Mr. Cooper (Letters, August 28, 2014) argues for a new business tax to fund an Education Initiative. Like many arguing for higher taxes, he assumes that government will spend the money wisely.
But facts say otherwise. A 2012 Harvard study by Hanushek, Peterson, and Woessmann was “unable to find significant evidence that increased school expenditure, by itself, makes much of a difference.”
He further argues that it is OK because Nevada is but one of three states that doesn’t have an income tax on business. Great. Now Mr. Cooper wants to give government another avenue to fleece citizens, as if government doesn’t take enough money already.
In reality businesses will collect this income tax from their customers in the form of higher prices. Mr. Cooper argues that citizens aren’t going to be hit with the tax, and he is right as long as a citizen is not a customer of the larger Nevada businesses. What are the odds?
Without a doubt Nevada, and the nation, need to improve the education outcomes of our children. But achieving those results will take more than throwing money at the problem. Nevada doesn’t need another tax to fund an Education Initiative that is unlikely to improve education outcomes.