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Group Files Petition To Repeal New Nevada Commerce Tax

CARSON CITY — A group led by Republican Controller Ron Knecht has filed a petition seeking to repeal a new business tax backed by the Republican governor and most of the Legislature.

A political action committee called RIP Commerce Tax, Inc. filed a petition with the Nevada Secretary of State on Thursday to repeal the commerce tax. Supporters need to gather more than 55,000 signatures statewide to put the measure on the ballot.

Knecht is the president of the PAC. Other officers include Las Vegas City Councilman Bob Beers and former Nevada Assemblyman Ed Goedhart.

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The tax applies to the gross revenue of businesses that make more than $4 million from Nevada each year. It was part of a three-pronged bill passed this spring that was aimed at providing more funding for schools.