I heard a state income tax is in the works. That would be horrible. I can come up with at least a half a dozen ways to get more money for the state. Starting with the lottery. Why let hundreds if not thousands of Nevadans go to Cal or Arizona to play the lottery each week? Make it illegal for resorts to charge resort fees, by eliminating that, you could increase the hotel tax. Legalizing daily fantasy. Increase alchohol, marijuana tax. Anything but a state income tax. Ot maybe for the folks who make less than 100k a year.
Quote: VegasriderI heard a state income tax is in the works.
I would oppose that too, but the suggestions you make would never equal what an income tax would probably bring in. Personally, I get how they may need to raise taxes. I'd prefer them just increase existing taxes, like property and sales.
Exempt the first $50,000 of income and watch how quickly it passes.
Property and sales taxes do not take into account the ability to pay. They're a hard sell.
Sin taxes are always a good fall back. But there's a limit on how much revenue they'll bring in.
I think they’re probably already collecting too much weed tax to the point it’s actually hurting their revenue I don’t really think that would help; that and excessive regulation requirements driven up the price to where it’s pretty much tourist customers, black market so much cheaper that those who have that option are generally going that way, same thing in California.
Quote: AlanMendelsonIt's easier to sell voters on an income tax that starts taxing at higher income levels.
Exempt the first $50,000 of income and watch how quickly it passes.
.
I would vote for that, but not at 50k. It would have to be higher, maybe use the same cutoff point as the stimulus checks were, 90k.
Quote: mcallister3200Sisolak announced today that bars, including bars inside casinos, being shut down tomorrow night due to “excessive non-compliance.” I believe this includes gaming machines also. Come on dude, lets get on with the banning smoking part already for causing excessive non mask compliance.
I’m here....supermajority of mask non compliance is smokers who leave the mask on their ear or chin and think a cig in hand gives them free reign to keep the mask off.
I see a few people drinking who do the same. Most of this is occurring at slots where the casinos have less eyes.
Congrats. They just got the bars shut down.
Quote: AlanMendelsonIt's easier to sell voters on an income tax that starts taxing at higher income levels.
Exempt the first $50,000 of income and watch how quickly it passes.
What bothers me is that everybody will have to still fill out the form to show they are under the cap. You can't just go off of the federal tax form, at least I don't think you can.
I have nothing against the concept of paying taxes and would happily pay more if we received the level of government services of say the Netherlands. However, I do object to the complexity and unfairness of the tax system. When I'm in charge, taxes will be based on consumption, not creation. Meaning no income tax but a national sales tax equal to whatever it would take to replace that lost income.
Quote: WizardWhen I'm in charge, taxes will be based on consumption, not creation. Meaning no income tax but a national sales tax equal to whatever it would take to replace that lost income.
Unfortunately for lower income people a sales tax is the worst kind of tax.
Lower income people spend a greater percentage of their income on merchandise, so their sales tax burden becomes a larger percentage of their disposable income.
You need to be clear:
Do you want a tax system based on the ability to pay, or do you want a tax system that put the same taxes on everyone regardless of their ability to pay?
I want a tax system that takes into account the ability to pay.
A flat tax system, i.e. a tax rate that is universal, might lower taxes for many people but it lacks the ability to pay basis.
Back in the early 1970s I was appointed Chairman of the Rockland County (New York) Citizens Advisory Commission on tax reform. It was a county legislature job. Our goal was to replace county property taxes with a county income tax. We were decades ahead of our time.
The proposal was simple: charge a percentage of the amount owed to the IRS as a county income tax to replace the property tax.
It could have been filed with a postcard.
Quote: AlanMendelsonUnfortunately for lower income people a sales tax is the worst kind of tax.
Lower income people spend a greater percentage of their income on merchandise, so their sales tax burden becomes a larger percentage of their disposable income.
You need to be clear:
Do you want a tax system based on the ability to pay, or do you want a tax system that put the same taxes on everyone regardless of their ability to pay?
I want a tax system that takes into account the ability to pay.
A flat tax system, i.e. a tax rate that is universal, might lower taxes for many people but it lacks the ability to pay basis.
Back in the early 1970s I was appointed Chairman of the Rockland County (New York) Citizens Advisory Commission on tax reform. It was a county legislature job. Our goal was to replace county property taxes with a county income tax. We were decades ahead of our time.
The proposal was simple: charge a percentage of the amount owed to the IRS as a county income tax to replace the property tax.
It could have been filed with a postcard.
The problem with income taxes in Nevada is that there is so muc h undec.lared income that is not getting taxed. A spending tax will help alleviate that problem. So many service workers in Nevada support themselves on tips that are often two to three times higher than their wages.
Quote: DRichThe problem with income taxes in Nevada is that there is so muc h undec.lared income that is not getting taxed. A spending tax will help alleviate that problem. So many service workers in Nevada support themselves on tips that are often two to three times higher than their wages.
Do you really want lower income people to pay more taxes on gasoline, clothing, small appliances, school supplies for their kids, even some packaged foods and basic necessities like soap, toothpaste and toothbrushes?
Have a heart while you throw money around in casinos.
Quote: AlanMendelson
Back in the early 1970s I was appointed Chairman of the Rockland County (New York) Citizens Advisory Commission on tax reform. It was a county legislature job. Our goal was to replace county property taxes with a county income tax. We were decades ahead of our time.
.
I guess I should move to Rockland now. I have very low income, but a high net worth. You want a rich retired guy to pay almost no taxes because my income is very low rather than have me pay high real estate taxes because I own a $3,000,000 house?
Decades ahead of your time in not thinking it through......
Without any question, the fairest tax system would be a 'wealth' tax. Something like 1% of your net worth would be enough to eliminate the federal income tax. A billion from Bezos. 10's of millions from Trump. Every year. A 'regular' well off guy worth 2 million..... 20,000 a year.
The big problem is it would be subject to so much fraud and hiding of assets it would never work fairly. My Monet? it's worth $5,000. Bitcoins.... do I own any bitcoins? Etc....
Just send out a check/deposit to everyone equal to the amount of taxes on necessities. E.g., if the average cost of a year's worth of necessities is $20k and the national sales tax is 10%, send out a $2,000 check to everyone (or not everyone, based on a means test). To be clever, you could send the checks out about the same time as people would have been getting their tax refund.Quote: AlanMendelsonDo you really want lower income people to pay more taxes on gasoline, clothing, small appliances, school supplies for their kids, even some packaged foods and basic necessities like soap, toothpaste and toothbrushes?
Have a heart while you throw money around in casinos.
Quote: SOOPOOI guess I should move to Rockland now. I have very low income, but a high net worth. You want a rich retired guy to pay almost no taxes because my income is very low rather than have me pay high real estate taxes because I own a $3,000,000 house?
Decades ahead of your time in not thinking it through......
Without any question, the fairest tax system would be a 'wealth' tax. Something like 1% of your net worth would be enough to eliminate the federal income tax. A billion from Bezos. 10's of millions from Trump. Every year. A 'regular' well off guy worth 2 million..... 20,000 a year.
The big problem is it would be subject to so much fraud and hiding of assets it would never work fairly. My Monet? it's worth $5,000. Bitcoins.... do I own any bitcoins? Etc....
If your income is very low how can you possibly afford the property taxes on a three million dollar house?
Ask the people in California. They passed Prop 13 because inflation pushed up real estate prices faster than incomes, and without Prop 13 they'd lose their houses.
By the way the average property tax rate in New York State is 1.68%. Do you pay $54,000 a year on your home with low income?
Quote: JoemanJust send out a check/deposit to everyone equal to the amount of taxes on necessities.
I agree. That is also part of my platform. I would also eliminate welfare, as the UBI would cover necessities. No more incentive to mooch off the government as opposed to working.
Quote: WizardI agree. That is also part of my platform. I would also eliminate welfare, as the UBI would cover necessities. No more incentive to mooch off the government as opposed to working.
Interesting idea. Let me play devil's advocate:
Who determines the necessities and what should be bought and when?
Quote: AlanMendelsonInteresting idea. Let me play devil's advocate:
Who determines the necessities and what should be bought and when?
Our ruler would. Being a benevolent dictator with everyone's best interest in his heart, we can be sure he will do the right thing.
A good start would be eliminating the 435 members of Congress and their approximately 25,000 aides. No Congress would mean no future congressional pensions. Since EVERY member of Congress seems to be such an expert., imagine the boost to the economy as these dedicated patriots are freed from the yoke of Congress and allowed to use their wisdom and experience in the private sector.
I realized things were going to hell in Nevada, but this move suggests that some really bad situations have already come up that haven't exactly made the front page.
I mean, really, if you test positive with a private doctor and decide to not tell anyone, what can employers do? So I assume for this to have teeth, CET has to oversee the testing or have legal access to results? How does that work?
Quote: AlanMendelsonWho determines the necessities and what should be bought and when?
Everyone may decide that for himself. I probably should quit talking about this as it's getting political, which violates forum rules.
Quote: SOOPOOI guess I should move to Rockland now. I have very low income, but a high net worth. You want a rich retired guy to pay almost no taxes because my income is very low rather than have me pay high real estate taxes because I own a $3,000,000 house?
Decades ahead of your time in not thinking it through......
Without any question, the fairest tax system would be a 'wealth' tax. Something like 1% of your net worth would be enough to eliminate the federal income tax. A billion from Bezos. 10's of millions from Trump. Every year. A 'regular' well off guy worth 2 million..... 20,000 a year.
The big problem is it would be subject to so much fraud and hiding of assets it would never work fairly. My Monet? it's worth $5,000. Bitcoins.... do I own any bitcoins? Etc....
People would start sheltering their wealth in assets like fine art and rare comic books -like Ben Affleck's character in The Accountant.
Action Comics#1, 9.2, Hidden in your house?
Amazing Fantasy#15, 9.6, locked in a vault.
An original Mike Shackleford video recording, buried in your back yard?
Quote: AlanMendelsonIf your income is very low how can you possibly afford the property taxes on a three million dollar house?
Ask the people in California. They passed Prop 13 because inflation pushed up real estate prices faster than incomes, and without Prop 13 they'd lose their houses.
By the way the average property tax rate in New York State is 1.68%. Do you pay $54,000 a year on your home with low income?
My example was hypothetical. But I can afford the property taxes because I have saved up a bunch of money over the years. My point is I have a large net worth but NOT because of present income. There are a bunch of retired people who fit that bill.
In my neck of the woods the property tax rate is around 3%, by the way. Real estate is relatively cheap here.
if you think about it, why should only those working take on the burden of paying taxes?
Quote: gordonm888People would start sheltering their wealth in assets like fine art and rare comic books -like Ben Affleck's character in The Accountant.
Action Comics#1, 9.2, Hidden in your house?
Amazing Fantasy#15, 9.6, locked in a vault.
An original Mike Shackleford video recording, buried in your back yard?
Well, by extreme coincidence, I have a copy of Amazing Fantasy #15, but it's just in fair condition, so not worth all that much. Damned shame, but I bought it from another kid for a nickel about 50 years ago, so cannot complain. But the cover still gives one a thrill.
Quote: redietzWell, by extreme coincidence, I have a copy of Amazing Fantasy #15, but it's just in fair condition, so not worth all that much. Damned shame, but I bought it from another kid for a nickel about 50 years ago, so cannot complain. But the cover still gives one a thrill.
LOL, I own a copy of Amazing Fantasy #15 as well. Close to Very Good. It's not super valuable but was displayed in a small museum recently.
Quote: redietzWell, by extreme coincidence, I have a copy of Amazing Fantasy #15, but it's just in fair condition, so not worth all that much. Damned shame, but I bought it from another kid for a nickel about 50 years ago, so cannot complain. But the cover still gives one a thrill.
The market for that book has been quite irrational for a few years now. Pretty much any complete copy can bring in five figures.
I bought a CGC 5.0 for 9500 in 2012 and sold it for 17,500 two years later. It then sold for $23,000 and currently is listed at $45,000.
Mycomicshop has a fair plus copy listed at $13,900 and a single page listed for $700. Dr. Anderson supposedly has five of them, all 9.0 or better.
Quote: ChumpChangeTriple the minimum wage and raise sales taxes to 12.5%.
They are already about 10% here. Lol
Quote: redietzQuick pivot to Vegas shutting down. A friend just told me that CET is requiring their employees to be tested by next week or they won't be allowed to work.
I realized things were going to hell in Nevada, but this move suggests that some really bad situations have already come up that haven't exactly made the front page.
I mean, really, if you test positive with a private doctor and decide to not tell anyone, what can employers do? So I assume for this to have teeth, CET has to oversee the testing or have legal access to results? How does that work?
A federal act: if one worker tests positive. The employer is required to pay quarantine paid leave for 14 days for everyone in the same area. Seems, there is a financial motive.
https://www.dol.gov/agencies/whd/pandemic/ffcra-employee-paid-leave
Quote: WizardI agree. That is also part of my platform. I would also eliminate welfare, as the UBI would cover necessities. No more incentive to mooch off the government as opposed to working.
Political statement, three-day suspension.
Quote: ArmageddenData don't lie. Covid19 is definitely getting worst each day.
53,301 New Cases in USA are popped up in just 1 day. Close all casinos and all non-important businesses again 2nd time to save lives.
Cases in the U.S. Per CDC.gov
Updated July 3, 2020
TOTAL CASES
2,732,531
53,301 New Cases*
TOTAL DEATHS
128,648
624 New Deaths*
*Compared to yesterday's data
According to CDC July 8th update, 8401- deaths 54 years old and younger. 103,825 deaths- 55yrs and older deaths. I live in Upstate New York and everyone is lumped into one group. I was at an Indian Casino outside of Syracuse and 75% of the people there were 65 and older and/or obese. I think we could have, especially in New York, done more to help the elderly.
https://data.cdc.gov/NCHS/Provisional-COVID-19-Death-Counts-by-Sex-Age-and-S/9bhg-hcku
Quote: YoyomamaI was at an Indian Casino outside of Syracuse and 75% of the people there were 65 and older and/or obese. I think we could have, especially in New York, done more to help the elderly.
It definitely wasn’t handled that well, but this looks like a case of you can’t help people who who don’t want it.
Quote: YoyomamaAccording to CDC July 8th update, 8401- deaths 54 years old and younger. 103,825 deaths- 55yrs and older deaths. I live in Upstate New York and everyone is lumped into one group. I was at an Indian Casino outside of Syracuse and 75% of the people there were 65 and older and/or obese. I think we could have, especially in New York, done more to help the elderly.
https://data.cdc.gov/NCHS/Provisional-COVID-19-Death-Counts-by-Sex-Age-and-S/9bhg-hcku
If the effort was concentrated on nursing homes, sparing resources from the noble tasks of stopping cars with out-of-state plates and going door-to-door looking for tourists, the death toll would have been much less.
In RI, more than 75% of the deaths have been in nursing homes and congregate care facilities. In New York nursing homes were REQUIRED to accept COVID-positive patients released from hospitals.
There was no oversight. How could there be since absolutely no one was allowed inside to see how the residents were being cared for?
If patients in nursing homes survive to tell their stories, the most infuriating part of the pandemic will be how they were treated, and how many of them died because of the negligence of regulators.
Quote: jjjooogggA federal act: if one worker tests positive. The employer is required to pay quarantine paid leave for 14 days for everyone in the same area. Seems, there is a financial motive.
https://www.dol.gov/agencies/whd/pandemic/ffcra-employee-paid-leave
I guess the tricky part is defining "in the same area." That could have wide-ranging variation when you're dealing with enclosed spaces but square casino footage of 100,000 or more. The other thing -- I bet cubic footage doesn't enter into it, but the difference between a Gold Coast 50,000 square feet and a Mandalay Bay 50,000 square feet is enormous because of ceilings. So completely different spaces, but definitions could wind up making all square footage equivalent. This is fascinating.
Quote: WizardI was at the Aria on Saturday. The policy seemed to be that masks were required, but they didn't have to be worn. Many people wore them like necklaces because they were smoking, talking, or perhaps just refused to cover up mouth.
I agree with Wiz on this observation. Cosmo did not seem to have a very good compliance rate either. Maybe it's the City Center area? In any event, it was very crowded given holiday weekend. My particular observations were more the Caesars properties (Caesars Palace; Paris; Flamingo and Harrahs) ; they all had security at entrances AND elevators reminding folks about masks and handing them out if they forgot theirs. Also I saw properties washing chips in buckets. Not sure how much this helps since no telling how many people have handled but at least at the tables they were enforcing the disinfecting washes between dealers and after patrons left in most cases. What I didn't quite understand was why there were face up double deck games v. player held cards in double deck games at similarly owned Caesars' properties? I thought the face up/no player touch games made more sense.
Literally decided to go back to phase one.
Reopening too early didn't work
Quote: darkozAtlanta Georgia(the entire city) has now re-closed for Coronavirus.
Literally decided to go back to phase one.
Reopening too early didn't work
Or it worked just fine. It all depends on your agenda.
Quote: IndyJeffreySo, what is the latest on Nevada casinos shutting down? Truth or false rumor?
I'd go with premature rumor right now. Lets see where we are in two weeks.
In this state the governor had the health dept. collect data on Covid cases and it was found that in the early stages most of the serious incidences of the virus occurred in care facility's. Although he had the data collected, and the taxpayers pay for that collection he won't release the data. The largest newspaper in the state has sued them to try and find out which facility's were the most contaminated, yet the governor refuses to release the data for fear it might harm the business's with the highest rates. Some care facility's have an incredible contamination percentage, and there are still family's trying to house the elders that can't access that info. Why collect it?Quote: racquetIf the effort was concentrated on nursing homes, sparing resources from the noble tasks of stopping cars with out-of-state plates and going door-to-door looking for tourists, the death toll would have been much less.
In RI, more than 75% of the deaths have been in nursing homes and congregate care facilities. In New York nursing homes were REQUIRED to accept COVID-positive patients released from hospitals.
There was no oversight. How could there be since absolutely no one was allowed inside to see how the residents were being cared for?
If patients in nursing homes survive to tell their stories, the most infuriating part of the pandemic will be how they were treated, and how many of them died because of the negligence of regulators.
Quote: petroglyph...the governor refuses to release the data for fear it might harm the business's with the highest rates.
Well yeah... What other factors matter when making a decision about where to place Grandpa? What's his chance of dying there? OR, Do they have singalongs on weeknights?
We have something called the Access to Public Records Act which is supposed to force the state to release anything they collect, except for reasonable exclusions like names, addresses and other personal information. But they can come up with a wide range of supposed exceptions that can tie things up for months when they don't want the information to get out. Say what you will about the media, but they sometimes have the persistence (and the funds) to fight these roadblocks.
I won't be around, but when the historians get a chance to write about this era fifty or a hundred years from now, not a lot of people are going to come out looking good. The death sentences meted out to nursing home residents simply because nobody made the effort to look closely at the numbers and see where the dangers were will be the real story. Too many governors from both parties were too busy getting ready for their close-ups.
I'm currently in Elko NV, teaching for the state which is one of the three or four counties where they have closed the bars. Dine in is still open but this mask thing out in Elko is pretty laxed in the restaurant that Im currently at.
Quote: VegasriderI don't understand how they mandate weariing masks in casinos but still allow smoking. Before they even consider shutting down the casinos again they need to eliminate smoking. No if, ends or butt. The objective os for everyone to wear masks at all times. Don't give anyone an exuse to pull it down. Drinking is essential to stay hydrated. Smoking is not.
I'm currently in Elko NV, teaching for the state which is one of the three or four counties where they have closed the bars. Dine in is still open but this mask thing out in Elko is pretty laxed in the restaurant that Im currently at.
Both Boyd and Stations have stopped smoking at table games. If you lower your mask to drink you must step back from the table.
Quote: AlanMendelsonBoth Boyd and Stations have stopped smoking at table games. If you lower your mask to drink you must step back from the table.
Im referring to smoking inside the property. I know there is no smoking at the table games. But you can still smoke just standing around or playing slots or bingo.
Quote: VegasriderIm referring to smoking inside the property. I know there is no smoking at the table games. But you can still smoke just standing around or playing slots or bingo.
Dont know about bingo but yes smoking is allowed elsewhere.
Quote: VegasriderIm referring to smoking inside the property. I know there is no smoking at the table games. But you can still smoke just standing around or playing slots or bingo.
This is the next logical step, imo. Ban smoking and the masks will definitely stay on more.