"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."
Nevada Senate Oks Repeal Of Mining Tax Protections
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts