Thursday, April 14, 2011

Revenue (tax) bills continue to emerge in Legislature's last weeks

Legislators introduced Senate Bill 5945 today, which proposes a referendum to the voters to raise taxes on a variety of specific industries that some policymakers believe are benefiting from "tax preferences that lack such a statement or purpose, or were enacted under very different economic conditions than the conditions that prevail in 2011." Among the industries that would see their tax rate jump are . . . READ MORE


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