Casino Property Tax Reductions are Un-Fair

February  2003

Washoe county officials reduced the values of some Reno-area casinos by about 118 million dollars. That is quite a sum. The reduction in value will costs local governments about 11/2 million dollars. That too is quite a sum.

Casinos can do this because there is a law in Nevada that allows it if they have declining incomes. No one can argue that most businesses have had down turns, especially right now.

What if you are not a casino? How about a book store, or restaurant? No deal for you!  

Then how about the regular citizen who has been laid off or had to take a salary reduction because of the poor economy?  No deal for them either? 

The law is un-fair and transfers the financial burdens of casinos to other businesses and everyone who works.

 How is it, that one industry can get a break like this when others can't?

I speak rhetorically of course.. we all know how it is done. Politics during Legislative sessions. The Casino lobbyists have access that regular citizens or business doe not have.

 Comes down to money. And when you have little of none, the Legislature will not have a deal for you!