States Want More Revenue Too

And it’s not only the major cities that are looking to fill their coffers off the back of hurting businesses.  For example, we’d point to Michigan, where the state legislature sought to help businesses get back on their feet by passing 5 bills that all would have altered the tax liabilities of businesses within the…

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Governor Vetoes NC Franchise Tax Cut

North Carolina Governor Roy Cooper last week vetoed legislation that would have cut the tax rate on franchises in North Carolina. Protesting that the bill “prioritizes corporate tax cuts over investments in education . . .”, Governor Cooper vetoed S.B.578 which cut business franchise taxes at the same time that he signed a different tax…

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