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Economy & Business | Election 2020 | Government | IndyBlog

Taxpayers association opposes teacher union-backed sales and gaming tax ballot questions

February 14th, 2020 - 2:08pm
The group, which is a long-standing nonprofit that promotes “sound fiscal policies” and typically lobbies on tax issues during legislative sessions, announced its opposition to the proposed ballot initiatives in a press release Friday, saying that a “policy blueprint of this size and scope” should be approved through the legislative process and not by voters.

Economy & Business | State Government

Attorneys spar before Supreme Court over legal division’s role in payroll tax lawsuit

February 12th, 2020 - 2:00am
Justices did not rule from the bench but said they would attempt to deliver a decision “expeditiously,” which would clear an important hurdle in the lawsuit brought by state Senate Republicans over a pair of bills — one removing a scheduled decrease in a payroll tax and another extending a $1 per transaction DMV technology fee — passed during the 2019 Legislature with less than the two-thirds majority constitutionally required for any tax increase.

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Economy & Business | Election 2020 | State Government

Chamber of commerce PAC sues to block sales tax hike proposed by teacher union

February 5th, 2020 - 4:53pm
In a briefing, chamber attorney Kevin Benson took issue with the petition’s summary or “Description of Effect,” which says it will raise the Local School Support Tax to 4.1 percent. The lawsuit argues that because the so-called LSST is a portion of the overall sales tax rate, voters are not informed that the total sales tax rate in Clark County will be close to 10 percent.

Economy & Business | Marijuana | State Government

Treasurer trying to cut cash from cannabis, but skeptics say ‘closed loop’ is far from solving pot banking woes

January 26th, 2020 - 2:00am
Several states have attempted such a feat, but if successful, Nevada would be the first state to apply closed-loop technology to legal marijuana markets that are unable to freely participate in banking because marijuana is a federally illegal controlled substance and banking is intimately tied to the federal government.



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