislature’s website.