Commerce tax outperforms projections

Nevada’s controversial commerce tax outperformed projections by a substantial margin in its first year.Taxation Director Deonne Contine said as the state closed its books on the 2016 Fiscal Year Friday, the tax had generated $143,508,593 in revenue for the General Fund. That’s more than 17 percent above the $119,826,000 it was projected to raise in year one.“We’re happy the commerce tax performed at least to projections,” said Mike Willden, chief of staff to Gov. B