Attorney Kermit Waters wants to completely revamp the Nevada tax structure. Under Waters' plan Nevada's mining industry would pay a 20% state tax and businesses earning $1 million in revenue a month would pay a gross-receipts tax. Waters also wants to abolish taxes on single-family homes and use the increased revenue generated from mining and business taxes to pay for teacher raises, road improvements and to fund the state's Millennium Scholarship as well as many other initiatives. Kermit Waters joins us to discuss why and how he plans to give the state's tax structure a complete face lift.
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Kermit Waters, attorney, Law Offices of Kermitt L. Waters