Abbi Whitaker is the driving force behind The Abbi Agency, and is also one of the people behind the Biggest Little City Initiative. Abbi is mom to two children, a leader in our community and a cancer survivor. Read what she has to say about Question 3 in the November election regarding the Margin Tax.
Nevada needs a solution to education funding, but the margins tax is not the answer.
The tax proposal, which will be on the Nov. 4 ballot as Question 3, would hurt small and growing businesses that have invested so much into the Northern Nevada community and economy. It could slow job growth, threaten mom and pop businesses and dissuade businesses from relocating to Nevada.
Northern Nevada is in the beginning stages of an economic rebound. Entrepreneurs are putting down roots here. Businesses large and small are investing in Reno. Now is not the time to put the brakes on this economic revitalization.
The margins tax is not the right response to Nevada’s education funding problem. But after the election, state officials, legislators and Nevada business owners must sit down and come to an agreement on how best to fund the state’s schools. Vote no on Question 3 this November, but urge your elected officials to come back to the table with a better proposal to fund Nevada education.
Source: Originally published by the Reno Gazette Journal.
For more information on why Question 3 isn’t the solution to Nevada’s educational problems, visit http://stopthemargintax.com/. Below are some educational points from that website.
“This 2% ‘Margin Tax’ would be on gross revenues, not profits, so it’s the equivalent of a nearly 15% business tax. That would make Nevada one of the five highest taxed states in the country for businesses.” – Carole Vilardo, President, Nevada Taxpayers Association
No accountability, no guarantee of more funds for schools
Promoters claim the tax is for education. But the law lets the legislature divert the funds to anything. Moreover, Question 3 contains no guidelines on how any funds that might go to education would be spent. It’s a blank check the politicians and bureaucrats could spend however they want, with no oversight and no accountability.