Tax initiative to affect farmers, ranchers

As the November election approaches, so does the Education/Margin Tax Initiative on Nevada’s ballot, a measure that could greatly affect many of Nevada’s agriculturists especially farmers and ranchers in the state.The Margin Tax Initiative or Question 3 on the upcoming ballot would require any business with gross revenues of more than $1 million to pay a margin tax liability of 2 percent on their entire revenue. The tax revenue would be spent on education in Nevada.“It is the e