By Sean Whaley | Nevada News Bureau
CARSON CITY — Carson City District Judge James Wilson on Monday ruled that a teacher-backed margin tax in Nevada cannot go forward because it violates a “single-subject” rule for such measures.
Wilson said because the initiative petition proposes the tax and a requirement for certain taxpayer information to be made public, the proposal deals with two subjects.
The petition, filed by the Nevada State Education Association in June, sought to levy a 2 percent tax on companies making gross revenue in excess of $1 million a year.
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