Archive for the ‘Nevada’ Category

Vegas to CA: Humorous Ads Score

Saturday, March 25th, 2006

I previously wrote about Las Vegas’ attempt to draw more businesses from California. A few days ago I saw one of the ads: A giant peanut crushed a Californian, akin to California’s huge tax burden crushing a business. One Los Angeles television station, KABC, has refused to run the ads, citing an anti-California theme and offensiveness.

KABC is correct. The ads are anti-California, but they’re hardly offensive. Accurate is a better statement, especially when you compare the extremely offensive (high) tax burden in California to the non-offensive (low) tax burden in Nevada.

I haven’t seen another ad that the Nevada Development Authority has run. It features a poker game between California business and Las Vegas business. According to the Las Vegas Review-Journal, the Las Vegas business gets three aces and a “No state personal income/corporate tax card” while California gets an anti-business card. Las Vegas moves all-in while California folds.

The Nevada Development Authority has $5.5 million in marketing dollars to spend. But their most important bit of marketing is out of their hands—the results in the California June primary on Proposition 82, which would increase California’s already offensive tax burden.

Las Vegas Gears Up for Prop 82

Friday, March 17th, 2006

Proposition 82, Rob Reiner’s Preschool/Tax Increase Initiative, is really the “Help Las Vegas, Phoenix, and Denver” Initiative. Las Vegas decided that I am absolutely correct. Today, Las Vegas’ mayor, Oscar Goodman, announced a new initiative to bring more California businesses to Las Vegas. “There is very little we can give them that they don’t get already. We just give them ourselves.”

Goodman noted to Reuters that Las Vegas isn’t offering business incentives. Well, they don’t need to. Even with increased real estate costs in Las Vegas, it’s still less expensive than California. Add in workers compensation, high income taxes, and the potential disaster of Proposition 82, and you have a trifecta. Las Vegas even has a beach (well, I saw one at the Mandalay Bay hotel’s pool….)

News Story: Reuters