Assembly Republicans are renewing their opposition to a plan being pushed by some Senate colleagues to seek a 10 percent tax on Nevada’s gold and silver mine operators. Members of the Assembly GOP caucus say singling out the mining industry for more money would hurt rural economies and stifle job growth when the state is still recovering from the recession.
Six senators led by Republican Minority Leader Michael Roberson of Henderson are proposing a mining tax increase as an alternative to a 2 percent business tax that will be on the 2014 ballot. Senate Republicans said the plan would raise $600 million during the two-year budget cycle to be used to fund education.
Meanwhile, Nevada sales rose 4.2 percent in February, compared with the same month last year. The Department of Taxation claims, merchants sold nearly $3.4 billion in goods during the month, of which the state collected $265,000 in gross sales and use taxes. Statewide, 13 of Nevada’s 17 counties reported increased taxable sales.