The State of Nevada was born by mining in 1864 with the Comstock Lode. The 5% cap on net proceeds was built into the State Constitution from the get-go. Nevada is the 4th largest gold producing political entity in the world. Now comes the problem with the 21st Century population demographics within the state with Las Vegas and Reno-Carson completely dominating the voting. A large portion of these residents are recent arrivals that have not a clue as to what exists in the rest of the State. They want to kill the Golden Goose by demanding their fare share of the gold miners hard won production. Classic.