Not about legalizing and taxing prostitution. No, wait ... he's probably totally wrong about that too.
But the thing that he's most definitely totally wrong about is this other notion he's floated from his chairman's perch aloft the Senate Taxation Committee, i.e., that any new taxes the Legislature enacts to get the state through the current crisis should go away once the state comes out the other end (assuming it ever does).
Nevada, a profile in cheapness, spends less on state government than any other state in the country. What money it does spend on state government comes disproportionately from sales taxes paid by working -- or increasingly, not-working -- families who can least afford to pay. That's how Nevada's tax system was structured when the economy was great. And that's how it's structured when the economy sucks.
Coffin's got it backwards. There shouldn't be a trigger to sunset new or increased taxes on business once the state gets out of its current budget crisis. Instead, there should be a trigger to raise taxes on hitherto mostly untaxed bidnesses even more once the world turns right-side up again.