House Finance Committee discusses B&O reform

The House Finance Committee continued its important interim work discussing the state's tax structure by holding a work session yesterday on ways to reform the B&O tax. Earlier this year the Committee discussed what the principles of the state's tax system should be. I had the opportunity yesterday's to give a presentation on WPC's proposal to modify the state's current B&O tax to a Single Business Tax, or gross-receipts margins tax . . . READ MORE