Mining Tax Initiative Moves Forward
(Carson City, NV) – A measure to raise the cap on mining taxes can move forward. District Judge James Wilson has tossed out a challenge by the Nevada Mining Association to an initiative that would raise the state’s tax cap on minerals from five-percent to nine-percent. Supporters must collect at least 71,000 signatures by mid-June to get the measure on the November ballot. The ruling may be appealed to the Nevada Supreme Court.