Senate Dems announce temporary tax plan

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Updated: 5/13/2013 1:06 pm

CARSON CITY, Nev. (AP) — Democrats in the Nevada Senate are proposing a hike in the state's payroll taxes and a bigger bump for mining corporations to raise money for education priorities.

The measure to be formally introduced Monday would raise an estimated $255 million over the upcoming biennium.

Senate Majority leader Mo Denis of Las Vegas says the plan will target only large corporations and mining companies. Money would help fund smaller class sizes, English language learner programs, full day kindergarten and pre-kindergarten programs.

Senate Democrats say the payroll tax increase is designed to address immediate funding needs and would be temporary. They say it would be phased out in 2015.

But with only three weeks left in the 2013 session, passage of any tax measure is questionable.

 

©2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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