First, Las Vegas topless clubs have lost their battle to stop paying the state's live entertainment tax. They claimed it was an unconstitutional limitation on their freedom of speech. The problem for them is that they are not singled out by the tax -- it applies across the board, even to ballet companies. Their is something funny though about topless clubs complaining about taxes. The odds are nil that these establishments, which operate on a mostly cash basis, don't skim profits before calculating taxes.
Second, Las Vegas real estate is getting whacked -- and hard. The median price fell below $300,000 for the first time since 2005 -- and that's according to realtors. I'll bet the real number is lower. Clearly, it's not reached the floor.
Third, as I predicted would happen, the Yankees are making their case for the playoffs. They are 0.5 games behind in the wild card chase and have closed the gap with Boston to 6 games. The Mariners are beginning to fade, falling to third place in the wild card hunt and to four games behind the Angels. I'm sure I'll still be getting an invoice for postseason tickets soon, however. I'll think of it as a down payment on my 2008 bill. Hopefully, they'll keep it interesting until September 9 when the football season begins.
A few unrelated items
First, Las Vegas topless clubs have lost their battle to stop paying the state's live entertainment tax. They claimed it was an unconstitutional limitation on their freedom of speech. The problem for them is that they are not singled out by the tax -- it applies across the board, even to ballet companies. Their is something funny though about topless clubs complaining about taxes. The odds are nil that these establishments, which operate on a mostly cash basis, don't skim profits before calculating taxes.
Second, Las Vegas real estate is getting whacked -- and hard. The median price fell below $300,000 for the first time since 2005 -- and that's according to realtors. I'll bet the real number is lower. Clearly, it's not reached the floor.
Third, as I predicted would happen, the Yankees are making their case for the playoffs. They are 0.5 games behind in the wild card chase and have closed the gap with Boston to 6 games. The Mariners are beginning to fade, falling to third place in the wild card hunt and to four games behind the Angels. I'm sure I'll still be getting an invoice for postseason tickets soon, however. I'll think of it as a down payment on my 2008 bill. Hopefully, they'll keep it interesting until September 9 when the football season begins.