May 5, 2008

Food Tax Compromise?

New York Times Regional Newspapers reporter Dana Beyerle is reporting on a possible compromise in the legislative fight over eliminating the food tax. The story suggests Gov. Riley is proposing eliminating all but one cent of the state tax in return for allowing a 200% deduction on business taxes for small companies that provide health insurance for employees. A public vote on the annual vs every-four-years property appraisal change is also in the mix. There are just three meeting days left in the session, which must end by May 19th.

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