Income taxes don’t add revenue stability
August 10, 2009 - 9:00 pm
To the editor:
On the front page of last Tuesday's Review-Journal there was a very illuminating chart to along with the headline, "U.S. faces biggest revenue drop since Great Depression."
The chart shows the flow of personal and corporate income tax revenues into the federal Treasury since 2000. The numbers fluctuated all over the place. A graph of them would make the roller coaster to New York-New York look like a kiddie ride.
I point this out only because there is a large faction of political movers and shakers here in Nevada determined to manipulate us into believing we could "stabilize" our tax base if we would just add income taxes to the mix.
You don't have to be a political science or economics professor to take one look at the 10-year chart and know the whole idea of "stable" income taxes is pure snake oil. But, make no mistake, there will be plenty of snake oil pushers running for the Legislature in 2010 attacking Nevada's best-in-the-country tax system.
KNIGHT ALLEN
LAS VEGAS
Same old
To the editor:
Disappointment with our elected representatives in Washington is pervasive. We thought the new crew under Barack Obama's leadership would be different. We supported and encouraged change, but in six short months we are much worse off.
They are spending this country into oblivion. They don't care as long as they get their piece of the action. As voters, all we can do is try again by throwing them out in 2010 and hope the new guys get the message.
DOUGLAS BRADSHAW
GARDNERVILLE
Real agenda
To the editor:
I was intrigued by Linda Henderson's Aug. 1 letter to the editor in which she was angry with the "conservatives and Blue Dog" Democrats in Congress for not falling in line behind the Obamacrat agenda because, as she says, they may be afraid for their re-election chances in the mid-term campaigns.
Is she insinuating that the Obamacrats put one over on the angry and media-manipulated voters and now they want to be sure to get their real agenda passed before the de-mesmerised public has a chance to voice their possible disapproval of what they see as the de-Americanizing of America?
Sounded like it to me.
KENT RISCHLING
LAS VEGAS