Reader Poll
Should Nevada increase its mining tax to help provide more money for the state budget?
| Response | Votes | ||
|---|---|---|---|
| Yes. The state only gets one chance to tax resources. | 77% | 133 | |
| No. This would be an undo burden on the mining industry. | 22% | 39 | |
| Total Votes | 172 | ||
Note: This is not a scientific poll. The results reflect only the opinions of those who chose to participate.
Discussion: 1 comment so far…
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I'm not sure how the gold tax assessment is implemented, but it seems that it should keep up with the pace of the daily gold market, just like investing in the Dow-Jones Industrials...if it goes up, we make money, and pay more taxes, or visa versa.
I'm curious though, how come most of the BIG gold miner's in the U.S.A. are from Canada? They come to this country, find gold, file for patent claims, and then own that land. Sure, the U.S. Treasury gets some revenue from this "gold diggin'", but is it a fair price? The Nevada county's gaining an employment base from this industry might think so, but when gold is $800.00+ per troy ounce and it costs them $300-400.00 per ounce to get it...maybe we aren't looking at how precious our lands are.