Updates

March 20, 2018
20 Mar 2018

Political Update – March 20, 2018

       

In Nevada, Proof That Tax Cuts Work

 

By Assemblyman Jim Marchant
The Daily Signal
March 14, 2018

 

Confidence among small business owners is at a record high, according to a recent CNBC survey. The good humor is due, in part, to the half of them who expect positive change to come from the new tax law in 2018.

Positive change is already happening: Wells Fargo and U.S. Bancorp are two of many institutions raising their starting pay to $15 an hour.

I’m from Nevada, and Las Vegas’ own South Point Hotel, Casino, and Spa doubled its employee bonuses and canceled a scheduled increase in health insurance costs as a result of the tax cuts.

All told, Americans for Tax Reform reports that more than 4 million U.S. workers are receiving bonuses, wage increases, or better benefits thanks to the new tax law.

Americans need an alternative to the mainstream media. But this can't be done alone.

But if you exclusively listen to the overarching narrative from the political left, it seems tax cuts benefit only large corporations at the expense of the American middle class.

As for the rest of us? Any benefits we see are mere “crumbs,” according to House Minority Leader Nancy Pelosi, the 15th-wealthiest member of Congress.

I’ll give Democrats credit for getting half the story right: Businesses are benefiting from the new tax law, but not to the exclusion of working America.


 

 



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Quote of the week

Quote of the week


 

Quote:
"The small business owners I've spoken with over the years all echo a similar sentiment: Nevada's fairly low-tax business environment makes it a welcome place to plant their roots and build the business they've always envisioned. But a lack of capital stops them from expanding. Releasing federal taxes back to these job creators is the first step in addressing this problem."
 - Assemblyman Jim Marchant,
The Daily Signal,
March 14, 2018

 
 

Keystone's Mission:

To recruit, support and advocate for candidates for public office who support private sector job creation, low taxation, a responsible regulatory environment, and effective delivery of essential state services.
 

Keystone's Mission:

To focus on candidate support on state legislative races and the governor's office.
    • To oppose any form of corporate income taxes or other business taxes that discourage capital investment and therefore job creation.
    • Support limiting Nevada state government spending to the rate of population growth