Mining Through Uncertainty

Nevada Modified Business Tax In Millions $700 $600 $500 $400 $300 $200 $100 $0 FY FY FY FY FY FY FY FY FY FY '09 '10 '11 '12 '13 '14 '15 '16 '17 '18 NEVADA Mining Association Share of General Fund Revenue 14.5% Mod. Business Tax MINING THROUGH UNCERTAINTY Source: Nevada Governor's Finance Office 107 APPLIED ANALYSIS

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