Ravenwood - 09/08/03 06:00 AM
CNS News reports that some Nevadans are hoping to recall their Republican Governor after he raised taxes in an apparent violation of the state constitution. In case you don't remember, Guinn successfully passed a tax increase, and circumvented the state constitution by claiming the tax increase was for the children. His creative move pitted a constitutional provision requiring a two-thirds supermajority for tax hikes against another provision that demanded that school funding be secured. I found Guinn's actions to be appalling.
Faced with a state budget deficit of $700 million, Guinn proposed a $5 billion budget, including $1.3 billion in spending increases and $860 million in tax increases.Taking that statement at face value, spending increased more than 35%, and it looks like the budget deficit is largely self-created. Even though Nevada has two year budgets, considering there are only about 2.2 Million people, it is still a pretty big increase.
Opponents of the recall note that a recall of the Governor isn't likely. They blame "fringe characters" for trying to unseat the Governor, and note that poll data shows that 68% of Nevadans are opposed to recalling Guinn. Since more than 128K signatures (representing 25% of the voters from last November).
If fiscal conservatives like myself are considered "fringe characters", then the Free State Project is looking better and better.
>the free state is looking better and better
Nice thesis. I hope it actually happens. However, agonistic that I am... I wouldn't bet on that horse if you gave me 100 to 1.
Posted by: Charles Munn at September 12, 2003 12:04 PM(c) Ravenwood and Associates, 1990 - 2014