Updates

November 20, 2018
20 Nov 2018

Political Update – November 20, 2018

 

Nevada approves Google’s $600M data center near Las Vegas, $25.2M in tax incentives 

Jason Hidalgo
Reno Gazette-Journal

November 16, 2018

The state of Nevada approved an application by Google for a $600 million data center in Clark County.

The new data center will be located in Henderson, Nevada, and is projected to create 50 jobs within five years. The average wage for the data center is estimated to be $31.25 per hour.

As part of a tax abatement agreement worth $25.2 million, Google will run the data center and employ its workers while Design LLC — a wholly owned subsidiary by Google — will own the property. The project will receive a 2 percent sales and use tax abatement over 20 years worth $18.75 million and a 75 percent property tax abatement over 20 years worth nearly $6.5 million from the state.

The Google application was one of 10 that were approved by the state this week. Other approvals by the state include applications by lead refiner Aqua Metals in Storey County, manufacturer Berkley International and specialty refiner Redwood Material in Carson City, and bicycle company FOX Factory and software-as-a-service business rfXcel in Washoe County.

Quote of the week

 


Quote:

“Nevada is giving Google a $25 million subsidy which equals $504,000 per job created. Creating 50 jobs at Google within 5 years, costing more hiring than 500 new teachers for next school year.”

Keyston Corporation

Nevada government pay gap highest in the nation, new data shows

Robert Fellner

Nevada Policy Research Institute

October 31, 2018

When measured as a percentage of private-sector earnings, Nevada local government workers were by far the highest paid in the nation last year, according to newly released Census data.

Last month, the U.S. Census Bureau released 2017 earnings estimates for the median full-time, year-round worker.

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.

P.O. Box 93596 | Las Vegas, NV 89193-3596

To ensure that you continue receiving email updates,

please add Info@KeystoneNevada.com to your address book or safe list.
Click here to unsubscribe 
Having trouble viewing this e-mail? View it in your browser