Nevada Supreme Court Upholds Tax Initiative - 8 News NOW

Nevada Supreme Court Upholds Tax Initiative

Posted: Updated:
  • Las Vegas NewsLas Vegas News

  • Friday, May 17 2013 8:05 PM EDT2013-05-18 00:05:13 GMT
    LAS VEGAS -- When Randy Kleiner stopped to help an injured driver, he didn't expect to become injured himself. But on Thursday morning, as he was assisting someone who had crashed their car, another
    When Randy Kleiner stopped to help an injured driver, he didn't expect to become injured himself.
  • Saturday, May 18 2013 9:25 PM EDT2013-05-19 01:25:46 GMT
    As a family struggles with the death of a 15-year-old boy killed over and iPad, police are trying to track down the men responsible. Police say two men tried to rob the child of the device on Thursday.
    As a family struggles with the death of a 15-year-old boy killed over and iPad, police are trying to track down the men responsible.
  • Saturday, May 18 2013 9:09 PM EDT2013-05-19 01:09:50 GMT
    Lines of people were wrapped around The Lotto Store twice this weekend for the second largest lottery in the history of Powerball. The jackpot has grown to $600 million. People tell 8 News Now they waited
    Lines of people were wrapped around The Lotto Store twice this weekend for the second largest lottery in the history of Powerball.

CARSON CITY, Nev. (AP) -- An initiative to impose a business margin tax in Nevada to raise money for education has been upheld by the Nevada Supreme Court.

In a unanimous opinion issued Thursday, justices rejected arguments that the petition was flawed. It will now go to the 2013 Legislature, and more likely to voters in 2014.

The measure was pushed by the state teachers union and other labor groups. They argued it would raise $800 million a year for education and supporters gathered more than 150,000 signatures to send the proposal to state lawmakers.

But a pro-business organization challenged the measure, arguing a required 200-word description of what it would do was misleading because it doesn't guarantee more money for education.

Justices, however, said the description need not articulate every possible ramification.

Powered by WorldNow
All content © Copyright 2000 - 2013 WorldNow and KLAS. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.