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Opponents also question the projected tax revenue to the State provided by proponents of the mine. The proposed Pebble Mine project is on land owned by the State of Alaska and is subject to a mining
license tax of $4,000 plus 7% on all earnings above $100,000. If the Pebble Mine Project yielded $2.1
billion in profit each year, calculate how much annual tax revenue would be generated for the State of
Alaska. Show all of your work and clearly label each step.

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