Poll shows tight race so far in Nevada mining taxation ballot initiative
The issue of mining taxation has a number of Nevadans sitting on the fence as a petition drive continues to get constitutional mining taxation changes on the November ballot.
Posted: Tuesday , 13 Apr 2010
RENO, NV -
A poll commissioned by the Las Vegas Review-Journal, Nevada's largest daily newspaper, has found 40% of voters support a mining tax increase while 37% of Nevada voters are opposed.
The RJ reported Monday that 23% of those polled by Mason-Dixon Polling & Research were undecided while the margin of error is plus or minus 4 percentage points.
The poll was conducted last Monday through Wednesday. Respondents were asked whether they support changing the tax on net proceeds from mines to a tax on gross proceeds. They were also asked if they supported changing the 5% cap on the net proceeds of mines tax contained in Nevada's state constitution to a 5% floor on the gross proceeds of mines.
The Progressive Leadership Alliance of Nevada, which is circulating the petition with the backing of state teachers' unions, said it has gathered about 10,000 signatures so far. PLAN is seeking to gather 97,000 signatures by June 15th in order to qualify the measure for the Nevada November election ballot.
The Nevada Mining industry has a June 7th court date with the Nevada Supreme Court to appeal an injunction the industry has sought to declare the language of the petition to be illegal. A Carson City district court judge allowed the petition drive to proceed, but suggested changes in the language that have since been implemented by Nevada for Fair Mining Taxes.
Judge James Wilson estimated the petition will increase mining taxation in the state by 300%, hiking the taxes paid annually by mining to $284.4 million from $91.8 million if the higher rate had been in effect in 2008.