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Old 01-24-2019, 01:00 PM
 
11,582 posts, read 4,226,197 times
Reputation: 5058

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Quote:
Originally Posted by equid0x View Post
Straight from the horse's mouth:

https://youtu.be/6ZpC5-511RE
Not clear and appears to have been deliberately truncated. Property tax is a mechanism issue as well as an amount one.


Sisolak on budgets...

***********************************
Raises for state employees, including teachers, increased funding for health and education, and maintaining many programs, like Meals on Wheels for the growing, older population in Nevada.

The two-year budget he proposed is almost a billion dollars more than the previous budget.

And, he pledged, it won’t require new taxes but he is planning to ask for taxes established in 2015, which are set to expire, to be extended.
***********************************
Knpr ON 1/22/2019

 
Old 01-24-2019, 02:36 PM
 
Location: Here and there, you decide.
11,744 posts, read 23,063,577 times
Reputation: 3988
Quote:
Originally Posted by equid0x View Post

The strip already gridlocks during large events like CES and backs up into 15. The roads there are as wide as they are going to get. Time to start looking at other options.
Definitely.. from the convention center to Luxor took over an hour during the concrete expo.... unreal....
 
Old 01-24-2019, 03:26 PM
 
569 posts, read 208,744 times
Reputation: 353
Quote:
Originally Posted by lvmensch View Post
Not clear and appears to have been deliberately truncated. Property tax is a mechanism issue as well as an amount one.


Sisolak on budgets...

***********************************
Raises for state employees, including teachers, increased funding for health and education, and maintaining many programs, like Meals on Wheels for the growing, older population in Nevada.

The two-year budget he proposed is almost a billion dollars more than the previous budget.

And, he pledged, it won’t require new taxes but he is planning to ask for taxes established in 2015, which are set to expire, to be extended.
***********************************
Knpr ON 1/22/2019
Not sure what's unclear? He straight up says he plans to raise funding by increasing property taxes.
 
Old 01-24-2019, 05:24 PM
 
10,416 posts, read 8,847,192 times
Reputation: 6217
Light rail, unless it's segregated from street traffic, is always a mess. There are always accidents with street traffic. And rail transit always bleeds money like a stuck pig. Here in NYC, the MTA is crying over it's billion dollar deficit, but raising fairs is a huge political issue. It's black hole. Don't go down it.

Quote:
Originally Posted by equid0x View Post
All public transit is negative ROI. It's always at least partially publicly funded thus the term "Public Transportation".

You can't expand bus service beyond a double decker bus. Light rail can pretty much be as many cars as you want, so long as you have the power conduits installed to handle the load. They're already running the deuce about every 5 minutes. There is clearly demand.

The point of a light rail is to expand capacity somewhere that busses alone are insufficient. Once the stadium and the orb go in there is going to be an increased demand for games and events.

The strip already gridlocks during large events like CES and backs up into 15. The roads there are as wide as they are going to get. Time to start looking at other options.
 
Old 01-24-2019, 05:30 PM
 
199 posts, read 84,047 times
Reputation: 158
The builders/developers are getting greedy building more houses despite the increasing inventory. High supply, low demand equals builders/developers shooting themselves in the foot, including the homeowners who just want to sell. Money makes people do dumb things. Here we go again 2008 part II, lol.
 
Old 01-24-2019, 05:44 PM
 
Location: Here and there, you decide.
11,744 posts, read 23,063,577 times
Reputation: 3988
Quote:
Originally Posted by MaryoVilla View Post
The builders/developers are getting greedy building more houses despite the increasing inventory. High supply, low demand equals builders/developers shooting themselves in the foot, including the homeowners who just want to sell. Money makes people do dumb things. Here we go again 2008 part II, lol.
Did you sell and move to Texas?
 
Old 01-24-2019, 07:08 PM
 
11,582 posts, read 4,226,197 times
Reputation: 5058
Quote:
Originally Posted by equid0x View Post
Not sure what's unclear? He straight up says he plans to raise funding by increasing property taxes.
He said no such thing. He said property tax caps are choking the gov. Which may well be true. And his remarks were truncated at that point. When that happens in political clips it almost inevitably because he said more that those using the clip do not wish to be heard.

Would fixing the cap on property taxes be a tax increase? Eventually for some but for most no. What it would do would be to make property taxes come up as fast as they went down when market value is restored.

He also raises a good point. It would appear desirable for NV education cost to be raised to the US average level. It is particularly weird that Clark County spends about the least per pupil in the state of NV.
 
Old 01-24-2019, 07:55 PM
 
569 posts, read 208,744 times
Reputation: 353
Quote:
Originally Posted by lvmensch View Post
He said no such thing. He said property tax caps are choking the gov. Which may well be true. And his remarks were truncated at that point. When that happens in political clips it almost inevitably because he said more that those using the clip do not wish to be heard.

Would fixing the cap on property taxes be a tax increase? Eventually for some but for most no. What it would do would be to make property taxes come up as fast as they went down when market value is restored.

He also raises a good point. It would appear desirable for NV education cost to be raised to the US average level. It is particularly weird that Clark County spends about the least per pupil in the state of NV.
He flat out said one of the ways to increase funding for all of these things "and people don't want to hear this, is property taxes" he continues, saying that "property tax caps are choking the government." Sounds pretty cut and dry to me.

He hasn't even denied this. He was later questioned about this statement around election time and said that he wouldn't be trying to raise property taxes "right away," but he hasn't backed off from his prior statement.

Property taxes don't need to be increased. If anything, there should be no property tax at all. You don't own it if you have to rent it from the government. I would replace property taxes with a flat "government services tax" that gets charged to every resident for covering police/fire and whatever else the property taxes normally cover in this state. Parents should pay a separate tax for sending their kids through the school system. Property owners who don't have kids shouldn't be responsible for this.

I agree that CCSD needs to be funded to normal levels. Other states fund their school systems with Lotto money in addition to property taxes, but NV won't have a state lottery due to the casino industry. IMHO if the casinos don't want a lottery then they should be taxed to fill the school funding gap a state lottery normally fills. I'm surprised but not surprised that this hasn't already happened.
 
Old 01-24-2019, 08:12 PM
 
1,748 posts, read 3,119,815 times
Reputation: 1872
No property tax simply ain't gonna happen.

If you think a lotto is going to fill the school funding gap, you're not looking at the numbers. We're close to $3,000 per pupil under the national average. We have approx half a million students. That's 1.5 billion dollars per year to simply get us up to average.

Quote:
Originally Posted by equid0x View Post
Property taxes don't need to be increased. If anything, there should be no property tax at all. You don't own it if you have to rent it from the government. I would replace property taxes with a flat "government services tax" that gets charged to every resident for covering police/fire and whatever else the property taxes normally cover in this state. Parents should pay a separate tax for sending their kids through the school system. Property owners who don't have kids shouldn't be responsible for this.

I agree that CCSD needs to be funded to normal levels. Other states fund their school systems with Lotto money in addition to property taxes, but NV won't have a state lottery due to the casino industry. IMHO if the casinos don't want a lottery then they should be taxed to fill the school funding gap a state lottery normally fills. I'm surprised but not surprised that this hasn't already happened.
 
Old 01-24-2019, 08:18 PM
 
11,582 posts, read 4,226,197 times
Reputation: 5058
Quote:
Originally Posted by equid0x View Post
He flat out said one of the ways to increase funding for all of these things "and people don't want to hear this, is property taxes" he continues, saying that "property tax caps are choking the government." Sounds pretty cut and dry to me.
That is because you are a true believer. True believers Always see the gray and muddy crystal clear. Generally wrong though.
Quote:

He hasn't even denied this. He was later questioned about this statement around election time and said that he wouldn't be trying to raise property taxes "right away," but he hasn't backed off from his prior statement.

Property taxes don't need to be increased. If anything, there should be no property tax at all. You don't own it if you have to rent it from the government. I would replace property taxes with a flat "government services tax" that gets charged to every resident for covering police/fire and whatever else the property taxes normally cover in this state. Parents should pay a separate tax for sending their kids through the school system. Property owners who don't have kids shouldn't be responsible for this.

I agree that CCSD needs to be funded to normal levels. Other states fund their school systems with Lotto money in addition to property taxes, but NV won't have a state lottery due to the casino industry. IMHO if the casinos don't want a lottery then they should be taxed to fill the school funding gap a state lottery normally fills. I'm surprised but not surprised that this hasn't already happened.
He said what he said. Simply put up the next few minutes of the interchange. But he is talking property tax caps...not property tax.

You are welcome to your beliefs. But that does not impact the fact that we tend to determine fair as a percent of value rather than a flat fee. The lunatic fringe libertarians have all sorts of weird views as to how society should behave. On occasion they may be right. So we should listen but ignore the simplistic. A simple view on taxation...you go where the money is...per head fees ignore this major parameter.

NV runs off of gambling money and mining to an extent no other state manages. That is why living here is so inexpensive. And in actual fact it is not simply NV that short changes education. Standard in the SW states. So NV is only one of the outliers.

Now of course we can rebalance the accounts. I think for instance there is evidence that we are mildly liight on gaming taxing and heavily light on mineral fees. We should fix both.
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