The Las Vegas Global Economic Alliance today announced its opposition to the proposed margins tax (Question 3 on the November ballot), acting after its executive committee voted to strongly oppose the tax. While the organization further outlines reasons for opposing the tax in as a Las Vegas Review Journal opinion-editorial you will see below, in summary, the executive committee notes that this proposed 2 percent business margins tax would hurt LVGEA’s economic and community development efforts if voters approve it this November.
That said, the LVGEA executive committee also concurred that a strong education system is vital to a strong economy. Therefore, the LVGEA has asked educators, including the teachers union, to collaborate with us to find solutions for our education system.
For more information about the LVGEA’s announcement, please see the editorial in today’s Review Journal here: http://bit.ly/1q5lvxh