Nevadans for Fair Mining Taxes is a coalition dedicated to ensuring a stable and equitable revenue source for our state by undoing antebellum Constitutional provisions which allow the mining industry to evade paying its fair share of taxes.
Unfairly singling out one industry?
Compare and decide
Nevada General Fund Revenue Sources:
|
Taxes |
FY 2005 (Millions $) |
FY 2006 (Millions $) |
FY2007 (Millions $) |
FY2008 (Millions $) |
|
Sales |
913.9 |
1,005.1 |
1,020.8 |
966.1 |
|
Gaming |
749.7 |
838.1 |
858.7 |
771 |
|
Modified Business |
226.9 |
255.3 |
279 |
284.6 |
|
Insurance |
215.9 |
238.6 |
260 |
256.7 |
|
Live Entertainment |
107.9 |
117.1 |
132.5 |
121.6 |
|
Cigarette |
113.3 |
114.7 |
113.1 |
110.4 |
|
Liquor |
35.5 |
37.3 |
38.9 |
39.4 |
|
Mining |
16.5 |
19.7 |
27.7 |
35.1 |
|
Car Rental |
26.8 |
26.7 |
29.8 |
29.8 |
If Nevada were a country, it would be the fourth largest gold producer in the world, after China, Australia and South Africa. Yet Nevada’s world-class gold mining industry produces roughly the same amount of tax revenue for Nevada’s general fund as the state’s tax on rental cars.
