Gaming and Mining – No Difference

February 20, 2011

Gaming and mining are Nevada’s most powerful welfare queens because they have exclusive state laws which keep their taxes low and whine when someone suggests they pay their way. So typical, wanting stuff  and expecting everyone else to pay for it.

To support their position they will say one thing or another and outright lie by twisting the facts but that’s what welfare queens do. They are not used to paying their way and have been feeding at the public trough for so many years that they now think it’s a right. Incredibly and annoyingly they both whine and claim martyrdom at public hearings.

To make things worse, they control most of Nevada’s business groups and the state government through the legislature and the governor. They have millions to spend lobbying to make sure they get their way and as for the governor, he received significant support from them during his campaign. So, who do you think controls the state right now? Realistically it’s them but Constitutionally it is all Nevadans.

Not quite sure about this?  Two basic examples…

1.  Both produce extreme wealth in Nevada and export it. For mining, their bounty goes to Canada and for gaming it goes to other U.S. states and countries like Macau and potentially Spain.

2.  Mining after applying those wonderful and exclusive deductions the state gives them pays just a half percent in taxes on billions in profits and gaming pays just 5 percent on the gross, which is the lowest tax rate on earth.

What’s different between mining and gaming… nothing. So, let’s knock them both off the public teat and give control to Nevadans for a change!