I don’t disagree with you often, but in this case a small tax hike on silver and gold mines only, to fund schools and education, done probably to offset the big loss in casino tax revenue due to COVID-19 is a small price price to pay for this purpose.
Yep, republicans are idiots. The property taxes in my area just jumped way up. The local MAGAts are blaming rich Californians moving in (there are none). Never once occurs to them it is their elected officials taking all their money.
The Nevada Legislature Monday approved a major rewrite of mining industry taxes that will channel hundreds of millions of dollars directly into education budgets.
The Legislature adjourned shortly after midnight on Tuesday morning, the constitutional deadline for lawmakers to complete their work. Action went late into the evening, as a key budget bill didn’t pass the state Senate until about 10 minutes to midnight.
The mining tax bill, Assembly Bill 495, gained the two-thirds majority required to pass a tax increase in both houses, squeaking by first in the Assembly on a 28-14 vote and later by a more comfortable margin in the Senate, 16-5.
It resolves, at least for the time being, a long-running debate over how much one of the state’s dominant industries should properly contribute to state coffers, and at the same time provides the financial wherewithal to support a rewritten funding plan for Nevada’s schools.
Concretionist almost 3 years ago
I presume Nevada legislature decided to increase some tax of some kind?
Iseau almost 3 years ago
I don’t disagree with you often, but in this case a small tax hike on silver and gold mines only, to fund schools and education, done probably to offset the big loss in casino tax revenue due to COVID-19 is a small price price to pay for this purpose.
TrulyTexan almost 3 years ago
Yep, republicans are idiots. The property taxes in my area just jumped way up. The local MAGAts are blaming rich Californians moving in (there are none). Never once occurs to them it is their elected officials taking all their money.
piper_gilbert almost 3 years ago
What Willie Sutton said.
whiskeytangofoxtrot almost 3 years ago
https://www.rgj.com/story/news/politics/2021/06/01/heres-what-happened-final-hours-2021-nevada-legislature/7492317002/
rosado70 almost 3 years ago
Whatever this was about, it didn’t make the cur for the left wing or right wing news stations.
briangj2 almost 3 years ago
The Nevada Legislature Monday approved a major rewrite of mining industry taxes that will channel hundreds of millions of dollars directly into education budgets.
The Legislature adjourned shortly after midnight on Tuesday morning, the constitutional deadline for lawmakers to complete their work. Action went late into the evening, as a key budget bill didn’t pass the state Senate until about 10 minutes to midnight.
The mining tax bill, Assembly Bill 495, gained the two-thirds majority required to pass a tax increase in both houses, squeaking by first in the Assembly on a 28-14 vote and later by a more comfortable margin in the Senate, 16-5.
It resolves, at least for the time being, a long-running debate over how much one of the state’s dominant industries should properly contribute to state coffers, and at the same time provides the financial wherewithal to support a rewritten funding plan for Nevada’s schools.
https://www.reviewjournal.com/news/politics-and-government/2021-legislature/legislature-passes-mining-tax-bill-sending-funds-to-schools-2367805/
VadimUzdensky1 almost 3 years ago
https://www.reviewjournal.com/news/politics-and-government/2021-legislature/legislature-passes-mining-tax-bill-sending-funds-to-schools-2367805/
Can’t have schools be funded, now can we?