GRT bites: My latest feature for the Sunday opinion pages on Kenny Guinn's proposed gross receipts tax: How it would work and what impact it's likely to have on Nevada's halting attempts to move beyond a tourism-based business environment.

Steve Frates at Claremont McKenna College summed up the economist's objection to the tax well:

The gross receipts tax would be "the kiss of death for business and economic growth. First, it immediately affects all businesses of all types. Next, the small-margin companies are roto-tilled by this tax."

Sure to cause heartburn in Carson City. Or at least we can hope.