Nevada Senate Oks Repeal Of Mining Tax Protections
"I'm very concerned about taking this out," said Sen. Pete Goicoechea, R-Elko, whose district includes some of the state's largest gold mines.
Sen. Barbara Cegavske, R-Las Vegas, noted $89 million in tax incentives granted to Apple Inc. last year to set up operations in northern Nevada. She said targeting one industry for higher taxes while granting others tax breaks "shows no foresight."
Republican Sen. James Settelmeyer of Minden and Don Gustavson of Sparks also voted against the resolution.
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