Cooper Howard reports on two recent SCOTUS decisions that will change government finance over time, and perhaps raise government credit scores.
The first decision requires sales tax on internet sales. Nevada is the most dependent of all states on sales tax to pay for state and local governments, so this ruling should have an exaggerated result for Nevadans. The boost in cash flow will be big. Internet sales tax revenue will be 100% paid by Nevada residents. Tourists donâ€™t get to participate.
The second decision likely wonâ€™t have any impact in Nevada for reasons explained in the article.
Here’s how Liberty Watch endorsed in the race:
Two Republicans are vying to be our next State Treasure and for Liberty Watch readers this is an easy decision. Newcomer Derek Uehara vs. Republican Super Hero Bob Beers.
Uehara lacks the knowledge or experience to be Treasurer, and from speeches he has given on the campaign trail, it appears he has very little knowledge of what it means to be a Republican. His position on Education Savings Accounts is discombobulated and schizophrenic at best. NO ON UEHARA.
Bob Beers is a proven commodity for Republicans, a Certified Public Accountant, Beers has served as State Republican Party Treasurer, and also in various leadership roles as, State Assemblyman, State Senator and Las Vegas City Councilman. Beers personifies conservatism, Beersâ€™ knowledge of finance and his experience as a legislator will service the people of Nevada well. Our tax dollars will be in safe hands with Beers at the helm of the Treasurerâ€™s office. Liberty Watch endorses BOB BEERS.
Another endorsement for Beers, this from long-time Nevada writer Tom Mitchell:
Nevadaâ€™s next state treasurer should be Republican Bob Beers, a CPA who has served in five sessions of the Nevada Legislature and is a former Las Vegas City Councilman. He was one of the â€śFearless Fifteenâ€ť who stopped Gov. Kenny Guinn from placing a gross receipts tax.
The treasurerâ€™s job is to hold the states purse strings. Beers knows how to do that.
Got another great citizen endorsement, this time from Mason Workman over on Facebook: “There’s not a better person for the job. Bob is fiscally conservative and has the citizens in mind. If you don’t know the man, reach out and make a connection.” Thanks Mason!
A group called “Don’t California Our Nevada”Â has endorsed Beers for Treasurer (along with Ron Knecht for Controller) as “Two pillars on a bedrock of fiscal conservancy.”