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Won't Sen. Neal's proposed
tax increase cost Nevada jobs?
The danger to Nevada's gaming
industry does not lie in making the local industry pay a fair
share for the bounty it enjoys here. Remember, Nevada casinos
will not have to pay any taxes from Sen. Neal's initiative until
2003.
The real danger comes with the
industry itself opening up casinos in California RIGHT NOW. By
competing with itself, it will keep customers out of Nevada by
serving them in our prime market to the west. This can lead to
a long-term downturn in Nevada gambling and a loss of jobs.
Nevada casinos are doing the
equivalent of General Motors firing people in Flint, Mich., and
moving their manufacturing to Mexico. Paul-Son Dice, a longtime
Nevada gaming equipment manufacturer, actually moved almost all
of its work to Mexico several years ago.
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