Thursday, April 30, 2009

Robbing Peter to Pay Paul

Lawmakers eye county dough: They’re likely to raid property taxes to help fill budget hole (Las Vegas Sun, 4/30)

This is a raid-the-kids-piggy-bank sort of thing. It means that Clark County, relatively stable until now, will soon be in the same desperate straits as the state.

The only REAL solution to the budget crisis is raising new taxes, but that's still politically unacceptable, so raiding other entities is the fallback.

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