Is Las Vegas facing a "perfect storm" with increased gaming taxes, high restaurant prices, infrastructure issues, crime/gang problems and other issues which confront large urban areas?
I was astonished to read that Las Vegas is now the most expensive restaurant city in the country, and higher gaming taxes may put a damper on future growth.
Las Vegas Becomes Country's Most Expensive Restaurant City
"Here in Las Vegas, that atmosphere for gaming having unfettered power to control economic-political outcomes is about to be changed as never before," he said.
He then referenced the initiative proposed by the teachers union to raise the gaming tax 3 points to 9.75 percent to pay teachers more and finance educational programs. That's a 44.4 percent tax increase."