Advocates promised the new tax would bring in over $1 billion a year in new revenue. And they quickly saw their predictions surpassed: the state Department of Revenue estimates it will generate over $1.5 billion this fiscal year.
my favorite part about reading the relevant Wikipedia article is the libertarian magazine claiming the islands were "more or less reclaimed by the sea". As if the people already there weren't people but fish or something.
For those curious: Here is the Wikipedia article