TAXES AND MORE TAXES CAN PUT SERIOUS PRESSURE ON THE CASINO BUSINESS

Implications: It's time for all the do gooders to back off before they kill a very successful industry. The State legislatures always need more money. The burden to provide the funds should not fall on the gaming industry alone. There is a very strong need to keep the gaming environment alive and well. Taxing until it's broken does not make sense...

Analysis: Nevada is now facing a tax for the gaming industry of about an  3% - don't sound like much, but it's an enormous additional burden for the industry. Nevada is growing by leaps and bounds and it's time that the taxes are shared by all businesses. We are no longer a one industry State. If every time a segment of our populations see a necessity to raise taxes, the answer can not always be gaming. The teachers of Nevada have decided they need more funds to operate in a more efficient manner. They proposed additional taxes. How about all the other businesses that make up our economy? Why are the casino properties being singled out to take on this additional burden. The time is coming that we will tax this vibrant industry out of existence - then where would everyone look for taxes, jobs, food and beverage, entertainment, retail, rooms and the tourist dollar?

If teaches need more money, it's time to approach the families whose children are now in the school system to provide some additional fund. From the start of things all residents pay for schools in their own taxes - why not add the 3% addition to the parents with children in the system. There are also many business establishments that have little or no tax base - don't you think it might be time for a little parity with the gaming industry?

In the final analysis, I don't think that this group will get this proposal off the ground. Trust me when I tell you that the Casino Industry pays more then their fair share of revenue to the State of Nevada. There is no doubt that all properties in all the States are looking for ways to help ease their tax burden. We need to share this financial output by gaming - it is the proper way and the fair way to create equal opportunity in a state where gaming is operating.