Nevada Issues

July 7, 2018
DOWNSIDE OF TAX INCENTIVES FOR BUSINESSES
The state of Nevada “gave away the farm” in their attempt to get Elon Musk to locate his gigafactory in Nevada. Because the Tesla battery factory does not pay much in taxes right now, the state has no budget surplus to pay for services to those displaced by landlords raising the price of rentals because of factory workers moving into the area. The state also does not have funds to provide breaks to those who might want to build more affordable housing.

This article contains a good summary of the woes facing the Reno-Sparks area because of the Tesla gigafactory.
https://www.theguardian.com/cities/2018/jul/03/all-humanity-has-left-the-area-the-cities-paying-for-tesla-gigafactory

This effect is happening in other cities too, where revitalization evicts people from older housing units, and they cannot afford the price of the newer apartments or houses. As I’ve visited family in Honolulu the past 4 years, I’ve seen many more homeless people on the streets as revitalization takes place in an area between Waikiki and downtown. Growth and urban renewal are important, but never at the expense of the people living in an area. It should be about a good quality of life (which doesn’t necessarily mean luxury or an abundance of services), not just mega-profits for property owners/builders.

April 1, 2015
HARRY REID WON’T SEEK RE-ELECTION
Senate Minority Leader, Harry Reid (D-NV) has announced that he will not seek another term in the Senate. Hurray!!! He has been an obstruction to bipartisan legislation in Washington for the past 6 years.

Advertisements
%d bloggers like this: